warning: no rational market aheadTo answer the headline question quickly (as if there were any mystery to it): nothing significant has changed since 2005 about the new-in-2001 multi-building residential loft conversion known as 28 Laight Street, the Cobblestone Lofts. It…
Category: loft neighborhoods tribeca
what has changed at Cobblestone Lofts, 28 Laight Street, since 2005?
Tagged with: 2001, 2005, Comps, Floor Plan, Holland Tunnel, Laight, Neighbor, Northwest Tribeca, Proportion, Rational
truly “one of a kind” bathroom sells for $2.35mm, loft at 56 Warren Street comes with it
what’s the magic trick?Forgive me, but the question that lingers longest in my mind after seeing that the “2,200 sq ft” Manhattan loft #5E at 56 Warren Street just sold for $2.35mm, is how did they take that bathroom picture…
Tagged with: Bathroom, Classic, Conventional Wisdom, Hall Of Fame, Howard, Hudson, One Bed Wonder, Open, Renovation, Warren
“great bones” 100 Hudson Street loft sells above where it “should” have
the best comps are close in time, size and location, with few adjustmentsApparently The Market thinks that the difference between “1,100 sq ft” of “great bones” and “1,100 sq ft” of “meticulous renovation” and “superb craftsmanship” is $92,500 in Tribeca.…
195 Hudson Street loft takes deep haircut to close up 385% (since last century)
speaking of low-balls …Since the “2,325 sq ft” Manhattan loft #3D at 195 Hudson Street recently sold at $2.85mm after having been asking $3.5mm, you have to wonder just how low that negotiation started. A negotiated discount of 18.6% implies…
Tagged with: Bidding, Comps, Discount, Floor Plan, Glass Walls, Hudson, Low Ball, Negotiation, Neighbor, Renovation
minty 45 Walker Street loft sells under $1,000/ft with no discernible big loft premium
a Big Gulp indeedThere’s a lot to be distracted by about the “4,781 sq ft” Manhattan loft on the 3rd floor at 45 Walker Street in northeastern Tribeca (triple mint renovation in a classic Tribeca loft space, the scale of…
Tagged with: 2003, Ceilings, Comps, Floor Plan, Large Loft, Neighbor, New Development, Penthouse, Walker, Windows
primitive loft at 474 Greenwich Street sells at $908/ft
no artists evident, but stillThe “1,100 sq ft” manhattan loft #5N at 474 Greenwich Street in the far northwest corner of Tribeca was billed as a “Classic TriBeCa Artist’s Loft”, which is true, even if there was no sign that…
124 Hudson Street loft finally sells, above nearby comp but below 2006
perhaps you have heard?To look at the most obviously relevant data on StreetEasy regarding the recent sale of the “3,217 sq ft” Manhattan loft #5C at 124 Hudson Street, you’d think the sellers did fairly well. After all, the clearing…
love it or hate it? glass master bath sells at 181 Hudson Street loft
one person’s wow might be another person’s ewwSometimes I wonder if I get attracted (or, distracted) by the same things in a listing that people who do not look at Manhattan lofts for a living notice. For the recent sale…
Tagged with: 2007, Bath, Comps, Conventional Wisdom, Glass, Hudson, Layout, Neighbor, Renovation, Volume
161 Hudson Street closes off 2.5% since (late) 2007
crude measures are, well, crudeRegular readers of Manhattan Loft Guy know that I am enamored of the power (well, potential) of the Master List of Manhattan Lofts Sold Since November 2008, and that one of my favorite uses to date…
Tagged with: 2007, Comps, Holland Tunnel, Hudson, Laight, Light, Longandnarrow, Neighbor, Square, Views
53 Warren Street loft resale shows depth of bath developer took in 2009
snap shot of chilly timeThe resale of the “1,562 sq ft” Manhattan loft on the 2nd floor at 53 Warren Street is a happy tale for the sellers, as they paid the sponsor only $1,705,568 in August 2009 for the…
Tagged with: 2008, 2009, New Development, Nuclear Winter, Peak, Penthouse, Price Drop, Townhouse, Trough, Warren
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