embracing loft diversityThe Manhattan loft building at 10 Leonard Street has only 16 units, but two of them sold this month. Though both are said to be about 1,700 sq ft and are newly renovated, they are different from each…
Category: loft neighborhoods tribeca
from fire sale in nuclear winter to +27% at 155 Hudson Street
price discovery can be hardTake a generic classically Long-and-Narrow Manhattan loft, roughly 22 feet wide, with not a lot to brag about as far as finishes, and try to sell it in two very different sets of market conditions. As…
Tagged with: 2002, 2004, Comps, Hudson, Lehman, Longandnarrow, Neighbor, One Bed Wonder, Peak, Renovation
down and down 44 Walker Street loft closes after a year, off 7% since Peak
ominous trend lineThe Manhattan loft on the 4th floor at 44 Walker Street closed on April 26 at $1.79mm, which seems not particularly brag-worthy given that it started the marketing campaign way back on November 26, 2009 at $2.3mm. But…
The Market corrects too low price for 53 N. Moore Street loft, generates a koan
straight up bidding warThere are a lot of green April loft sales on the Master List of Manhattan Lofts Sold Since November 2008; so many that the over-use of color in April deserves a post of its own. On some…
Tagged with: Bidding War, Comps, Freezer Burn, Koan, N Moore, Neighbor, Nuclear Winter, Outdoor Space, Peak, Zen
99 Reade Street and the value of low-ceilinged lofts in Manhattan
in which the power of social media is revealedOne of the Manhattan Loft Guy secrets I have been keeping (more out of sloth than avarice) is that I have joined the ranks of tweaters. Of course you can follow me…
99 Reade Street loft sales show sound and fury in market, but it’s no tragedy
unless The Market is down 8% in 4 monthsIf I told you that the Manhattan loft #5W at 99 Reade Street (Reade Court) closed on April 11 down % compared to #3W four months earlier, with the same footprint and…
80 Chambers Street loft takes a year to go from $3.5mm to $2.75mm in an efficient (gasp!) micro-market
at least it got a birthday presentWhen the Manhattan loft #15F at 80 Chambers Street sold on March 17 at $2.75mm that closing capped a marketing campaign that started on February 11, 2010 at $3.5mm. In exchange for the 21%…
101 Warren Street resale makes news without being new
the greying of The Old Grey Lady continuesDo people think that the regular Sunday New York Times real estate section feature Residential Sales Around The Region features recent sales? I bet they do, though to be fair to the Times…
60 Thomas sells +21%, but that's above 2004 purchase
some good news, and some other newsIf you were the seller of the Manhattan loft on the 6th floor of 60 Thomas Street you are pleased to sell at a 21% gain, even if that gain is measured from 2004.…
replete loft at 39 White Street just misses $1,000/ft but flies through market
a secret for far too longThe “1,925 sq ft” Manhattan loft on the 4th floor at 39 White Street sold on February 7 for $1.92mm but somebody kept it a secret until the deed was filed on March 26. It’s…
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