some agents don’t (always) babbleYou’ve read a lot of broker-babble in the descriptions of Manhattan lofts for sale, and in this sense I mean "babble" as in drivel: those words that take up space but — especially when strung together…
Category: loft neighborhoods tribeca
2 cuts (deep), 5 months (short) to contract at Dietz Lantern, 429 Greenwich Street
getting it doneThe Manhattan loft Unit 6B at 429 Greenwich Street, northwest Tribeca’s Dietz Lantern building, closed on December 22 (deed filed January 8) at $2.45mm, the culmination of a fairly serious marketing campaign. They started in May at $2.999mm…
Tagged with: 1996, 1997, 1998, 2006, Comps, Dietz Lntern, Doorman, Family, Greenwich, Northwest Tribeca
American Thread loft sells on Groundhog's Day, again
seriously weird, but totally trueThe Manhattan loft #8C at 260 West Broadway (an all-time MLG favorite loft building) closed on December 23. I had to focus really hard to appreciate that the sale was December 23, 2009 rather than another…
161 Hudson Street closed after 14 weeks, up 33% (since 2004)
don’t worry about the interimThe Manhattan loft #2B at 161 Hudson Street had a pretty good run through the 2009 market, starting at $2.7mm in March, dropping twice in April (to $2.5mm) and closing June 30 at $2.41mm. That quick…
2006 + 30% = 2009? (or not)
pushy, pushyHaving visited both 2006 and Franklin Street in Tribeca on Wednesday (Aug 5, 155 Franklin Street crashes past 2006 to close up 28% (since 2000)), a Manhattan loft that sold more than 3 years ago around $850/ft caught my…
155 Franklin Street crashes past 2006 to close up 28% (since 2000)
off a million, or soThe Manhattan loft #3S at 155 Franklin Street (the Sugar Loaf) was one of only five lofts in Tribeca that closed in June, per recent articles in The Real Deal Trouble in Tribeca. For a seller…
Tagged with: 2000, 2006, Beams, Bidding War, Cast Iron, Columns, Franklin, Joists, Price Drop, Sugar Loaf
100 Reade Street sale is straight out of 2005 while wishing for 2008
which is when?This "1,550 sq ft" Manhattan loft sold for $1.545mm: "Stunning bright est. 1550sf … in one of TriBeCa’s most desired land marked addresses. Grand dining/living room with open kitchen flooded with southern light is perfect for entertaining while…
50 Warren Street closes, off 45% from original ask + 14% off 2005 price
how do you spell O – U – C – H ?It is fair to assume that the sellers of the Manhattan loft on the 3rd floor at 50 Warren Street were quite frustrated with how … realistic … they…
Tagged with: 2005, Chambers, Discount, Long And Narrow, Negotiation, Price Drop, Sothebys, Square Feet, Warren
73 Worth Street closes by biting a very large bullet in one bite
did I say "large"?I wish I had a transcript for the negotiating that resulted in the June 12 closing of the Manhattan loft #4B at 73 Worth Street. The ‘simple’ facts are that it had been asking $3.2mm and the…
biting a big bullet in little pieces / 9 Murray closes off 40%
price of "canvass" has plummetedThe Manhattan loft 5SE at 9 Murray Street was presented to the market in August 2008 (just before Lehman) with grand ambitions and evident motivation: starting at $1.9mm on August 16, 2008; dropped to $1.8mm in…
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