probably not low enoughThere’s a Manhattan loft newly returned to market in a brand-name Tribeca building that has been for sale for quite a while. It is now on its third firm and fourth price. It is hard to see…
Category: loft neighborhoods tribeca
getting out of the Zinc with some of shirt, as 475 Greenwich flips
not much fun, or profitThe Manhattan "loft" #3A in the new building dubbed Zinc, 475 Greenwich Street (love the Tribeca pix and Talking Heads on the building’s website), sold in the first offering for $2.45mm and was immediately (10 days;…
4 months to close, 4 years to zero out at 260 West Broadway
threading the needle to a quick sale, through the Way Back Machine The Manhattan loft #5G at 260 West Broadway (the American Thread Building) slid through The Market this year, starting on January 8 and finishing on May 6. (Not…
Tagged with: 2005, American Thread, broadway, Hudson, Light, Negotiation, Square Feet, Views, West Broadway
how to get cash in 10 weeks / negotiating to close at 155 Hudson Street
no secret formulaHow’s this for a lovely trajectory in a challenging market? The Manhattan loft #4N at 155 Hudson Street came to market on February 20 at the wrong price ($2.395mm) but they (apparently) really wanted to sell and they…
Saturday diversion / Tamarind in Tribeca
nothing to do with Manhattan lofts, per seIf you like Indian food as much as I do, you’ve probably been to Salaam Bombay at 319 Greenwich Street in Tribeca and to Tamarind at 41 East 22 Street in Flatiron.…
bringing low balls and a hard nose / developer trying to close out at 415 Greenwich
take the money + run?The Tribeca Summit at 415 Greenwich Street is a candidate for poster boy for bi-polar psychosis (an armchair diagnosis). The Manhattan loft deluxe condo conversion of a warehouse has been marketing since Summer 2006, at a…
Tagged with: 2006, Amenities, Conversion, Discount, Greenwich, Loading Dock, Price Drop, Tribeca Summit, Warehouse
set price off low comp or high comp? too pushy (or not) in Tribeca gets neighborly
comping is hardFascinating new listing for a Tribeca loft in a fairly recent high-end Manhattan loft conversion. They are asking above $1,250/ft for space that sold in the conversion at around $850/ft, probably with many of the same proper proper…
getting pushy but getting it / 90 Hudson exceeds $1,200/ft
renovation bliss, perhaps The Manhattan loft #5B at 90 Hudson Street was certainly pushing the envelope when it came to market in September 2007 at $1.495mm (we know this because it did not sell). That ask was roughly $1,500/ft…
quick work at 139 Reade Street / 11 weeks from list to artistic close
taking advantage of the Fall market How’s this for a quick sale? The Manhattan loft #3B at 139 Reade Street came to market on September 28 at $2.875mm and found a contract within six weeks, then closed in another 4…
NY Times highlight 142 Duane St sale, mis-counts weeks, omits land lease info
garbage in, garbage out? The problem with relying on the NY Times sometimes for accurate information about Manhattan loft sales is that the Times has to rely on (shudder) real estate agents to supply "facts". That can lead to…
Tagged with: Balcony, Comps, Duane, Efficient Market, Fireplace, Land Lease, Neighbors, Ny Times, One Bed Wonder, Square Feet
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