you get a massive discount, and a projectIt is not often that you see weather impacts in Manhattan loft listings or sales, or that you see lofts for sale that have actually been wrecked (as in destroyed) as opposed to…
Category: loft neighborhoods tribeca
when bad things ($605/ft!) happen to nice lofts, super storm edition at 79 Laight Street
Tagged with: Comps, Flood, Insurance, Laight, Neighbor, Renovation, Storm, Us Sugar Warehouse, Weather, Windows
132 Duane Street loft improves on mint, doesn't quite triple in value
to each his ownWe are going to play with some sets of triple numbers here. The “2,300 sq ft” Manhattan loft on the 3rd floor at 132 Duane Street that recently sold for $3.4mm has now sold 4 times…
9 Murray Street loft takes 5 months, 3 prices to sell
alert the media!My last 3 substantive (loft-y) posts involved lofts that sold quickly with strong prices. Of course, they fit the current conventional wisdom about the market. But not all lofts are above average, to go Keillor on ya. Since…
Tagged with: 2008, 2011, Broker Babble, Ceiling, Comps, Discount, Kitchen, Longandnarrow, Murray, Windows
112 Hudson Street loft zooms through market above ask
another oneI can’t tell from my notes and calendar why my buyer client around $1.5mm never got to see the “1,103 sq ft” Manhattan loft in prime Tribeca on the 4th floor at 112 Hudson Street, but the sellers…
you'd have to see 161 Hudson Street loft to hope to know why it sold 53% above 2009, 9% above ask
redesigned, not renovatedYou only have to toggle back and forth between the 2013 floor plan and the 2009 floor plan for the “2,314 sq ft” Manhattan loft #2B at 161 Hudson Street a few times before you are confident that…
Tagged with: Architect, Bathroom, Builtins, Hudson, Kitchen, Mahogany, Redesign, Renovation, Second Floor, Thaw
did 11 Lispenard Street loft (Tribeca) sell because close to Soho?
interesting (truthful) marketing angleThe “1,782 sq ft” Manhattan loft on the 5th floor at 11 Lispenard Street is so solidly “Tribeca” that it is one short block west of the original Triangle Below Canal block (more on that, below*). Yet…
Tagged with: 2010, Broker Babble, Cash, Classic, Layout, Lispenard, Longandnarrow, Renovation, Soho, Windows
a tale of two 2nd floor lofts on Thomas Street
one sold, one not It was the best of times for the 2nd floor loft at 86 Thomas Street, as it just sold for $1,325/ft; it was the worst of times for the 2nd floor loft next door at…
Tagged with: Ceiling, Columns, Competition, Kitchen, Layout, Neighbor, Renovation, Thomas, Western Union, Windows
45 Lispenard Street loft takes a year to sell at small discount to ask, 11% premium over Peak
‘tis a puzzlement The Market just loved the “1,800 sq ft” Manhattan loft #5E at 45 Lispenard Street, as we see from the fact that it sold on April 25 at $2.2mm after selling at near-Peak for just $1,988,500.…
Tagged with: Bidding War, Broker Babble, Discount, Empire State Building, Layout, Lispenard, Rational, Square, Views, Windows
late original buyer at 415 Greenwich Street flips Tribeca Summit loft for fun and profit
nicely played, sir (& madam); nicely played For people with an ‘investment’ approach to Manhattan residential real estate, this is how it’s done: buy at $3.35mm, sell 14 months later at $4.085mm. Everyone would do that if they could,…
Tagged with: 2006, 2008, Comps, Flip, Greenwich, Neighbor, New Development, Risk, Sponsor, Tribeca Summit
85 Leonard Street loft doesn't quite zoom, but sells above ask
nearly $2mm gain in 4 years The “2,434 sq ft” Manhattan loft on the 4th floor at 85 Leonard Street (the condo name, Kitchen, Montross & Wilcox Store, is a mouthful, explained below) enjoyed an enviable but hardly unique…
Tagged with: 2007, 2009, Ceilings, Layout, Leonard, Longandnarrow, Loss, New Development, Sponsor, Windows
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