muchI assume that anyone who finds the way to Manhattan Loft Guy knows not to trust "recent sales" information in dead tree media without verifying it. Today’s warning is sponsored by the Just Sold feature in today’s NY Post. When…
Category: lofts in other neighborhoods
454 West 46 Street loft sold after MUCH longer campaign than in the NY Post
Tagged with: 2004, Comps, Days On Market, Duplex, Efficient, Neighbor, Ny Post, Piano, Renovation, West 46
1200 Broadway loft closes near 2009 ask
timing is (not quite) everythingThis story doesn’t get old (at least, not yet): a well-priced Manhattan loft sells after going into contract within a short time, at or near a price that failed in 2009. Today’s’ example is #5G at…
Tagged with: Comps, East 29, Empire State, Gilsey, Mint, Neighbor, Nuclear Winter, Renovation, Velocity, View
56 East 11 Street loft was hot in 2005, sold again in 2010
those were the days!When the Manhattan loft on the 8th floor at 56 East 11 Street came to market at $1.899mm way back on November 11, 2004 it was a hot, hot, hot listing, finding a contract within two weeks…
neighboring lofted lofts sell at 12 East 14 Street, 9 East 13 Street
duck, duck … gooseAdding a mezzanine or loft to a Manhattan loft with high ceilings is pretty common. One sale last week at 9 East 13 Street, one in May at (the same coop, different address) 12 East 14 Street,…
sale at 454 West 46 Street strikes an off note, down 5% since 2004
paging Billy Joel August 12, 2004: $1.1mm May 27, 2010: $1.045mm (after "beautifully [sic] renovations") That is a very unhelpful data point for neighboring shareholders. That’s the history of one Manhattan loft in the storied Piano Factory, 454 West 46…
making (no) sense of The Market / what did The Elf buy at 345 West 13 Street?
paging David ByrneIn this episode, Manhattan Loft Guy starts with a celebrity purchase, moans about transactions without brokers, touches on how difficult it can be to compare same-building loft sales, and finally (nearly?) goes bonkers on why ACRIS data sometimes…
55 Liberty Street closes as if 2007, progress of a sort
free at last!The Manhattan (mini) loft #11D at 55 Liberty Street (Liberty Tower) closed last week (May 21) at $602,500, just a rounding error off the last sale price (December 2007) of $590k. Sheesh … another reminder that I need…
price right, sell quick at Ruggles House, 112 East 19 Street
simple rule (hard to apply?)You will be excused if you failed to notice that the Manhattan loft #4R at 112 East 19 Street had been on the market, as it was available for 21 days before finding a buyer on…
62 Orchard Street closes on the button, at the ask
useful comp, no?At the risk of flaunting my ignorance, I am not aware of many true lofts on the Lower East Side, a neighborhood in which the typical (old) housing stock is the tenement. 62 Orchard Street is a true…
Tagged with: 1998, Comps, Halstead, Longandnarrow, Neighbor, Ny Times, Orchard, Orenstein, Pioneer, Renovation
leaving Manhattan for the Vortex of DUMBO lofts, per The Miller
blogger jealousy is ugly (I must resist)There is an amazing post on The Miller’s blog last Friday that is a departure from his usual fare in two ways: it is an anonymous contribution; and it is a very, very…
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