this is old, but so am IYou don’t have to be a long-time reader of manhattan Loft Guy to know I have a thing for The Appraiser Who Must Be Named, aka the appraiser who must be named The Miller…
Category: manhattan real estate business
bromancing The Miller: squiggly chart explains (not quite) everything about Manhattan real estate trends
Tagged with: Chart, Credit, Curbed, Inventory, Miller, New Devleopment, Nuclear Winter, Peak, Thaw, Trends
Sunday driving: down memory lane for October 2008 predictions about New York real estate
not quite all of the usual suspectsKeeping up the lighter weekend fare, while staying away from the bread and butter of closed Manhattan loft sales for another post, I came across a piece from the New York Daily News with…
Tagged with: 2008, Cheap Shot, Diversion, Lehman, Nuclear Winter, Ny Daily News, Peak, Predictions, Trump
how to make sense of 475 Broadway loft sale, at $1,280/ft or $1,608/ft??
caution: rant is comingYou don’t need to know how big a Manhattan loft is to put a sale in the context of sales in the same building (assuming same footprints, of course), but it is very difficult to do a…
Tagged with: broadway, Condo Declaration, Jospeh Pell Lombardi, Offering Plan, Rant, Rebny, Square Feet, Standards
a troubling line potential sellers hear from agents all the time
having nothing to do with pajamas (really)The Real Deal has a puff piece in the June issue that was featured on their web page last week, Doing deals in pajamas, that has a dog-bites-man ‘news’ quality about it that is…
Tagged with: Agency, Cobrokering, Commission, Conflict Of Interest, Disclosure, Fiduciary, Incentives, Rebny, Sales Fee, The Real Deal
do some seller incentives threaten the buyer
or, can disclosure cure at this level?Not to go full MalcolmBlogger High Road on ya, but I was flabbergasted by a marketing gambit that recently went out through the inter-firm data-base. I am sure it is a legal way to…
Tagged with: Agency, Cobrokering, Commission, Conflict Of Interest, Disclosure, Fiduciary, Incentives, Sales Fee
the Warburg guy wants to take the Dual out of Agency in Manhattan residential real estate
I applaud Fred (if I may be so familiar)Long-time Manhattan Loft Guy readers know that the subject of New York State agency law and required disclosures is near and dear to my heart (links below). Not many agents share that…
“price floors”: the staggering stupidity of some coop boards
a good topic for April foolsIt is not an especially fresh story, but some Manhattan residential real estate stories are timeless in a I can’t believe this comes up again kind of way. The New York Daily News ran a…
nightmare scenario for lofts at 7 East 13 Street, as New School construction allegedly destroys building
another small building risk, embodiedWhat if you paid $8mm for two Manhattan lofts in a new 7-unit condo conversion in 2007 and with a 16-story university building under construction next door, found that the building was settling and your walls…
Tagged with: 2007, Construction, East 13, Fifth, Greenwich, Lawsuit, New Development, New School, Small Building Risk, Zinc
NY Mag goes there: do coop boards reject prices as 'too low'?
real sources, with real storiesI am tempted to try to find that Soho loft that leads the short S.Jhoanna Robledo October 23 piece in New York Magazine that is making the rounds of the blogosphere and twitterverse (The Dealbreakers /…
diligence due + negligence committed as West 15 Street lofts + East 15 Street apartments lose views
NY Times tells tales of intrigue, hubrisTerrific piece by VToy in today’s Sunday real estate section of the New York Times, Is That A Bulldozer I Hear? The subtle take-away is that New York City apartment or loft owners who…
Tagged with: City Council, Community Board, Coop Board, Diligence, East 15, New Development, Ny Times, Views, Vtoy, West 15
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