compare and contrast, upstairs and down, now and thenHere’s another take on the theme of my neighborly competition thread (more links below): two all-but-identical Manhattan lofts at 505 Greenwich Street had overlapping marketing histories, prices and success, suggesting that even…
Category: market trends
day late and a dollar short (recidivist edition)
chasing The Market southThere’s a Manhattan loft in a prime loft-y neighborhood back on the market recently that could be a poster child for that oh-so-painful process known as Chasing The Market. Here’s the most interesting part of the history: May 2008 offered at $2.195mm July 2008 $1.999mm September…
how to be happy selling for $1mm+ off at 43 West 64 Street
don’t cry for me ArgentinaYou’d be tempted to assume that a Manhattan loft seller with this listing history would not be happy:to market April 28, 2008 at $3.85mmprice drop June 23 to $3.595mmprice drop October 17 to $2.95mmprice drop November…
Tagged with: 1600ft, 2004, Central Park, Conversion, Discount, Kondylis, Negotiation, Views, West 64
flipping over a kitchen?
from top to …. now (counter-intuitive) Can we agree that the peak of The Market was 1Q08? (Maybe not for very single property, I know, but let’s speak generally about that.) Then how to explain this Manhattan loft, newly…
March nugget / PruDE's signed contracts up for month
limited data set, but something Long-time blogger / honest agent Doug Heddings has an interesting slice of current Manhattan coop and condominium market data from PruDE’s signed contracts files for weeks ending from March 6 through April 3. Go…
Then vs. Now / Then wins, I think, even if this one is better
headwinds are strongI worked with someone last year who was sufficiently interested in a particular loft in a prime Manhattan loft area that we saw it three times. That one was an interesting mix (to be charitable) of primitive elements…
another seller who gets it / pricing 7% off 2007
nice try, but enough?There’s a loft newly offered for sale in a Manhattan Loft Guy fave building (value!) that — I think — is taking the right approach to The Market. The 2009 seller was a 2007 buyer, and is…
some sellers are not adapting
2009 does not equal 2007 + renovation + $$$, does it?I was refreshed yesterday to find a Manhattan loft offered at 80% of its 2007 price (some sellers are adapting). Let’s swing the emotional dial the other way for today’s…
Tagged with: None
some sellers are adapting
2009 as 80% of 2007?It was somewhat refreshing to come across a Manhattan loft recently new to market that is priced with The (new) Market in mind. The seller knows exactly what life near the top of The (old) Market…
more angst at $1,000/ft / feels like 2005 in Tribeca as contract (finally) signed
plop plop, fizz fizzI am going to mention this Manhattan loft contract signing while my eyes are still bulging; I will update with a clearing price when (if??) it closes and the price is available. My eyes widened — but…
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