Category: market trends

flipping on your head (ouch) in Chelsea / from 2002 to 2007, returning to 2009 … then 2006 or earlier??

off 10-15%, at leastIt feels as though it has been a while since I posted in the too pushy …? thread but here’s one that reminds me that the thread always had that "?" in it. There’s a Manhattan loft

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chasing a dream or waking up from a bad dream, as they chase The Market down

stepping in a down market, easier said than done, always painfulThere’s a new-ish listing in an architecturally significant Manhattan loft conversion from this century that hit numerous Manhattan Loft Guy buttons: it is (another) one of those eight million stories;

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flipping for fun, not profit, in Soho

is it only ‘triple’ mint if you use more then 3 X’s?Soho doesn’t much more prime than the location of this new-to-market Manhattan loft that has caught my eye. Nor does a listing description get much more enthusiastic than this

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the end of a $1,000/ft baseline for Tribeca coop lofts?

how the mighty have fallen (with details)There’s a very mature central Tribeca coop that has been a Manhattan Loft Guy fave for its rich data, efficient layouts and roof deck, among other reasons. The new listing there caught my eye

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how much pain at River Lofts? done deal (price to come) at 416 Washington Street

still can’t wait, but have to  (sigh)The Manhattan loft #4H at 416 Washington Street (River Lofts) closed last week, with the price to be announced when it hits the public data base. So this is the second post teasing about

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2009 is 2007 (though with opposite trend lines), at least at 6 Varick

one of 8 million stories, but this one is flatThe 6 Varick Street #9B buyers in January 2007 did not stay very long before deciding to put their loft back on the market, in August 2008. Having paid $1.425mm in

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worse than bandages? painful for sellers to rip the calendar

2009 as the new 2005, without the optimismIt is very challenging for most sellers to understand just how much The Market has shifted. Most sellers will acknowledge that they won’t sell now near peak prices, but they are  reluctant to

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321 Greenwich closes at 5% premium over 2006 price

  Tribeca condo loft at $1,000/ft (again) I see that I am becoming somewhat fixated on the calendar — in how This Year’s Market compares to some prior year’s market conditions. I am probably not alone in that regard. Maybe this

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2007 = 2009? Soho sellers hope so

Soho loft sold in 2004 for $750/ft in 2004, then for $1,000/ft in a Manhattan heartbeat in 2007 (8 weeks from listing to closing; those were the days…) while in "triple mint" condition. It is hardly prime Soho (at least

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drip, drip … this data point points down from 2007 (way down)

not too pushy (now) but not selling (yet)There’s a Manhattan loft that’s been on the market nearly a year, with a sobering price history. It started this go-round in the Spring around $1,000/ft and has had four drops since then,

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