19 Bond found its lover / in contract in 5 weeks

Unit 2A at 19 Bond Street was new to market in mid-August atabout $1,000/ft, when I asked (Aug 19) Bond, 19 Bond / new loft listing asks “gotlove”?

My comment then was that itsounded like a gut renovation:

 a”quintessential NYC loft” with uber-loft neighbors at #40 and #48.”1,600 sq ft” corner, with 13 foot ceilings, one kitchen and onebath, this can be a “dream home” if only someone brought the “rightamount of love”. Love plus the $1.65mm asking price ($1,019/mo incommon charges and real estate taxes). Sounds like a gut renovationto me….

Whether they need to renovate ornot, someone with the “right amount of love” emerged fairly quickly(an offer was accepted in 2 weeks), but the lawyers (and theholiday? or just ‘stuff’) kept the contract from being signed untillate last week. Still no floor plan, though.

There is no doubt that some buyersare out there, willing and able to sign contracts, despite theliquidity issues and financial market jitters.

(C) Sandy Mattingly2007