is BIG money back?


or, maybe, it never left

I generally don’t pay much attention to the very top of the Manhattan loft market; indeed, I cap my Master List of loft closings at $5mm. But someone just rubbed my nose with the tip-top loft market, with an email about a broker’s open house tour tomorrow of 10 penthouses downtown.

Most are lofts, most are priced from $13mm to $16mm (one outlier is at $975mm; the other is at $34mm). YIKES

I have no idea if this flurry represents new hope in that veddy veddy small niche, or if there have ‘always’ been multiple lofts closing at this altitude. I am afraid that if I went on this tour I could never look at regular beautiful lofts the same way again….

© Sandy Mattingly 2010

 

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