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 for residential loft living; I hear the retail traffic is pretty good), and it is in your basic no-frills mature coop. Given the velocity with which it sold at the full ask in 2007, none of these location or building factors were negative factors then.

what’s changed?
Newly offered for $1,000/ft.
 
Bet it takes more than 8 weeks this time, despite being in the same condition, location and building as before …
   
© Sandy Mattingly 2009 

 
Tagged with: , , , , ,

Leave a Reply