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 because it exemplifies the fact that $1,000/ft is not even a baseline for coop values in ‘typical’ Tribeca loft buildings anymore.

The loft is described by a knowledgeable downtown agent in glowing terms, and the pix corroborate the prose. In a remarkably condensed period in 2007 no less than three lofts in this building closed at or above $1,200/ft. The new listing is offered at just a rounding error above $1,000/ft, with the evident expectation of finding a buyer below that former baseline value. Even in Tribeca.