too pushy …?? thread / Soho edition

classic or uber?

These Manhattan loft candidates for the Goldilocks question are Soho neighbors in buildings that could hardly be more different. One is a brand spanking new uber-loft; the other is a classic loft. Let’s play too pushy or just pushy enough??….

The uber-loft is newly for sale above $3,300/ft (I said uber, and I meant it). It was offered for sale pre-constrcution in 2005 and closed in 2007 $1,000/ft less than the current ask.

The classic neighbor is newly offered at about $1,800/ft. It was last sold four years ago (pre-renovation??) for (wait for it) … under $800/ft. (These approximations assume the listing agent’s square footage is correct; city records use a figure that is 80% of the agent’s. In either event, the proportions should be the same.)

Interesting side question to this edition of this thread: will The Market react better in Soho to a brand spanking new uber-loft or to a classic loft? Stay tuned….