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…
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2005 wasn't bad, was it?
bet the UnderThere’s a good-sized Manhattan loft in a north Chelsea conversion from earlier this century that sold in August 2005 for $1.575mm. Because they thought that 2008 was not like 2005, they tried to sell about 20% above…
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…
drip, drip … this data point points down from 2007 (way down)
not too pushy (now) but not selling (yet)There’s a Manhattan loft that’s been on the market nearly a year, with a sobering price history. It started this go-round in the Spring around $1,000/ft and has had four drops since then,…
pushed it just enough for contract, eventually
April = then; February = nowI can’t wait to see how this ends, but the listing history of this newly-in-contract, current century, high-end Manhattan loft condo conversion is fascinating enough to warrant a comment even before the clearing price is…
eating crow while getting reamed / Chelsea loft goes to 30% off
oh, to be a fly on the wallImagine, if you will, the following hypothetical dialogue: Owner: "I’d love to sell, what do you think we can get?"Agent: "If we start at $1,750/ft we should get a good deal"O: "Wow! That…
did developer leave a lot of money on the table in 2007?
pushing past the pastThere’s a resale that caught my eye, a new construction Manhattan loft that was marketed in 2006 and closed in 2007. This Tribeca unit closed in the first offering at $1,100/ft after the developer dropped the price…
are they fooling only each other? / 3 neighbors push, 1 smiles
regressing (meanly)I have been following a funky-but-spectacular (in its way) Manhattan loft and — after noting the last price drop (and reading a little frustration between the lines of the marketing text) — I checked on two other units in…
VERY pushy way to (try to) flip a big loft
must be some renovationThere’s a small Manhattan loft condo conversion from last year in which the large full-floor lofts went for about $750/ft (it is not in a traditional loft [fashionable] neighborhood). They had classic loft features and finishes that…
to the West Village to push, or not
listing history can mislead When I looked at the listing history of a (rare) West Village loft new to the Manhattan loft market this week, I thought they were likely to be pushing it at around $1,350/ft, considering it…
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