Tag: 1998

price discovery was long + hard for 144 West 27 Street loft with 2 kitchens, 3 dishwashers

what was the plan here?The folks who just sold the “2,850 sq ft” Manhattan loft #4F at 144 West 27 Street seem to have bought it as two lofts in 1998 (for $662,000) yet never got around to (fully) combining

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butter and egg loft at 176 Duane Street sells at $1,889/ft

where is your “prime Tribeca”?You could argue about where the most prime Tribeca micro-nabe is, but ti should not take too long. I can see a case for N. Moore Street or Franklin Street, both between Varick and Hudson, and

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rich sales data / 7 lofts with at least 4 sales

spate of lofts that recently sold for 4th timeWhen I hit the recent sale of #5F at 345 West 13 Street in my January 6, 345 West 13 Street loft is candidate for sale of the year, but the year

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8 Greene Street loft sells like 2005, with bonus square foot rant + some stalking

rich history of appreciation, stuntedIf yesterday’s post showed how tough The Market was in 2009 (it did: ground floor loft at 7 Worth St proves how bad 2009 was), today’s post will show how weak The Market has been compared

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62 Orchard Street closes on the button, at the ask

useful comp, no?At the risk of flaunting my ignorance, I am not aware of many true lofts on the Lower East Side, a neighborhood in which the typical (old) housing stock is the tenement. 62 Orchard Street is a true

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2 cuts (deep), 5 months (short) to contract at Dietz Lantern, 429 Greenwich Street

getting it doneThe Manhattan loft Unit 6B at 429 Greenwich Street, northwest Tribeca’s Dietz Lantern building, closed on December 22 (deed filed January 8) at $2.45mm, the culmination of a fairly serious marketing campaign. They started in May at $2.999mm

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disconnect / sellers struggle to find The Market

The Miller graphs itInteresting graph on yesterday’s Curbed contribution from The Miller, Three Cents Worth: Listing Discount A Spiked Punch . Bottom Line is that what The Miller calls Listing Discount (the gaps between the last listing price and the

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drip, drip, drip in Tribeca / the sound of price dropping (bird NOT chirping?)

  was too pushy, for sure There was a time when some Manhattan lofts were sold as white boxes — minimal finishing to qualify for a Certificate of Occupancy, but no interior walls, probably only one bath, and (often) a

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