how do you spell O – U – C – H ?It is fair to assume that the sellers of the Manhattan loft on the 3rd floor at 50 Warren Street were quite frustrated with how … realistic … they…
Tag: 2005
50 Warren Street closes, off 45% from original ask + 14% off 2005 price
Tagged with: 2005, Chambers, Discount, Long And Narrow, Negotiation, Price Drop, Sothebys, Square Feet, Warren
will pricing 25% below 2007 hit The Market in a sweet spot?
will a modest asking price be rewarded?There’s a lovely Manhattan loft newly offered for sale at about 15% above where it was bought brand new 4+ years ago. Why do I think this is a modest asking price? Neighbors downstairs…
shorn but sold at 109 Greene Street
doing what you have to doThe Manhattan loft #2B at 109 Greene Street has sold three times since it was brand spanking new in 2005. This is going to get bumpy, but let’s get out some facts (closing dates and…
73 Worth Street closes by biting a very large bullet in one bite
did I say "large"?I wish I had a transcript for the negotiating that resulted in the June 12 closing of the Manhattan loft #4B at 73 Worth Street. The ‘simple’ facts are that it had been asking $3.2mm and the…
4 months to close, 4 years to zero out at 260 West Broadway
threading the needle to a quick sale, through the Way Back Machine The Manhattan loft #5G at 260 West Broadway (the American Thread Building) slid through The Market this year, starting on January 8 and finishing on May 6. (Not…
Tagged with: 2005, American Thread, broadway, Hudson, Light, Negotiation, Square Feet, Views, West Broadway
at 65 West 13 Street, 3 years = off $20,000, but last year …?
how they could they not regret?If you drew a line between the fair market value of the Manhattan loft #8D at 65 West 13 Street (The Greenwich Condominium) from the sale in May 2006 at $2.22mm and the sale in…
4 years = $15,000 at 477 Broome Street
same story, different yearThe Manhattan loft #33 at 477 Broome Street recently delivered a new data point, with history:April 12, 2005 = $950kApril 29, 2009 = $965k This history nearly precisely parallels the 2006-2009 history of a loft profiled a…
Tagged with: 2005, 2006, Broadway Panhandler, Broome, Columns, Elevator, Park Avenue South, Tin Ceilings, Walkup
into the way-back machine to close at 42 East 20 Street, down seven figures
not bullish at allThe bloom is definitely off the bull at 42 East 20 Street, a/k/a the Bullmoose Condominium, which was a huge success in the wave of Manhattan loft conversions in 2003. Another candidate for how the mighty have…
pretty efficient (depressed) market at 505 Greenwich Street as both 6F and 7F sell, off 25%
compare and contrast, upstairs and down, now and thenHere’s another take on the theme of my neighborly competition thread (more links below): two all-but-identical Manhattan lofts at 505 Greenwich Street had overlapping marketing histories, prices and success, suggesting that even…
497 Greenwich Street sale was off a low ball?
Page Six thinks so The Manhattan loft #7A at 497 Greenwich Street closed on April 16, just less than a month after going to contract. Not many Manhattan residential real estate agents make Page Six (I hope), but that…
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