ready for a quiz?If it seems like only yesterday that I hit a sale at the North Moore, you need to slow down. It’s been almost a week since my October 4, massive combined loft sells $65,000 above ask at…
Tag: 2005
53 N. Moore street loft sells up 17% over 2005, only 4% above unsuccessful 2011 price
Tagged with: 2005, Column, Kitchen, Library, Longandnarrow, N Moore, North Moore, Nuclea Winter, Tautology, Volume
playing with 475 Broadway loft comp that is up +58% over 2004
right facts and wrong facts; helpful facts and distractionsI’ve been having a running conversation with a very savvy client about values in Soho, including market trajectory currently and in recorded history. He is wondering about a classic Soho loft that…
loft without walls sells for $1,098/ft at 60 East 13 Street
it is a lifestyle thingFor a loft condominium conversion dating only to 2005, the “2,575 sq ft” Manhattan loft #5E at 60 East 13 Street has an old school look, at least insofar as the (very open) floor plan is…
what has changed at Cobblestone Lofts, 28 Laight Street, since 2005?
warning: no rational market aheadTo answer the headline question quickly (as if there were any mystery to it): nothing significant has changed since 2005 about the new-in-2001 multi-building residential loft conversion known as 28 Laight Street, the Cobblestone Lofts. It…
Tagged with: 2001, 2005, Comps, Floor Plan, Holland Tunnel, Laight, Neighbor, Northwest Tribeca, Proportion, Rational
motivated seller sells classic Soho walk-up loft barely above 2005 at 477 Broome Street
the proof is in the askThe seller of the very well-dressed but also well-staired “982 sq ft”* Manhattan (mini) loft #34 at 477 Broome Street proved she was motivated by asking for a modest premium over the price she paid…
Tagged with: 2001, 2005, Broome, Conventional Wisdom, Discount, Miniloft, Paint, Renovation, Stairs, Walkup
73 Worth Street loft takes a long time to sell above ask
from the annals of (slightly) weirdMost sales that generate a deal above the asking price happen quickly, right? Everyone knows that bit of Conventional Wisdom. Except for the sellers and buyer of the “2,233 sq ft” Manhattan loft #3F at…
Tagged with: 2005, 2009, Bidding War, Comps, Conventional Wisdom, Neighor, New Development, Premium, Upgrades, Worth
changing firms + raising price after 7 months does the trick for 67 East 11 Street cast iron loft
no Virginia, there is no rational market (not here, at least)Fans of the efficient market theory for the Manhattan residential real estate market should be surprised if a loft is offered within $5,000 of its value but takes 7 months…
Tagged with: 1996, 2005, Cast Iron, East 11, Efficient, Floor Plan, Gut, Kitchen, Mezzanine, Renovation
4 prices, 12 months to contract for loft at 315 West 36 Street
contract = best birthday present everThe “1,306 sq ft” Manhattan loft #14B at 315 West 36 Street came to market on October 19 and found a contract by October 14. Since you should assume that I type such dates carefully,…
Tagged with: 2003, 2005, Birthday, Due Diligence, Hotel, New Development, Views, West 36, West 37, White Box
150 Nassau Street mini-loft sells at about 2004 pricing
off 14% from 2007, 9% from 2005You know that I love to talk about where a recent loft sale fits on the calendar, meaning whether a recent loft sale was at par with a past resale in, for example, 2007.…
unrecognizable 505 Greenwich Street loft sells up 44% over 2005, but that's no big deal
not a word you see babbled every dayThey wanted the world to know that the “1,819 sq ft” Manhattan loft #12A at 505 Greenwich Street that just sold has been dramatically changed since it was purchased from the sponsor 6…
Tagged with: 2005, Bathroom, Comps, Greenwich, Neighbor, New Development, One Bed Wonder, Renovation, Sophisticated, Views
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