Tag: 2006

with 225 Fifth Avenue, now 20 pairs of 2007 sales + recent resales

  quick pointsI noticed today that the Manhattan loft #10A at 225 Fifth Avenue had a deed filed yesterday (some details to follow) and in the course of looking at past history here (The Grand Madison) I discovered that I

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new development limping towards finish line

  will it cross?There’s a new development property that has been offering Manhattan lofts for sale for so long that I used to regularly refer to it when I commented on active listings of other firms. When I noted a

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'tis a puzzlement / moving upstairs at 644 Broadway

  comp analysis is screwed, perhapsI have been going back over Manhattan loft closings to update my Master List of loft closings (I have only about 8 weeks of closings left to do … this is hard). [Click here for

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sign of a thaw? 147 West 22 Street closes up 9% over 2006, 263 Ninth does not

it wasn‘t the renovationThe most astute (anal? persistent??) among the readers of Manhattan Loft Guy may have noticed that I have once again been updating my master list of loft closings, having added a hundred or more in the last

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spectacular restored loft gets 22% haircut, 85 Mercer sells for $937/ft

Word For The Week = "restoration"Last week’s Manhattan Loft Guy fun word was "unspoiled", as in my January 27 "unspoiled" loft at 70 Thomas St sells for $511/ft, about a loft in not-prime Tribeca that needed a lot of work

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NY Times “recent” residential sales? not so much (at 252 Seventh Avenue)

standards at Old Grey Lady go all to hellYou’d think that the regular Sunday real estate feature in the New York Times, Residential Sales Around the Region, would be … you know … "recent", as the sub-head always is: "a

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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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114 East 13 St lofts go 3-for-3 above $1,000/ft

nice streak in this season, but what does it mean?The Manhattan loft #6A at 114 East 13 Street closed on December 15, pretty successfully, at $1.3mm. This "1,200 sq ft" condo loft was offered at $1.395mm since August 24 and

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American Thread loft sells on Groundhog's Day, again

seriously weird, but totally trueThe Manhattan loft #8C at 260 West Broadway (an all-time MLG favorite loft building) closed on December 23. I had to focus really hard to appreciate that the sale was December 23, 2009 rather than another

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new loft price needs to be justified

asking 20% more for 2006 mints??When I first saw the listing description for a Manhattan loft brand new to market (chock full of mints, renovation news, adverbs and adjectives) I assumed that it is priced almost 20% above the 2006

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