if you blinked, you missed itThe Manhattan loft on the 3rd floor of 876 Broadway hit the Market on April 26, hard, at $1.995mm. So hard, in fact, that they were in contract five weeks later 2.3% off the ask.…
Tag: 2006
876 Broadway comes + goes QUICKLY / knowing what you can get, and getting all of it
Tagged with: 2006, broadway, Ceilings, Comp, East 18, East 19, Feet, Mezzanine, Renovation, Square Feet
Porter House loft may be “beyond the beyond” but sells off a million, up 40% or down 25%
context tells the story, but what’s the context?The Manhattan loft #3W at 66 Ninth Avenue (The Porter House) was marketed very enthusiastically at prices The Market was not ready for. It cleared on June 23 at $2.15mm, which is a…
Tagged with: 2003, 2006, 2007, Cantilever, Competition, Meatpacking, Neighbor, Neighbors, Ninth, Porter
buying high, selling low (ouch) at 114 Spring Street
this one is difficult to fathom, my promise notwithstandingThe Manhattan loft #2 at 114 Spring Street has (and has had) a lot to recommend it: prime Soho location, "1,900 sq ft", 12 foot barrel-vaulted ceilings, bright lights and cast-iron views,…
Tagged with: 2005, 2006, Barrel Vault, Ceiling, Closed, Discount, Price Drop, Renovation, Resale, Spring
2006 + 30% = 2009? (or not)
pushy, pushyHaving visited both 2006 and Franklin Street in Tribeca on Wednesday (Aug 5, 155 Franklin Street crashes past 2006 to close up 28% (since 2000)), a Manhattan loft that sold more than 3 years ago around $850/ft caught my…
155 Franklin Street crashes past 2006 to close up 28% (since 2000)
off a million, or soThe Manhattan loft #3S at 155 Franklin Street (the Sugar Loaf) was one of only five lofts in Tribeca that closed in June, per recent articles in The Real Deal Trouble in Tribeca. For a seller…
Tagged with: 2000, 2006, Beams, Bidding War, Cast Iron, Columns, Franklin, Joists, Price Drop, Sugar Loaf
does not compute / 2007 + 10% = no sale?
will aggression be rewarded? (you can guess)A not-quite-recent new listing of a Manhattan loft caught my eye because it is in a building in which i have recently looked at a recent sale compared to past sales, and found a…
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…
“absolute showplace” at 113 Greene Street in Soho goes for $918/ft (absolutely)
adding value did not increase price (much)The Manhattan loft on the 4th floor of 113 Greene Street has sold twice in the last four years, in nice before-and-after fashion. Yes, "before" The Market changed (Lehman, AIG and all that other…
Tagged with: 2006, Ceilings, Classic, Closed, Greene, Light, Longandnarrow, Price Drop, Renovation, Windows
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
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