when you paid more in 2006I have a fantasy that the seller of the Manhattan loft #6A at 66 Madison Avenue (Madison Parq; how I hate that name!) walked around with sandwich boards that read “motivated seller”, not because (as…
Tag: 2006
66 Madison Avenue loft seller wonders when is a full price deal a cause of regret?
Tagged with: 2006, Babble, Comps, Madison, Madison Parq, Madison Square, Neighbor, Renovation, Shake Shack, Square Feet
Lion's Head loft sale hits the number at 26% over 2006
patience can be over-rated, PrudenceSometimes The Market provides data that show Manhattan loft longitudinal trends in just a few data points. Note that the only meaningful difference between the sales histories of two lofts that sold recently at the Lion’s…
one Downtown by Starck loft pulls head above water, up 9% since 2006, another is down 4% since 2007
it gets complicated When the Manhattan mini-loft #2828 at 15 Broad Street in the uber-conversion modestly known as Downtown By Philippe Starck sold on May for $615,566, that seller realized a (gross) gain of $50,438 over the purchase from the…
11 months to sell 58 Walker Street penthouse loft at (eventually) modest discount
3rd time = charmThe Manhattan loft on the 5th floor at 58 Walker Street had been a serial non-seller until finally selling on May 5 at $2,832,500. It had not sold when offered at $3.5mm (and higher) from July through…
flipped early, Lion’s Head loft later gains only 4.8% since 2006
not much left overThe first re-seller of the Manhattan loft #8D at 121 West 19 Street (the Lion’s Head) soaked up nearly all the appreciation in the unit by flipping in two months in 2006, compared to the July 2006…
resale at 15 East 26 Street is up 16% since The Peak, but there’s a catch
some dates are more important than othersThe ‘simple facts’ are that the Manhattan loft #12C at 15 East 26 Street (the 15 Madison Square North new development from 2008) just sold for $1,501,000 on April 6, which is a significant…
Tagged with: 2006, East 26, Madison Square, New Development, New York Life, Peak, Powder Room, Views
9 Murray Street loft sellers go ka-ching and move to non-loft loft at 4 West 21 Street
I should not take these things personallyManhattan loft snob that I am, I tend to have an irrational sense of regret when loft owners sell a loft to move to an apartment. A ridiculous reaction, even if anyone cared. But…
Tagged with: 2003, 2006, Downsize, Murray, New Development, Nuclear Winter, Renovation, Upsize, West 21, White Box
40 Mercer St loft resale up 13% over 2009 sale, 21% lifetime
straight line gainsThe Manhattan loft #3D at the celebrated 40 Mercer Street sold on April 6, for the third time in its young life. (Does that mean people love it or hate it?) I will explain in a minute why…
28 East 4 Street loft closes up 9% over 2006, at 5% discount to ask
what took so long?Can we agree (just between us) that a Manhattan loft that sells at a 5% discount from first listing price has been priced right? Can we also agree that a Manhattan loft that has not sold or…
stubborn flower district loft seller holds for sale at 133 West 28 Street with rooftop garden
Conventional Wisdom takes another (small) hitWe’ve been here before: sometimes the Conventional Wisdom (“conventional” because it is common; “wisdom” because it is … errr … wise) is wrong. Conventional Wisdom holds that a professional, broadly exposed, marketing campaign of 3…
Tagged with: 2006, Brooklyn, Conventional Wisdom, Floor Plan, Flower District, Roof Deck, Townhouse, West 28
Top
Follow Us!