a happy closing more than a happy birthdayWhen the Manhattan loft #2B at 165 Hudson Street closed on January 20 for $995,000 it had just ‘celebrated’ one of those awkward anniversaries for a residential sale listing, in Manhattan or anywhere:…
Tag: 2006
505 Greenwich Street loft is up 8% since 2004, down 12% since 2006
in which it is better to have been the first owner than the secondEven if I had an easy way to search price histories for Manhattan lofts I don’t think I would find one quite like the zigging and zagging…
buying (+ overpaying) next door at 121 West 19 Street loft (Lion's Head, revisited)
talk about e-x-t-o-r-t-i-o-n!Let’s say you wanted to sell your Manhattan loft for $1.3mm but The Market offered no takers when you offered it publicly from February into July 2010. So you take it off the market, tail between your legs.…
Lion's Head penthouse loft closes out of foreclosure (121 West 19 Street) with a 7-figure bank hit
[with Jan 28 postscript]our long national nightmare is overWith the January 6 sale of #PH-E at 121 West 19 Street (The Lion’s Head) for $2,445,810, the most bizarre and longest-running saga of a Manhattan loft in the tenure of Manhattan…
Tagged with: 2005, 2006, Auction, Bank, Foreclosure, Lien, Lions Head, Lis Pendens, Penthouse, West 19
the difficulty in comping in former new development / the 101 Warren St laboratory
if you look at Then vs. Now, look at Contract Date ThenIt is no secret that in looking at historical data for Manhattan lofts (or other Manhattan coops or condos, generally) that started not too long ago as new developments…
first resale at Bullmoose lofts (42 East 20 Street) since nuclear winter re-sets values
seasons of change, indeedWhen the Manhattan loft #8C at 42 East 20 Street (The Bullmoose) sold on December 22, it was the first sale in the building since 4 sales between April 30 and July 20, 2009 — in the…
Heywood loft sale (263 Ninth Avenue) is candidate for strangest sale of the year
not a winner, yet, except in The MarketHaving just done end-of-year posts of personal and reader favorites from the Manhattan Loft Guy 2010 archive, I suppose it is natural for me to react to an odd listing history by wondering…
Tagged with: 2006, Ceilings, Chelsea Mercantile, Heywood, Housing Authority, Light, New Development, Ninth, View, West 26
modesty (again) rewarded / 5 weeks to contract at 55 Hudson Street
pricing like it’s 2006The Manhattan loft 55 Hudson Street #3A was marketed modestly: the broker babble is plain about its limitations (“open loft plan”, “perfect home for the person with his/her own design in mind”, “needs a little TLC”, only…
pinning a data point: national residential real estate peak was July 2006
all real estate is, indeed, localQuick and dirty post just to establish a baseline …. I came across this Bloomberg news article last week about the national residential real estate market in which an aside caught my attention: National prices…
131 Watts Street penthouse loft asks: if you can’t sell in 2006, 2007, 2008, or 2009 …
… can you sell in 2010?If a Manhattan loft owner tried to sell in each year since 2006 without success until two weeks ago, he deserves ample credit for Trying. But does that credit outweigh the Demerits he earned by…
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