(more or less)The Manhattan loft 55 East 11 Street #3 just closed (a week ago!) and will eventually be added to my cumulative list of lofts with paired resales (March 5, data dump: 14 Manhattan lofts sold in 2007…
(more or less)The Manhattan loft 55 East 11 Street #3 just closed (a week ago!) and will eventually be added to my cumulative list of lofts with paired resales (March 5, data dump: 14 Manhattan lofts sold in 2007…
[UPDATE 4.12.10: added 7 more! so I also added 2 paragraphs near the end] [UPDATE 3.18.10: added 3 more, all from The Grand Madison, all showing mild declines from the prior sale in 2007] [UPDATE 3.12: I have added…
etymologically speakingThe most interesting thing about the recent sale of 11 West 20 Street #8 is not that this Manhattan loft has been described as "prefect" by one agent and as "stunning" by another yet only sold for $975/ft. The…
or was it more asking fewer western dollars?(This is an extended episode, with many twists and turns; perhaps Manhattan Loft Guy needs an editor.) I can’t say I have seen that many Manhattan lofts marketed with feng shui given…
of course not! (but there’s more)The Manhattan loft #9B at 38 Warren Street (Keystone Building) closed on February 5 at $2.3mm, which at first looked like a healthy-for-2010 $1,152/ft, especially when compared to #8A, which cleared in January 2008…
4 price drops, 49 weeks, blood on the tracksThe Manhattan loft #7H at 22 West 26 Street closed on February 2 at $1.215mm after a rather long slog and a pointed slap from The Market: it was first offered…
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…
The Market has many facesOne of these days I will do a long post about how The (overall) Market is made up of individual transactions that vary widely from The (overall) Market trend. But not today. Today the news is…
don’t worry about the interimThe Manhattan loft #2B at 161 Hudson Street had a pretty good run through the 2009 market, starting at $2.7mm in March, dropping twice in April (to $2.5mm) and closing June 30 at $2.41mm. That quick…
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…
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