Tag: 2007

psst! wanna see a million dollar renovation? 55 East 11 Street just closed

  (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

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data dump: 27 Manhattan lofts sold in 2007 + recently

  [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

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11 West 20 Street sells after fits and starts

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

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was it feng shui that got 45 Crosby Street sold?

  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

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was the terrace free at 38 Warren Street?

  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

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courage punished, not rewarded, as 22 West 26 Street closes off 36% from first ask

  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

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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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64 Grand Street closes UP 12% since 2006

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

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161 Hudson Street closed after 14 weeks, up 33% (since 2004)

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

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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

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