Tag: 2007

170 Fifth Avenue closes AT 2007 (maybe)

isn’t that cool?There have been a series of Manhattan Loft Guy posts of late comparing 2009 clearing prices to 2005, or other prior sales. (This July 29 post canvassed quite a few, attack of the Killer Comp (when 2005 pricing

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2005 + 10%? that might work

There’s a lovely square loft newly available for sale in a prime Manhattan loft area that is asking about 10% more than the clearing price when it sold in June 2005. I think this is likely to be close enough

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they gave the roof away to close the 158 West 23 Street penthouse

very, very, very weakThe Manhattan loft conversion at 158 West 23 Street started marketing in mid-2007, offering floor-through lofts of "1,865 sq ft" that were offered as open spaces with full kitchens and (usually) (only) 1.5 baths. I.e., not exactly

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why isn't a Tribeca premium renovation worth at least 250/ft?

a distraction?You’d think that a stem-to-stern high quality renovation of a Manhattan loft would both (a) cost and (b) be worth at least $250/ft, wouldn’t you? There is a loft in prime Tribeca that was gutted after being purchased in

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big loft, big roof / 43 East 19 Street penthouse closes under $4mm for (maybe) 4,100 sq ft + 2,050 sq ft terrace

condition is a question, size a smaller questionThe Manhattan loft #8 at 43 East 19 Street is a lot of loft: "4,100 gross SF per floor" plus a huge terrace (half the size of a full floor, at "2,050 sq

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dropping $2mm to make an un-lofty sale at 175 Sullivan Street

  back story tells the story Officially, the Manhattan "loft" #4A at 175 Sullivan Street was on the market only since January 2009 ("starting" at $3.25mm) before closing on June 16 at $2.65mm — an apparent 18% discount. But the

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107 West 25 Street buyer discerns deal 15% off list, sits in lap of luxury

  new times, new values The Manhattan loft #5B at 107 West 25 Street closed on June 25 (the deed was just filed last week), the first loft to sell in this small building since 2007. Please raise your hand

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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

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will pricing 25% below 2007 hit The Market in a sweet spot?

will a modest asking price be rewarded?There’s a lovely Manhattan loft newly offered for sale at about 15% above where it was bought brand new 4+ years ago. Why do I think this is a modest asking price? Neighbors downstairs

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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

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