known unknowns abound I am not unusual in always being interested in the impact that renovation has on value; most people who try to follow a residential real estate niche share that interest. I flatter my niche, perhaps, in thinking…
Tag: 2007
56 Warren Street loft renovation added more value than it cost
Tagged with: 2007, Bathroom, Broker Babble, Comps, Gut, Neighbor, Primitive, Raw, Renovation, Warren
Flower District mini-loft sells above ask but flat to 2007 at 131 West 28 Street
Go To War Week continuesI can never top Shark Week, but this is the third post in a row about a Manhattan loft that sold above asking price. In the other two posts (August 12, from raw to mints, 14…
Tagged with: 2006, 2007, 2011, Daytonian In Manhattan, Floorplan, Froth, Layout, Light, Renovation, West 28
176 Broadway loft finally sells (at $556/ft!)
apparently, buyers prefer windows (go figure) I know of no downtown Manhattan loft building that The Market treats the way it does 176 Broadway. There remains a mystery (to me*) legacy that causes things like this to happen: the “1,906…
255 Hudson Street loft sells 19% below 2007, after 15 months, 9 prices
and now for something completely differentEver get tired of reading about how hot hot hot The Market is? I don’t, but the recent sale of the “1,684 sq ft” Manhattan loft #6A at 255 Hudson Street in “Soho” (I’ve expressed…
Tagged with: 2007, Comps, Discount, Ear Inn, Hudson, Neighbor, Outlier, Price Drops, Rational, Sellers Market
is the hyper-local Manhattan loft market at 80 John Street up more than 5% in a year?
and now for something a little differentAfter looking twice this week at Manhattan lofts that sold high recently after not selling in 2009, the recent sale of the “875 sq ft” mini-loft #14A at 80 John Street (the troubled South…
142 West 26 Street loft epitomizes “loft”, also “bidding war”
(some) details matter If you took a too-quick look at the New York Post’s Just Sold! feature last Thursday, you saw the (yes!) recently sold “1,700 sq ft” Manhattan loft #12B at 142 West 26 Street at kind of…
Tagged with: 2007, Bathroom, Bidding War, Kitchen, Light, Renovation, Skylight, Volume, West 26, Windows
another irrational sales sequence, as 250 Mercer Street mini-loft sells up over 2011 …
… down under 2007, with a (cruel) twistIt is a truism that individual sales don’t have to makes sense, even in the rational market of lore and legend. Nor do sequences of sales of individual Manhattan lofts, as like…
Jade loft pod at 16 West 19 Street implies market is up 33% since 2010
it’s true here, but can’t really be trueThis math is true: the “902 sq ft” mini-loft with a pod #5C at 16 West 19 Street (Jade) recently sold for $1.2mm after not selling after having been offered for sale for…
85 Leonard Street loft doesn't quite zoom, but sells above ask
nearly $2mm gain in 4 years The “2,434 sq ft” Manhattan loft on the 4th floor at 85 Leonard Street (the condo name, Kitchen, Montross & Wilcox Store, is a mouthful, explained below) enjoyed an enviable but hardly unique…
Tagged with: 2007, 2009, Ceilings, Layout, Leonard, Longandnarrow, Loss, New Development, Sponsor, Windows
not a seller’s market at 100 Greene Street, as loft sells under 2007 and 2005
neighbors weep I don’t get this one: the same “2,000 sq ft” Manhattan loft in very prime Soho on the 2nd floor of 100 Greene Street that sold for $2.5mm in May 2005 and for $2.633mm in November 2007…
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