talk about missing The Peak!With the recent clearing price of the “3,600 sq ft” Manhattan loft dubbed #PH at 114 West 27 Street just clearing $1,000/ft at $3.75mm, there is a way to squint at the sale and the “2,500…
Tag: 2007
114 West 27 Street penthouse loft sells at $1,041/ft with unlimited potential (+ free roof?)
Tagged with: 2007, Architect, Chelsea, Comps Neighbor, Dark Room, Miller, Penthouse, Renovation, Roof Deck, West 27
150 Nassau Street loft sells for building record
becoming a Manhattan Loft Guy faveBy the tiniest of margins, the recent sale of the “1,793 sq ft” Manhattan loft #13C at 150 Nassau Street set a new high on a dollar-per-foot basis for this handsome building. It is a…
130 West 17 Street loft flies through market, beating (my) expectations
… and sometimes the bear gets youHave I mentioned recently that comping is hard? Or that (prospective) valuations are matters of opinion? (As are, in fact, sale prices, but at least with those you have two people agree.) When my…
nightmare scenario for lofts at 7 East 13 Street, as New School construction allegedly destroys building
another small building risk, embodiedWhat if you paid $8mm for two Manhattan lofts in a new 7-unit condo conversion in 2007 and with a 16-story university building under construction next door, found that the building was settling and your walls…
Tagged with: 2007, Construction, East 13, Fifth, Greenwich, Lawsuit, New Development, New School, Small Building Risk, Zinc
back story on celebrity Noho loft purchase at 10 Bleecker Street is about the sellers
numbers v. namesThe big story in this report in The Observer last week about the sale of the “2,500 sq ft” Manhattan loft #3A at 10 Bleecker Street (aka “#3F”) for the full-ask $3.25mm was the identity of the celebrity…
Tagged with: 2007, Agency, Babble, Bleecker, Disclosure, Fiduciary, Noho, Renovation, Serial Renovators, Village
strange relo deal gets seller +14% over 2007 tho loft at 356 Broadway worth -8% less
how facts can mis-informIf you were following the hyper-local Manhattan loft market at 356 Broadway in east Tribeca, you would have had a very different view of that market toward the end of 2011 than you would now. How different…
Tagged with: 2007, Arms Length, Bizarre, broadway, Deed Record, Mezzanine, Outdoor Space, Paired Resale, Relocation, Roof Deck
150 Nassau Street mini-loft sells at about 2004 pricing
off 14% from 2007, 9% from 2005You know that I love to talk about where a recent loft sale fits on the calendar, meaning whether a recent loft sale was at par with a past resale in, for example, 2007.…
transformed 7 Bond Street loft sells 8% above 2007
“Words cannot fully describe the beauty …” beats “beautifully renovated” by how much?Inquiring minds want to know the details of the work that was done to the “1,200 sq ft” Manhattan loft #4A at 7 Bond Street before it was…
Tagged with: 2007, Bond, Combination, East 17, Miller, Ny Times, Paired Resale, Penthouse, Renovation, Vtoy
primitive loft at 16 Crosby Street sells above ask under $900/ft
was it the (lack of) maintenance?The “2,700 sq ft” Manhattan loft #2F at 16 Crosby Street was available for only a short time, coming to market on July 15 at $2.35mm, going to contract by August 8, and closing on…
Tagged with: 2007, Comps, Crosby, Lofted, Maintenance, Neighbor, Primitive, Renovation, Rental, Soho
67 Hudson Street loft closes off 9% from 2005, with long history
was it shy about the loss?The sale of the “1,000 sq ft” Manhattan loft #3D at 67 Hudson Street is not new news, as the sale was way back on May 31. Nor was it new news when the deed…
Tagged with: 1997, 2005, 2007, Basketball, Foreclosure, Hudson, Neighbor Comps, Paired Resale, Rational, Renovation
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