as penthouse week continues…Finally a penthouse loft sale with enough building comps to attempt to estimate the premium paid for private outdoor space! The Manhattan loft #6E at16 Hudson Street sold pretty quickly on August 31: came to market on…
Tag: 2007
maple beats oak, handily, and 9th beats 10th, as 21 East 22 Street loft close up 26% since 2007
neighbor, not so handyFor fans of neighbor-on-neighbor competition, it does not get much better than this. Two Manhattan lofts with identical footprints that share a ceiling/floor come to market in “stunning” condition or better within a few weeks of each…
Infinity Flats loft needs ultra refinishing to break even since 2007
but out-performing 2010 resalesI noted a week ago one new development in which at least one resale was a positive outlier (July 30, why did 263 Ninth Avenue loft resale kick some serious butt?). Every coin has two sides, and…
does a $300,000 silver kitchen account for a Peak+10% gain at 889 Broadway?
probably not, but look at gain since 2007The “2,400 sq ft” Manhattan loft #3A at 889 Broadway (Gorham Mfg Co Building) sold on June 28 for $2.95mm with some exuberant broker babble. Since the loft was purchased by these recent…
45 Lispenard loft sale meets the past from the other direction
score one for The New York ObserverNetiquette requires that I note a factually correct Manhattan loft sale catch by The New York Observer, having snarked on their sorry ass ‘fact-checking’ only yesterday. Whatever ACRIS filters they use, they again beat…
one Downtown by Starck loft pulls head above water, up 9% since 2006, another is down 4% since 2007
it gets complicated When the Manhattan mini-loft #2828 at 15 Broad Street in the uber-conversion modestly known as Downtown By Philippe Starck sold on May for $615,566, that seller realized a (gross) gain of $50,438 over the purchase from the…
thinking better of the price increase, 34 Laight Street loft sells
odd way to signal negotiabilityThe Manhattan loft on the 2nd floor of 34 Laight Street has a listing history you don’t see every day: to market at $1.895mm on November 5, price increase to $2.1mm on January 7, contract by…
Tagged with: 2007, Elevator, Holland Tunnel, Laight, Longandnarrow, Price Increase, Primitive, Sinatra
120 West 20 Street loft sells off 7.2% since 2007
2007 seller took all the profitI have been meaning for a while to write about the Manhattan loft on the 3rd floor at 120 West 20 Street that sold on March 30 for $1.46mm, but not because that trade was…
Tagged with: 1993, 2001, 2005, 2007, Brick, Longandnarrow, Mirror, Quintessential, Renovation, West 20
808 Broadway penthouse loft lost 15% of value since 2007
dramatically different dynamics result in regressionWhen the duplex Manhattan loft with private roof deck #PH-C at 808 Broadway sold on October 1, 2007 it was the belle of its ball, sparking a bidding war to close at $1,987,000, a 5%…
Tagged with: 2005, 2007, broadway, Ceilings, Cooper Square, Lofted, Nursery, Outdoor Space, Rental, Renwick
111 Fourth Avenue lofted loft gains 12% since 2007 sale
if you build it (up), they will comeOffhand, I can’t recall a more bullish Manhattan loft resale than that of #6B at 111 Fourth Avenue, which closed on April 7 at $750,000 after having been purchased on October 27, 2007…
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