straight line gainsThe Manhattan loft #3D at the celebrated 40 Mercer Street sold on April 6, for the third time in its young life. (Does that mean people love it or hate it?) I will explain in a minute why…
straight line gainsThe Manhattan loft #3D at the celebrated 40 Mercer Street sold on April 6, for the third time in its young life. (Does that mean people love it or hate it?) I will explain in a minute why…
can a tragic bargain be a market sale?The spread between the recent full-ask sale of the “1,631 sq ft” Manhattan loft #16H at 252 Seventh Avenue (long-time Manhattan Loft Guy fave, Chelsea Mercantile) and the price at which it was…
no ‘greed’ involvedI hate to use the word “greedy” to describe a seller and an asking price, but you will sometimes see trolls (bitter renters?) on Curbed or StreetEasy describe an asking price that is ‘too high’ that way. But…
up 8% since 2004, howeverHere is another set of data points in search of a coherent narrative, as the same loft has been sold 3 times since 2004, prompting me to play with some numbers in search of some meaning.…
the greying of The Old Grey Lady continuesDo people think that the regular Sunday New York Times real estate section feature Residential Sales Around The Region features recent sales? I bet they do, though to be fair to the Times…
some good news, and some other newsIf you were the seller of the Manhattan loft on the 6th floor of 60 Thomas Street you are pleased to sell at a 21% gain, even if that gain is measured from 2004.…
what a motivated seller looks likeAfter three days in a row of Manhattan Loft Guy posts about loft resales at curiously strong prices, consideration of the March 16 closing of the Manhattan loft #7A at 244 West 23 Street at…
is it the humility, Mars?When the Manhattan loft #4A at 224 West 18 Street (the north front of the Campiello Collection) sold on March 21 for $2.2mm the seller realized a gain of 1.3%, which might not seem like a…
a secret for far too longThe “1,925 sq ft” Manhattan loft on the 4th floor at 39 White Street sold on February 7 for $1.92mm but somebody kept it a secret until the deed was filed on March 26. It’s…
keeping up with the JonesesThe Manhattan loft #5B at 27 Bleecker Street just sold for $625,000 more than the same loft sold for in May 2007. Obviously, The Market liked the renovation done between the two sales, even if the…
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