comps, but no comparison The last time we visited 292 Lafayette Street together there was a somewhat primitive loft with somewhat famous sellers that sold at $1,033/ft. Today’s visit is occasioned by the "1,600 sq ft" Manhattan loft #2E…
Tag: 2008
memory lane: defining “loft” and the 2009 market
FYAToMLG, and FYAToMLG You were warned in my July 4 post that you’ve got a couple of weeks of archived Manhattan Loft Guy material coming up. Today’s a two-fer because once I got into the Manhattan Loft Guy archives…
103 Greene Street penthouse loft takes a (near) million dollar hit to sell below 2008
not everything is flyingThey had a little trouble selling the “2,474 sq ft” penthouse Manhattan loft #7A at 103 Greene Street in prime Soho back in the day, as the near-Peak campaign took 4 months and a big price drop…
Tagged with: 2008, Broker Babble, Greene, Longandnarrow, Outdoor Space, Patient, Peak, Penthouse, Rebny, Square Feet
9 Murray Street loft takes 5 months, 3 prices to sell
alert the media!My last 3 substantive (loft-y) posts involved lofts that sold quickly with strong prices. Of course, they fit the current conventional wisdom about the market. But not all lofts are above average, to go Keillor on ya. Since…
Tagged with: 2008, 2011, Broker Babble, Ceiling, Comps, Discount, Kitchen, Longandnarrow, Murray, Windows
disappointed seller of 121 West 20 Street loft accepts 25% below first ask
many numbers, just one sale Facts are, of course, facts: the “1,875 sq ft” Manhattan loft #2A at 121 West 20 Street was sold on March 20 at $2.55mm by the guy who bought it 7 years later for…
late original buyer at 415 Greenwich Street flips Tribeca Summit loft for fun and profit
nicely played, sir (& madam); nicely played For people with an ‘investment’ approach to Manhattan residential real estate, this is how it’s done: buy at $3.35mm, sell 14 months later at $4.085mm. Everyone would do that if they could,…
Tagged with: 2006, 2008, Comps, Flip, Greenwich, Neighbor, New Development, Risk, Sponsor, Tribeca Summit
99 John Street loft sale is the very picture of motivation in a difficult environment
3 prices in 16 days, at a loss to 2008 buyI find listing histories like that of the “677 sq ft” Manhattan mini-loft #1704 at 99 John Street (99 John Deco Lofts) fascinating. Sometimes a listing history reveals patience (which…
Tagged with: 2008, Competition, Comps, Discount, John, John Deco, Motivation, Neighbor, Sellers Market, Sponsor
caution: use 75 Ludlow Street loft sale as a comp at your own risk
check the dates and namesTechnically, there has been a single resale at this 2008 new development, with the “1,646 sq ft” Manhattan loft #4A at 75 Ludlow Street having sold last month for $1.6mm. The prior sales here were by…
Tagged with: 2008, Arms Length, Comps, Family, Lower East Side, Ludlow, Neighbor, New Development, Private, Streeteasy
106 Duane Street loft sellers built a beauty then aimed at the moon (fell more than 200,000 miles short, alas)
where is it that pride goes?It is hard to imagine how disappointing it must be to renovate a loft beautifully, then find that The Market just doesn’t get it. I present for our consideration (and empathy) the “1,766 sq ft”…
Gansevoort loft at 321 West 13 Street sells for a very high price, but not a record (alas)
it’s been that kind of seasonWhether driven by fear of the 2013 tax man or just by a collection of macro economic factors (ha! January 4, in which Manhattan Loft Guy bravely calls BS on the Market Trend Meme Of…
Tagged with: 2008, Ceiling, Comps, Gansevoort, Greenwich, Kitchen, Neighbor, Record, Views, West Village
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