the Berke premium growsOf course we have been on Bond Street before, talking about how that small stretch of Noho has taken off after just two new residential loft uber-condo developments (starting with my November 1, 2007, re-setting values at…
Tag: 2008
man takes small nip at big dog: 48 Bond Street loft resells 41% above 2008
not so unusual, except for scaleThe last few resales at the Deborah Berke designed oh-so-successful 2008 new development 48 Bond Street have been above their 2008 prices, so it is not is so unusual that the “1,551 sq ft” Manhattan…
233 West 26 Street loft closes up 13% over 2008 (!) but down 6% since 2006 (!!)
‘tis a puzzlementThe last three times the “1,450 sq ft” duplex Manhattan loft #1E at 233 West 26 Street sold, the clearing prices from bottom to top were $1.33mm, $1.25mm, and $1.11mm. The dates from old to new were January…
resale at The Cammeyer is up 5% over 2008, but at a cost
a long time flippingThe Manhattan residential loft conversion at 650 Sixth Avenue (on the Flatiron side of the old Ladies Mile) has been such a bumpy condominium that the sponsor is still selling units, 4 ½ years after the first…
Tagged with: 2008, Church, Flatiron, Flip, Kitchen, Ladies Mile, New Development, Nightclub, Sixth, View
neighbor bails out neighbor at 52 West 22 Street in first resale at Paper Factory lofts
a good deed, rewardedIt has been a while since I looked at the neighbor-on-neighbor action involved when kinda one wants to sell and another sorta wants to buy. In today’s episode, the owner of the “1,048 sq ft” Manhattan loft…
Tagged with: 2008, Extortion, Flatiron, Layout, Neighbor, New Development, Paper Factory, Terrace, West 22
415 Greenwich Street loft resale clobbers sponsor at Tribeca Summit, nears record
this may stingThe recent sellers of the “2,318 sq ft” Manhattan loft #3A at 415 Greenwich Street in the 2008 new development Tribeca Summit must have been paying attention. They no doubt noted the two most recent sales in the…
Tagged with: 2008, Comps, Greenwich, Neihgbor, New Development, Rational, Record, Sponsor, Tribeca Summit, Upgrades
8 Warren Street loft buyer completes 2nd floor set at record prices
2011 at $1,302/ft, 2012 at $1,395/ft, with (probably) no change in market conditionsThere is a very simple reason the “1,932 sq ft” Manhattan loft #2E at 8 Warren Street (Trinity Stewart Condominium) sold quickly at the full asking price, and…
Tagged with: 2008, Coms, Extortion, Neighbor, New Development, Next Door, Resale, Trinity Stewart, Unique, Warren
100% reno + 24k gold = 27% over 2008 for 16 Hudson Street loft
over the top with some interesting limitations The broker babble for the “1,550 sq ft” Manhattan loft #4B at 16 Hudson Street is just one step shy of babble-porn, with the claim of that it was “100% renovated” and a…
Tagged with: 2008, Broker Babble, Chrysler, Gold, Hudson, Met Life, One Bed Wonder, Peak, Renovation, View
Sunday driving: down memory lane for October 2008 predictions about New York real estate
not quite all of the usual suspectsKeeping up the lighter weekend fare, while staying away from the bread and butter of closed Manhattan loft sales for another post, I came across a piece from the New York Daily News with…
Tagged with: 2008, Cheap Shot, Diversion, Lehman, Nuclear Winter, Ny Daily News, Peak, Predictions, Trump
more developer's remorse: scooped by Curbed over 246 West 17 Street loft resale +89% in 3 years
no blogger’s remorse, howeverHow’s this for a Bright Shiny Object? The “1,717 sq ft” Manhattan loft (with a “321 sq ft” terrace) #1C at 246 West 17 Street recently sold at $2.55mm after having been sold in 2009 by the…
Tagged with: 2008, 2009, Bottom Feeding, Contract, Discount, Down Payment, Haircut, New Development, Sponsor, West 17
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