seasons of change, indeedWhen the Manhattan loft #8C at 42 East 20 Street (The Bullmoose) sold on December 22, it was the first sale in the building since 4 sales between April 30 and July 20, 2009 — in the…
Tag: 2008
loft that missed The Peak at 30 West 15 Street comes back to sell, modestly but successfully
very quiet local market30 West 15 Street is a classic Manhattan loft building of its type: a handsome 12 story building built about 100 years ago with 21 coop units (converted 1980), and a North unit and South unit on…
Tagged with: 2007, 2008, Alchemy, Comps, Empire State, Neighbor, New Development, Peak, Views, West 15
not news, data: Manhattan coops outnumber condos 3:1, but rentals outnumber both 3:1
pinning a Manhattan real estate data point: distribution of housing in ManhattanThat Housing and Vacancy Survey by the U.S. Census Bureau I relied upon yesterday is the source for some simple data nuggets that answer these oft-asked questions: how much…
213 West 23 Street loft takes what the market gives (28% off original ask)
when is a quick sale not a quick sale?To look at the recent marketing history, the Manhattan loft #5N at 213 West 23 Street was a pretty quick sale: to market September 8 at $3.695mm, contract by November 2, sold…
Tagged with: 2005, 2008, Disappointed Seller, Discount, Hiatus, Mcburney, Off The Market, Poster Child, West 23
perfectly terrible storm hit sale of 77 Bleecker Street loft
opera fan or stage fan?Sometimes there is human drama in a dry set of Manhattan real estate purchase-and-sale data. It is difficult for me to look at a two-and-a-half year sequence culminating in the recent sale of the Manhattan loft…
loft at 8-10 Warren Street is first resale of 2008 new development, but is still smiling
against the trendYou might bet that resales would be challenging in an At Peak Manhattan condominium conversion of a real loft building, particularly if you recall the exercise I went through in my March 5 data dump: 27 Manhattan lofts…
the happy (true!) story about that Pearline Soap loft sold at 20% “loss” as massive triplex assembled
not really a loss, but this gets complicatedThe fact that a deed was filed transferring the 2nd floor at 414 Washington Street (Pearline Soap) on October 14 for $3mm the same day the same LLC paid $1.6mm for the 1st…
Tagged with: 2008, Cop, Curbed, Duplex, Laight, Neighbors, New Development, Ny Post, Pearline, Washington
did the Manhattan loft market improve by 15% from November to June? 43 Clarkson Street has 2 data points
one lingered, after drops; the other flew off the shelfEven infrequent Manhattan loft Guy readers know that I love paired loft sales! The October 4 sale of #2B at 43 Clarkson Street was posted the other night on The New…
remarkable patience! 23 months to close 10 White Street loft
sweaters during the nuclear winter?The listing history for the Manhattan loft on the 3rd floor at 10 White Street is unusual because most sellers who came to market when Lehman fell did not stay on the market continuously if they…
22 Mercer Street loft market is VERY efficient (for now)
well, it’s a theoryGenerally speaking, the Manhattan real estate resale market is not terribly efficient, in the economic sense. First, because real time accurate information is not widely held (among other factors: in contract status, actual condition of units); second,…
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