Tag: 2008

55 Liberty Street closes as if 2007, progress of a sort

free at last!The Manhattan (mini) loft #11D at 55 Liberty Street (Liberty Tower) closed last week (May 21) at $602,500, just a rounding error off the last sale price (December 2007) of $590k. Sheesh … another reminder that I need

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price right, sell quick at Ruggles House, 112 East 19 Street

simple rule (hard to apply?)You will be excused if you failed to notice that the Manhattan loft #4R at 112 East 19 Street had been on the market, as it was available for 21 days before finding a buyer on

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29 East 22 Street loft closes off 40%

(from first ask, to last gasp)When the Manhattan loft #5N at 29 East 22 Street came to market in May 2008 at $2.75mm, they did not realize that The Peak was behind them. Painful hindsight 2 years later told them

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flipping (down) at One York / is this the first resale?

the first resale a fire sale?Looks to me as thoughthe Manhattan loft  #4F at 1 York Street (imaginatively known as One York) has been the first to flip, and it was not a happy Ozzie Smith flip. These April 9

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48 Bond Street closes up 400% since 2008, but …

… it does not countI was amused by a four-fold increase in value when I reported on April 16 about a Tribeca loft March 2010 resale (139 Reade St closes up 400%), but that one had last sold in 1994.

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95 Greene Street goes to war, closes up 8%

  prone to reasonable pricingIt looks as thought there was a bidding war when the Manhattan loft #3F at 95 Greene Street sold on April 15 at $1.9mm, since the asking price had been $1.875mm. The loft is said to

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Real Deal does recent paired sales from 2005-08

veddy interesting … but few detailsNo surprise that Manhattan Loft Guy is not the only guy interested in Manhattan real estate recent paired sales. My dump of 27 Manhattan lofts that sold since November 1 and that previously sold in

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42 West 15 St closes where it couldn't in 2008

weird but trueThe most intriguing thing about the recent closing of the Manhattan loft on the 2nd floor at 42 West 15 Street is not that the March 15 clearing price of $1.675mm was $24,000 off of where it previously

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developer takes 27.2% haircut to close 166 Perry Street

did they get bored?The listing histories for the uber-development 166 Perry Street are a little fuzzy. Marketing started in 2007, well before construction was complete. (I wonder if the dominant color on the spreadsheets changed between first marketing and first

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from $1,102/ft to $874/ft at 420 West 25 Street in 3 years

no surpriseUnit #7D at the 2007 Manhattan loft conversion Loft 25 at 420 West 25 Street closed on February 27, 2008 at $1,476,462, from a contract signed in May 2007. This clearing price of $1,102/ft for the "1,339 sq ft"

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