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…
Tag: 2009
NY Post “Just Sold” loft at 7 Worth Street was a Manhattan Loft Guy hit on December 21
anybody read The Post?Yesterday’s typical “Just sold!” Thursday feature in the Real Estate section of the New York Post (a feature with this promising sub-head: “The latest info about recent sales — in your back yard and beyond”) included a…
345 West 13 Street loft is candidate for sale of the year, but the year was 2009
[oops — left off the title for 45 minutes]December 2010 sale was pretty sweet, howeverIt seems like only yesterday that I was wondering whether a Manhattan loft that sold above ask after having been on the market forever was…
Tagged with: 1999, 2005, 2009, Distress Sale, Fair Market Value, Hudson, Lehman, Meatpacking, Nuclear Winter, Panic
modesty (again) rewarded / 5 weeks to contract at 55 Hudson Street
pricing like it’s 2006The Manhattan loft 55 Hudson Street #3A was marketed modestly: the broker babble is plain about its limitations (“open loft plan”, “perfect home for the person with his/her own design in mind”, “needs a little TLC”, only…
11 West 20 Street loft zooms through market, beats higher floor
it’s the renovation, MarsIf you blinked in June, you missed the Manhattan loft on the 5th floor of 11 West 20 Street. This "2,205 sq ft" full floor condo loft came to market on June 2 and was in contract…
Tagged with: 2006, 2009, Barrel Vault, Competition, Comps, Discount, Longandnarrow, Neighbor, Renovation, West 20
asking $1.495mm did not work for 148 West 23 Street loft, but asking $1.575mm did
can’t (really) blame the calendarI’ve talked before about lofts that did not sell during the nuclear winter of Manhattan real estate that followed the Lehman bankruptcy (two years ago next week!), but the recent sale of the combined Manhattan loft…
Tagged with: 2008, 2009, Asking Price, Duplex, Efficient Market, Garden, Lehman, Nuclear Winter, Renovation, West 23
Chelsea House kinda sorta holds its own, reveals Truths in The Market
more or lessThe Manhattan "loft" #8D at 130 West 19 Street, Chelsea House, closed on June 18 at $1.51mm, down 6% from its last clearing price three years ago. If you are familiar with my post comparing lofts that sold…
Tagged with: 2006, 2007, 2009, Chelsea House, Competition, Comps, Neighbor, New Development, Nuclear Winter, West 19
the very first Second Quarter Manhattan real estate market report numbers out
ahead of The Times, with what, exactly?As we are counting down to the last days of the Second Quarter, the number crunchers at Miller Samuel, Terra, Corcoran and elsewhere are in their counting houses, counting up their sales. Traditionally, the…
Tagged with: 2009, Ny Times, Quarterly Report, Second Quarter, Transactions, Volume, Wall Street, Wsj
ups and downs at One York / recent sale off 7% since 2008
(a) lower, higher, then lower, all at very high levelsThe blogosphere just loves a $24 million dollar Manhattan loft, so the news that the Penthouse at One York Street closed last week for $23,689,586 made quite a splash on Curbed…
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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