times have changed, got it?Next time someone asks you precisely how The Market has changed, tell them that the hyper-local market at 110 West 25 Street is up more than 15% since 2011, and probably a similar premium over 2012.…
Tag: 2010
did 11 Lispenard Street loft (Tribeca) sell because close to Soho?
interesting (truthful) marketing angleThe “1,782 sq ft” Manhattan loft on the 5th floor at 11 Lispenard Street is so solidly “Tribeca” that it is one short block west of the original Triangle Below Canal block (more on that, below*). Yet…
Tagged with: 2010, Broker Babble, Cash, Classic, Layout, Lispenard, Longandnarrow, Renovation, Soho, Windows
unsold 2010 into 2011, 49 East 21 Street loft sells 18% higher
that was then … There are a variety of ways to show the change in market conditions in the overall Manhattan residential real estate market. Looking at individual downtown Manhattan loft sales as I do nearly every day turns…
Tagged with: 2005, 2010, Bidding War, Broker Babble, Comps, Doorman, East 21, Kitchen, Layout, Neighbor
115 Mercer Street loft could not sell in 2010, sells 16% higher
what a difference 3 years make It is no longer unusual to see this kind of history, but I remain fond of individual lofts that show in hard data how at least their hyper-local market has changed since 2010. In…
Tagged with: 2007, 2010, Comps, Discount, Longandnarrow, Mercer, Neighbor, Neighborly Competition, New Development, Smnall Building
huge renovation premium for (awkward?) 251 West 19 Street that last sold in 2010
market didn’t mind dropping more ceiling The math on the recently resold “1,630 sq ft” Manhattan loft #1D at 251 West 19 Street is pretty impressive: sold on February 27 at $1.76mm after a renovation by the folks who…
elevator does not go to top floor at 258 Broadway, penthouse loft sells anyway (eventually, eventually)
how do you comp a one-flight-up penthouse?There are penthouses, and then there are penthouses. My understanding is that the term originally referred to a residential unit built on the roof, usually having direct (private) access to at least part of…
very valuable terrace boosts 65 N. Moore Street loft sale, though at a loss since 2010
that plan did not work outAs you will see eventually, below, the “1,450 sq ft” duplex true-penthouse Manhattan loft #6A at 65 N. Moore Street just sold at $2.625mm with a huge premium for the (266 sq ft, approximately) terrace.…
renovation premium evident as 720 Greenwich Street lofts sells for 29% over 2010
though extent of renovation is still somewhat unclearThis is how to let the world know the vintage of a renovation used to market a Manhattan loft: “renovated in the last year with …”. No need to worry about what an…
Tagged with: 2009, 2010, Broker Babble, Ceiling, Comps, Greenwich, Kitchen, Neighbor, Renovation, Tin
did a Jedi mind trick garner 40% premium over 2010 for a small loft at 107 West 25 Street?
is your coffee fresh?The recent sale of the “1,100 sq ft” Manhattan loft #2C at 107 West 25 Street, which recently sold (with a “400 sq ft” private terrace) at $1.4mm, involves a deceptively complex tale. The complexity will unfold…
Tagged with: 2007, 2010, Broker Babble, Comps, Jedi Mind Trick, Neighbor, Peak, Rational, Renovation, West 25
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