provocative price does its job: generates a feeding frenzy Let’s start (uncharacteristically) with the main point: it’s not that the “2,500 sq ft” Manhattan loft on the 7th floor at 710 Broadway sold quickly for a lot of money, it’s…
Tag: Aphorism
lots of reasons loft at 710 Broadway sold 30% over ask
Tagged with: Aphorism, Bidding War, broadway, Long And Narrow, Noho, Nyu, rational market, Vaulted Ceilings, Volume
motivated Chelsea House seller holds firm after 10 prices in 4 months
every Manhattan loft seller has a limit One way to determine if an-owner-with-a-listing really really really wants to be a “seller” is the degree to which the seller owner is willing to drop the asking price in response to market…
Tagged with: Aphorism, Broker Babble, Competition, Comps, Efficient Market, Floor Plan, Layout, Motivated Seller, Neighbor, rational market
were sellers of 21 Astor Place loft more motivated this year, or was market stronger than in 2011?
the numbers say there is a story, but not what the story isThe sellers of the “1,436 sq ft” Manhattan loft #10A at 21 Astor Place gave it a long shot last year, asking $2.25mm almost six months before taking…
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