Tag: Beams

5 years later, Tribeca loft adds $1 million to building values

crude measurements of value are still measurements, right? The “2,068 sq ft” Manhattan loft #5S at 459 Washington Street in extreme northwest Tribeca just sold for $3.625mm in a somewhat newsworthy transaction. (“Somewhat newsworthy” in the sense that the Luxury

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500 Greenwich Street loft sale mocks ‘market efficiency’

unique buyers make deals with unique sellers, market trends be damned You can tell pretty easily that the recent sellers of the “3,963 sq ft” Manhattan loft #402 at 500 Greenwich Street were rather disappointed to have sold their oh-so-classic

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before ($1.55mm) + after ($2.935mm) gut renovation of Soho penthouse loft at 8 Greene Street

to create an authentic classic from a near-wreck is not cheap, but it can be profitable Let’s say the interior of the recently sold (at $2.935mm) just-barely-Soho loft on the 6th floor at 8 Greene Street really is “1,700 sq ft”,

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rare small, low-ceiling Tribeca loft sells near $2,000/ft at 355 Greenwich Street

is there a scarcity premium for small lofts in Tribeca? There are not many true lofts in Tribeca around 1,000 sq ft. There are not many true lofts (in Tribeca or elsewhere) with ceilings just over 8 feet ‘tall’. There

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lofts sell by the foot, not by bedrooms, as at 53 N. Moore Street in Tribeca

a serendipitous pair of closings at The North Moore line right up with Theory I’ve had this conversation so many times, about how room count (specifically, bedroom count) is the key to the size (and value) of Manhattan “apartments”, while

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million dollar renovation at 144 West 27th Street?

lovely loft, interesting price above ask, sold by … The recent sale of the “2,400 sq ft” Chelsea loft #7R at 144 West 27 Street at $3.125mm is old news by now to people who follow real estate gossip news (even

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NY Times finds a Broadway chanteuse who loves her Tribeca loft

things Manhattan Loft Guy loves … include loft lovers When the New York Times real estate feature “What I Love” works for me, it stars a celebrity who talks about her home (OK, her loft) and not just her stuff.

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no rational market evident in 708 Greenwich Street loft sale $260k over ask

an ‘efficient’ Manhattan loft market requires more transparency than a bidding war can offer From November 2014 to February 2015 the overall Manhattan residential real estate market was essentially flat, unless you consider a change of .01% to be a significant deviation

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quiet & “quintessential” northwest Tribeca loft in move-in condition sells at $843/ft

… so, of course there’s an explanation (there are hints in the broker babble) The raw numbers associated with the three-week old sale of the Manhattan loft #3W at 466 Washington Street yield a stark equation: “3,500 sq ft” + $2.95mm = $843/ft. There

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whatever an “ungentrified” Manhattan loft is, one at 33 Bleecker Street just got $1,/317ft

breaking barriers in broker babbling about Manhattan lofts since … There’s nothing wrong with calling a Manhattan loft “ungentrified”; it’s just a tad obscure. Does it mean the hipsters haven’t moved in yet? (Probably not.) Does it want to imply

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