and not in East VillageCheck out the slide-show associated with the article in today’s NY Times, An East Village Apartment, Sleek and Childproof. Does that look like a "loft" or an "apartment" to you? Yeah, me too: that’s a loft.…
and not in East VillageCheck out the slide-show associated with the article in today’s NY Times, An East Village Apartment, Sleek and Childproof. Does that look like a "loft" or an "apartment" to you? Yeah, me too: that’s a loft.…
comp analysis is screwed, perhapsI have been going back over Manhattan loft closings to update my Master List of loft closings (I have only about 8 weeks of closings left to do … this is hard). [Click here for…
crunched by numbersNot a pretty story reported in The Real Deal (last Friday, on line) about a Manhattan loft developer default, CIT Group sues for $12M at Noho condo site. I don’t have a lot of any experience running numbers…
if you blinked, you missed itThe Manhattan loft on the 3rd floor of 876 Broadway hit the Market on April 26, hard, at $1.995mm. So hard, in fact, that they were in contract five weeks later 2.3% off the ask.…
threading the needle to a quick sale, through the Way Back Machine The Manhattan loft #5G at 260 West Broadway (the American Thread Building) slid through The Market this year, starting on January 8 and finishing on May 6. (Not…
[update: apologies for the weird formatting; I think I fixed most of it] yes, "museum quality" around $1,000/ft, but there’s a larger point, + 2 bromidesWhen I hit the Manhattan loft #2E at 644 Broadway on April 27 (price…
no dithering hereIn the (entirely fictional) Manual of Style for real estate agents, the phrase "museum quality" is used because (I guess) "quadruple mint" just does not zing. (The fact that few people actually want to live in a museum…
the ignominy of losing out to BroadwayNot sure how long this link to a Crain’s Small Business Newsletter (dated Jan 31 but distributed Feb 4) will last, but the gist is that West Broadway as a Soho retail corridor is…
long and hard slog endsThe Manhattan loft Penthouse E at 176 Broadway took ten months but it did close; it also took three price drops from $1.425mm down to $945k, to finally get it done at $850k. Happy New Year…
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