Tag: broadway

memo to NY Times: that's a “loft”, not an “apartment”

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.

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'tis a puzzlement / moving upstairs at 644 Broadway

  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

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loft developer in default at 654 Broadway

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

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876 Broadway comes + goes QUICKLY / knowing what you can get, and getting all of it

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.

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4 months to close, 4 years to zero out at 260 West Broadway

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

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644 Broadway loved that first bidder: sells within 15 weeks, contract in 6, 1 price, 14% discount

  [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

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price of 'museum quality' in Noho = $1,000/ft / 644 Broadway closes quickly

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

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99 cent pricing on eBay leads to $400/ft under-pricing by FSBO loft seller in Noho

  ‘interesting’ times call for interesting measures? I came across a FSBO loft listing on NYTimes.com this week for 718 Broadway #6B, which at that time was asking a rather conventional $1.295mm for about "1,400 sq ft". It caught my

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the worm turns, as West Broadway now wishes it were more popular

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

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176 Broadway has a closing 40% off the original price

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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