Tag: Broker Babble

720 Greenwich Street loft illustrates my ballpark Peak-to-Now

this is what “about 10%” looks likeYou don’t have to be a regular reader of Manhattan Loft Guy to know that The Peak prices in the overall Manhattan residential real estate market were recorded in the First Quarter of 2008,

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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

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“fully renovated” 39 East 12 Street lofts sells at 14% premium to 2010, with pre-2010 renovation

another Jedi mind trick?I pointed out the mind games that broker babble can play with buyers last week in my July 5, did a Jedi mind trick garner 40% premium over 2010 for a small loft at 107 West 25

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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

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100% reno + 24k gold = 27% over 2008 for 16 Hudson Street loft

over the top with some interesting limitations The broker babble for the “1,550 sq ft” Manhattan loft #4B at 16 Hudson Street is just one step shy of babble-porn, with the claim of that it was “100% renovated” and a

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$1,500/ft for 7 Bond Street loft with 4 windows, no bedrooms

The Bond Street effect in actionThe problem for the "1,100 sq ft" Manhattan loft #2D at 7 Bond Street is obvious from the floor plan, and only slightly less obvious from the photos: the four great big windows at the

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what $50,000 worth of mahogany looks like: 260 Park Avenue South loft sells with 30 foot ceilings

for the imagination challenged, an exampleYou have probably never woken up in the middle of the night wondering “what does $50,000 worth of mahogany look like?” but this post will make sure that that never happens to you. The “1,662

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2011 new development loft, nicely flipped at 23% at 16 West 21 Street

take the money and runOne never knows what condo investors plans are, as some people who intend a quick flip end up being constrained by market forces working against them and others who plan on a longer term take opportunistic

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pushing slightly above the ask, as 140 Thompson Street loft sells on non-A.I.R. side of West Broadway Arches

well babbled: “this one is ready to go”Do you notice those lingering listings that have broker babble that has never been edited, such as “priced to sell!!!” or “won’t last!!!”? (The extra exclamation points are for emphasis, I suppose.) After

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spectacular renovation does not prevent 161 West 15 Street loft from closing down 7% since 2006

awkward layout does not help (but did not change)I suspect that there are other people like one set of buyers of mine who really puzzled over the “1,440 sq ft” Manhattan loft #5A at 161 West 15 Street (Jensen-Lewis Building)

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