where the rubber meets the road, buyers can get hurtThe recent sale of the “1,100 sq ft” Manhattan loft on the 4th floor of 19 Hubert Street is the canary in the coal mine only for Tribeca small loft buyers…
Tag: Broker Babble
scary sale of small loft at 19 Hubert Street
Tagged with: Bidding War, Brick, Broker Babble, Charm, Greenwich, Hubert, Primitive, Renovation, River, Window
132 Duane Street loft improves on mint, doesn't quite triple in value
to each his ownWe are going to play with some sets of triple numbers here. The “2,300 sq ft” Manhattan loft on the 3rd floor at 132 Duane Street that recently sold for $3.4mm has now sold 4 times…
another irrational sales sequence, as 250 Mercer Street mini-loft sells up over 2011 …
… down under 2007, with a (cruel) twistIt is a truism that individual sales don’t have to makes sense, even in the rational market of lore and legend. Nor do sequences of sales of individual Manhattan lofts, as like…
market different in 1Q13 over 4Q12, says 107 West 25 Street loft, sold after (unnecessary?) price drop
don’t question what worksCouple of things about the “1,475 sq ft” Manhattan loft (with “500 sq ft” terrace) #2B at 107 West 25 Street that recently sold for $1.785mm: it did not sell during the last quarter of 2012 from…
Tagged with: Broker Babble, Discount, Floor Plan, Flower District, Garment Center, Kitchen, Layout, Rational, Terrrace, West 25
9 Murray Street loft takes 5 months, 3 prices to sell
alert the media!My last 3 substantive (loft-y) posts involved lofts that sold quickly with strong prices. Of course, they fit the current conventional wisdom about the market. But not all lofts are above average, to go Keillor on ya. Since…
Tagged with: 2008, 2011, Broker Babble, Ceiling, Comps, Discount, Kitchen, Longandnarrow, Murray, Windows
112 Hudson Street loft zooms through market above ask
another oneI can’t tell from my notes and calendar why my buyer client around $1.5mm never got to see the “1,103 sq ft” Manhattan loft in prime Tribeca on the 4th floor at 112 Hudson Street, but the sellers…
did 11 Lispenard Street loft (Tribeca) sell because close to Soho?
interesting (truthful) marketing angleThe “1,782 sq ft” Manhattan loft on the 5th floor at 11 Lispenard Street is so solidly “Tribeca” that it is one short block west of the original Triangle Below Canal block (more on that, below*). Yet…
Tagged with: 2010, Broker Babble, Cash, Classic, Layout, Lispenard, Longandnarrow, Renovation, Soho, Windows
45 Lispenard Street loft takes a year to sell at small discount to ask, 11% premium over Peak
‘tis a puzzlement The Market just loved the “1,800 sq ft” Manhattan loft #5E at 45 Lispenard Street, as we see from the fact that it sold on April 25 at $2.2mm after selling at near-Peak for just $1,988,500.…
Tagged with: Bidding War, Broker Babble, Discount, Empire State Building, Layout, Lispenard, Rational, Square, Views, Windows
disappointed seller of 121 West 20 Street loft accepts 25% below first ask
many numbers, just one sale Facts are, of course, facts: the “1,875 sq ft” Manhattan loft #2A at 121 West 20 Street was sold on March 20 at $2.55mm by the guy who bought it 7 years later for…
playing the Euro card to great effect, 66 Ninth Avenue loft sells 31% over near-Peak
pretty extreme bang for buck The facts are that the “1,735 sq ft” Manhattan loft #4W at 66 Ninth Avenue (in the old part of the Porter House) sold or $2,787,500 on July 3, 2008 and was just resold…
Tagged with: Broker Babble, Comps, Floors, Meatpacking, Neighbor, Ninth, Peak, Porter House, Upgrades, Windows
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