Tag: Broker Babble

141 West 17 Street loft seller takes forever to sell at 7% discount

if at first you don’t succeed …?We’ve had two recent posts about rather long marketing campaigns that ended rather badly for the sellers. (November 6, 21 East 22 Street loft sells after long, painful price discovery, and November 10, 59

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renovation after 2007 gets 55 N. Moore Street loft 15% over 2009

will I ever understand this business??There are a great many things I do not understand about the Manhattan residential real estate business, so it is good that I am still (kinda, sorta) young. One of the things I don’t understand

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renowned designer created 'masterpiece' loft for himself at 130 Barrow Street, parts with it for money

can you say sui generis on a real estate blog?If you have ever been in lofts in this building you will not recognize the “704 sq ft” Manhattan loft #309 at 130 Barrow Street, which just sold. Lofts here are

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Bull Moose loft is first post-thaw sale without outdoor space at 42 East 20 Street, up 54%??

it has been a long timeAs my buddy Noah at Urban Digs is fond of pointing out, the ideal way to do comps is to use a recent sale in the same building of a loft of similar scale. That

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for 69 Murray Street loft, The Peak was then, and almost now

off by a rounding errorThe “1,800 sq ft” Manhattan loft on the 8th floor at 69 Murray Street that sold in a very Peak-y sale on January 31, 2008 at $2.275mm just resold in the same condition at $2.25mm. That’s

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heavily discounted 133 Mercer Street loft just couldn’t compete

when bad things happen to good loftsTrust me to explain (below) that the Manhattan loft on the 3rd floor of 133 Mercer Street that just sold for $1.75mm sold off of this listing instead of the 2011 listing that Streeteasy

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quintessential artist loft sells for $1,525/ft at 38 Crosby Street

oh that light!A day after hitting an architect designed Greenwich Village loft that sold under $1,000/ft (September 12, “noted architect” will be disappointed that “incredible” 200 Mercer Street loft went for $939/ft), here is a “2,000 sq ft” Soho “quintessential

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unique loft at 236 West 26 Street bends the market by selling well above comps

the beauty that got awayThe recent sale of the (not really) “1,288 sq ft” Manhattan loft #10SE at 236 West 26 Street in the Chelsea Capitol is both near and dear to my heart (and to one of my buyers) and

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New York Observer observes loft sale at 165 Duane Street but does not like lofts

or follow Manhattan Loft GuyAt least two things did not impress the New York Observer about the recent sale of the “1,550 sq ft” Manhattan loft #3D at 165 Duane Street: that it garnered a gain of only 10% from

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126 West 22 Street loft beats near-Peak, with upgrade

Upgrade Week continues…Ah, the perils of parsing broker babble …. The marketing campaign for the recently sold “2,200 sq ft” Manhattan loft #11N at 126 West 22 Street (Chelsea Flats) is full of upgrade language, some more specific than others,

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