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…
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…
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…
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…
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…
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…
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…
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…
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…
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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