can a tragic bargain be a market sale?The spread between the recent full-ask sale of the “1,631 sq ft” Manhattan loft #16H at 252 Seventh Avenue (long-time Manhattan Loft Guy fave, Chelsea Mercantile) and the price at which it was…
Tag: Chelsea Mercantile
a penthouse premium + a non-comp loft sale at Chelsea Mercantile, 252 Seventh Avenue
relish one, ignore other When the Manhattan loft #PH-L at 252 Seventh Avenue at the top of the Chelsea Mercantile closed on December 16 at $2.416mm for its “1,510 sq ft”, it continued the high-floor-premium trend at The Merc. When…
Tagged with: Arms Length, Chelsea Mercantile, Comp, Family, High Floor, Merc, Penthouse, Premium, Seventh, View
Heywood loft sale (263 Ninth Avenue) is candidate for strangest sale of the year
not a winner, yet, except in The MarketHaving just done end-of-year posts of personal and reader favorites from the Manhattan Loft Guy 2010 archive, I suppose it is natural for me to react to an odd listing history by wondering…
Tagged with: 2006, Ceilings, Chelsea Mercantile, Heywood, Housing Authority, Light, New Development, Ninth, View, West 26
both 245 + 252 Seventh Avenue sell under $1,000/ft, for different reasons
Schwarzenegger + DeVito style ‘twins’Two Manhattan lofts across Seventh Avenue from each other along West 24 Street closed on March 23. Both are said to be just over 2,250 sq ft, neither has much of a view, both cleared just…
NY Times “recent” residential sales? not so much (at 252 Seventh Avenue)
standards at Old Grey Lady go all to hellYou’d think that the regular Sunday real estate feature in the New York Times, Residential Sales Around the Region, would be … you know … "recent", as the sub-head always is: "a…
Tagged with: 2005, 2006, Chelsea Mercantile, Closed, Contract, Ny Times, Price Drop, Price Increase, Seventh Avenue
is Chelsea Mercantile off 25% since 2007?
one data point says ‘yes’I have long believed that the Chelsea Mercantile conversion of the old Veteran’s Administration building into residential lofts on Seventh Avenue at 24th and 25th Streets ‘created’ a new market for (lower) ‘north Chelsea’. (From back…
5 Sunday Open Houses at $1.995mm
(remember to check the agent websites Sunday morning to see if open house is still on) This exact price would get you 3,600 sq ft in the (far) East Village but less than 1,400 sq ft near the Chelsea Whole…
Tagged with: Chelsea Mercantile, East 10, East 29, Renovation, Roof, Seventh Avenue, West 19, West 24
open house review / featuring Flatiron, with some Chelsea choices
(remember to check the agentwebsites Sunday morning to see if open house is stillon) 49 E 21 St#4A $1.89mm and $1,709/mo (condo) for”1,375 sq ft” in the former UFT building new to market Labor Day weekendwith an open…
new at 150 W 26 / one of the Merc's children
what the Chelsea Mercantile has wrought I have long felt that the Manhattan loft market around 7th Avenue above 23rd Street took off because the Chelsea Mercantile was such a success and such a break-through. The Merc put this area…
Chelsea's Merc merchandise / 5 open houses
the condo that branded Chelsea above 23rd St The Chelsea Mercantile building at 252 Seventh Avenue is the project that – in my opinion – created a market for high-end apartments above West 23rd Street that had not existed before…
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