one lingered, after drops; the other flew off the shelfEven infrequent Manhattan loft Guy readers know that I love paired loft sales! The October 4 sale of #2B at 43 Clarkson Street was posted the other night on The New…
Tag: Competition
huge premium for condition, light + views for this 20-26 N. Moore Street loft
what a difference a day makes (+ light + views + renovation)Let’s stay near the corner of N. Moore and Varick Streets, just above my favorite Tribeca bar, Walkers. Yesterday we stopped on the 5th floor of the western half…
11 West 20 Street loft zooms through market, beats higher floor
it’s the renovation, MarsIf you blinked in June, you missed the Manhattan loft on the 5th floor of 11 West 20 Street. This "2,205 sq ft" full floor condo loft came to market on June 2 and was in contract…
Tagged with: 2006, 2009, Barrel Vault, Competition, Comps, Discount, Longandnarrow, Neighbor, Renovation, West 20
Chelsea House kinda sorta holds its own, reveals Truths in The Market
more or lessThe Manhattan "loft" #8D at 130 West 19 Street, Chelsea House, closed on June 18 at $1.51mm, down 6% from its last clearing price three years ago. If you are familiar with my post comparing lofts that sold…
Tagged with: 2006, 2007, 2009, Chelsea House, Competition, Comps, Neighbor, New Development, Nuclear Winter, West 19
modesty rewarded, but 'how well?' remains the question
sometimes Manhattan Loft Guy gets it rightI posed a question on July 8 that was answered very quickly: will pricing 25% below 2007 hit The Market in a sweet spot? The answer came in an update on StreetEasy the very…
Porter House loft may be “beyond the beyond” but sells off a million, up 40% or down 25%
context tells the story, but what’s the context?The Manhattan loft #3W at 66 Ninth Avenue (The Porter House) was marketed very enthusiastically at prices The Market was not ready for. It cleared on June 23 at $2.15mm, which is a…
Tagged with: 2003, 2006, 2007, Cantilever, Competition, Meatpacking, Neighbor, Neighbors, Ninth, Porter
170 Fifth Avenue closes AT 2007 (maybe)
isn’t that cool?There have been a series of Manhattan Loft Guy posts of late comparing 2009 clearing prices to 2005, or other prior sales. (This July 29 post canvassed quite a few, attack of the Killer Comp (when 2005 pricing…
2005 pricing at The Printing House, 421 Hudson Street
one-third of the way from February 2005 to June 2006 = about July 2005The Manhattan loft #709 at 421 Hudson Street cleared at $1.64mm on May 29, 2009. They wanted more, of course, having started at $1.995mm in October 2008.…
(too rich, too thin) too stylish to sell (well)?
vanilla (sold) vs. guava with hints of chili (languishing)I was going to do this post about a recent sale of a Manhattan loft (one of those great price! 3-weeks-to-contract price discussions), possibly followed by an aside about the remaining unit…
Tagged with: Competition, Contract, Design, Ice Cream, Neighbor, One Bed Wonder, Price Drop, Renovation, Thin Market, West 18
price drop can re-set expectations IF low enough
probably not low enoughThere’s a Manhattan loft newly returned to market in a brand-name Tribeca building that has been for sale for quite a while. It is now on its third firm and fourth price. It is hard to see…
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