first one to $1.7mm winsTwo Manhattan lofts at 144 West 18 Street (known, not poetically, as the Chainworks Building) closed 6 months apart. You won’t be surprised to learn that the one that closed 6 months ago (#4N) closed higher…
Tag: Competition
ending up where they started / $4mm closing at 99 Jane
head scratching in a thin marketThe Market just proved that the Manhattan loft #10A at 99 Jane Street is worth $4mm, as that is the clearing price just now publicly available from the May 30 closing. That strikes me as…
pretty efficient (depressed) market at 505 Greenwich Street as both 6F and 7F sell, off 25%
compare and contrast, upstairs and down, now and thenHere’s another take on the theme of my neighborly competition thread (more links below): two all-but-identical Manhattan lofts at 505 Greenwich Street had overlapping marketing histories, prices and success, suggesting that even…
break away to win the neighborly competition / so many lofts, so many dollars … but no sales (yet)
but will ANY win? I have been having an off-line dialogue since March with Reader SW about a particular high-end Manhattan loft building with multiple units for sale, which prompts a(nother) rumination about neighborly competition. (I have linked to…
the problem of price discovery (hint: you have to pay attention)
if a tree falls in the forest …I’ve been mulling a long-ish post on price discovery for quite a while (not writing it, obviously; just mulling). Pulling together some interesting riffs by other bloggers and news articles and market activity…
are they fooling only each other? / 3 neighbors push, 1 smiles
regressing (meanly)I have been following a funky-but-spectacular (in its way) Manhattan loft and — after noting the last price drop (and reading a little frustration between the lines of the marketing text) — I checked on two other units in…
my job does not include magic tricks / pondering pricing puzzles
sometimes "impossible" means just that I stumbled across a NY Magazine piece today that compared Manhattan coop listing prices in 2007 to Manhattan coop listing prices in 2008 to assess how optimistic sellers are now. There’s a table, but…
more unintended consequences in petri dish of Tribeca neighbors
can you stir the pot in a petri dish?I hit a Tribeca building with 3 active Manhattan loft sale listings on December 8 (selling the neighbor’s loft / unintended consequences in a Tribeca petri dish?), another in my occasional neighborly…
selling the neighbor's loft / unintended consequences in a Tribeca petri dish?
pricing within a building is … interestingI remain fascinated by multiple units offered for sale in the same Manhattan loft building. I riffed on the possibility of one mistaken price leading to another on November 30 in neighborly competition leads…
neighborly competition leads to neighborly mistakes? the laboratory at 24 East 22 Street
MLG went there before the NY TimesYou may remember that the NY Times ran a piece about multiple apartments for sale in the same building back in August (August 10, Neighborly Competition). You may also recall that I used to…
Tagged with: Competition, East 22, Flatiron, Lot Line, Met Life, Ny Times, Off The Market, Sold, Views, Windows
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