pretty extreme bang for buck The facts are that the “1,735 sq ft” Manhattan loft #4W at 66 Ninth Avenue (in the old part of the Porter House) sold or $2,787,500 on July 3, 2008 and was just resold…
Tag: Comps
playing the Euro card to great effect, 66 Ninth Avenue loft sells 31% over near-Peak
Tagged with: Broker Babble, Comps, Floors, Meatpacking, Neighbor, Ninth, Peak, Porter House, Upgrades, Windows
unsold 2010 into 2011, 49 East 21 Street loft sells 18% higher
that was then … There are a variety of ways to show the change in market conditions in the overall Manhattan residential real estate market. Looking at individual downtown Manhattan loft sales as I do nearly every day turns…
Tagged with: 2005, 2010, Bidding War, Broker Babble, Comps, Doorman, East 21, Kitchen, Layout, Neighbor
95 Franklin Street loft sells with new space (not just newly renovated space)
the mezz makes the man, er, loft One of the hoary things you hear Manhattan real estate boosters say is that real estate here is so valuable because “it’s an island, they are not making more of it”. Of…
5 years later, small loft at 261 Broadway sells (angels rejoice)
I spoke too soon yesterday One problem with doing daily blog posts about closed Manhattan loft sales is that one post can get eclipsed by another; what seems like an unusual specimen one day can diminish the next. If…
Tagged with: 2007, broadway, City Hall, City Hall Park, Comps, Condition, Neighbor, Nothing Special, Price Drops, Views
161 West 15 Street is nothing special, other than priced right for the market
not everything is a gut project, or done to the 9s I mean no disrespect to the “1,170 sq ft” Manhattan loft #6B at 161 West 15 Street (Jensen-Lewis Building) by saying that it is nothing special. It is…
Tagged with: Broker Babble, Cabinets, Comps, Jensenlewis, Kitchen, Light, Neighbor, Renovation, West 15
“recently renovated” 7 East 17 Street loft sells 18% over 2011 sale (as “newly renovated”)
there are no rules Of course there are no rules about how many calendar pages can be torn off before a listing should no longer be described as “newly” or “recently” renovated. In the case of the “2,774 sq…
Tagged with: Broker Babble, Closets, Comps, East 17, East 18, Gut, Layout, Neighbor, Outdoor Space, Renovation
a tricky $1,220/ft for a most lovely gut job of 451 Broome Street loft that took 50 weeks + 3 contracts to sell
a pretty short year This is the kind of history that is so infuriatingly rich that it is a shame not to know the whole story. The “2,400 sq ft” Manhattan loft #7E at 451 Broadway came to market a…
73 Worth Street loft goes a little above ask, a lot above 2010 (of course)
doing the Buy Low, Sell High thing I never tire of these stories: a Manhattan loft with a past sales history that says interesting things about past market conditions, or buyers/sellers who achieve the real estate ideal of Buy…
25 Murray Street loft slow walks through market, takes 7 months to deal at small discount
inefficiency is maddening The “1,850 sq ft” Manhattan loft #6E at 25 Murray Street (Tribeca Space) recently sold for $2.145mm, at a tiny discount to last ask, less than a 5% discount to the prior ask, and less than…
Tagged with: Broker Babble, Comps, Discount, Efficient, Inventory, Irony, Murray, Neighbor, Rational, Tribeca Space
loft at 217 West 19 Street dances to 13% gain over Peak
another Beat The Peak contestant, not an April Fool’s Day fool The “2,400 sq ft” Manhattan loft on the 9th floor of 217 West 19 Street is a worthy Beat The Peak, as it was sold for $4.4mm on…
Tagged with: Broker Babble, Comps, Dance, Neighbor, Outdoor Space, Peak, Rational, Renovation, Terrace, West 19
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