The Market will correct a too high priceAfter yesterday’s post about a too deep price discount being corrected by The Market, bless her heart (January 28, if robust, The Market will fix a too-low price (at least, it did, at…
Tag: Comps
if robust, The Market will fix a too-low price (at least, it did, at 124 West 24 Street)
follow the bouncing ballThe seller of the “1,097 sq ft” Manhattan loft #5A at 124 West 24 Street was motivated, and successful. He brought the 2007 era newly converted loft to market on August 23, found a buyer who signed…
second floor loft empire at 66 Crosby Street increases at $946/ft
a curiously low price for a curiously configured spaceRemember that loft in the charming West Village that sold near $1,200/ft while needing a complete build-out? Of course you do: January 22, West Village loft that needs a total build-out sells…
Tagged with: broadway, Ceilings, Combination, Comps, Crosby, Mezzanine, Neighbor, Renovation, Sound, Windows
was year-end loft sale at 101 Warren Street motivated by tax uncertainty?
the gain might make it worthwhile to have worried about tax uncertaintyMy rant about the Tax Uncertainty Meme that ran through the Manhattan Media Division of the Real Estate Industrial Complex (January 4, in which Manhattan Loft Guy bravely calls…
Tagged with: Capital Gains, Comps, Discount, Meme, Miller, Neighbor, Real Estate Industrial Complex, Tax, Uncertainty, Warren
West Village loft that needs a total build-out sells at 59 Barrow Street for $1,190/ft
and renovation ain’t cheapAmong New York real estate broker babble conventions, to start a listing description “bring your imagination” or “bring your architect” or “create a dream loft” are both common and effective ways to manage expectations. The marketing campaign…
Tagged with: Barrow, Ceiling, Combination Gut, Commerce, Comps, Doorway, First Floor, Ground, Neighbor, Renovation
market corrects an over-correction on price of quintessential Hohner loft at 475 Broadway
funny how that worksThe November 20 sale of the “1,925 sq ft” Manhattan loft #4E at 475 Broadway (Hohner Building) shows up on the Master List of Manhattan Lofts Sold Since November 2008 as an above-ask sale because … well…
Tagged with: broadway, Classic, Comps, Floor Plan, Hohner, Kitchen, Neighbor, Quintessential, Renovation, Utility
what changed in 2012 to get 8 Warren Street loft sold in September but not January?
what a difference 9 months madeI am not saying there is a rational explanation for this, just that these are facts about the “2,010 sq ft” Manhattan loft #5E at 8 Warren Street (Trinity Stewart Condominium): it did not sell…
when bad things happen to high ceilings: 250 Mercer Street loft sells at $650/ft
layout does not lay out very well [edited for grammar and typos] Even for a building that often has sales at relatively low values for the Greenwich Village market, the December 18 sale of the “1,200 sq ft” Manhattan loft…
Dietz Lantern loft at 429 Greenwich Street sells for $1,186/ft with one wall
more to be added, probablyThis floor plan exemplifies one of the things I like about Manhattan lofts: the (general) absence of load-bearing elements gives a loft owner remarkable flexibility, well beyond the level the owner of a Manhattan “apartment” would…
Tagged with: Barrel Vault, Ceiling, Comps, Dietz Lantern, Greenwich, Neighbor, One Bed Wonder, Renovation, Staging, View
Gansevoort loft at 321 West 13 Street sells for a very high price, but not a record (alas)
it’s been that kind of seasonWhether driven by fear of the 2013 tax man or just by a collection of macro economic factors (ha! January 4, in which Manhattan Loft Guy bravely calls BS on the Market Trend Meme Of…
Tagged with: 2008, Ceiling, Comps, Gansevoort, Greenwich, Kitchen, Neighbor, Record, Views, West Village
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