a big jolt to the systemSmall Manhattan loft buildings have fragile ecosystems, and the smaller the more fragile. Take as one example the 7-unit oh-so-classic loft building 307 West Broadway at the extreme southern edge of Soho. I hit it…
Tag: Comps
Tag: Comps
third 307 West Broadway loft sells in 2012
Tagged with: Artist, Comps, Culture, Kitchen, Neighbor, New York Times, Primitive, Raw, Renovation, West Broadway
market for 150 Nassau Street lofts is en fuego, as another record falls
a reader writes with the back storyI am a lucky Manhattan Loft Guy, lucky to have readers who email not only with suggestions about future posts but who also include a behind the scenes back story. The late-breaking public news…
unique loft at 236 West 26 Street bends the market by selling well above comps
the beauty that got awayThe recent sale of the (not really) “1,288 sq ft” Manhattan loft #10SE at 236 West 26 Street in the Chelsea Capitol is both near and dear to my heart (and to one of my buyers) and…
Tagged with: Broker Babble, Capitol, Comps, Finishes, Neighbor, Overpay, Rational, Renovation, West 26, Windows
415 Greenwich Street loft resale clobbers sponsor at Tribeca Summit, nears record
this may stingThe recent sellers of the “2,318 sq ft” Manhattan loft #3A at 415 Greenwich Street in the 2008 new development Tribeca Summit must have been paying attention. They no doubt noted the two most recent sales in the…
Tagged with: 2008, Comps, Greenwich, Neihgbor, New Development, Rational, Record, Sponsor, Tribeca Summit, Upgrades
did American Thread loft at 260 West Broadway sell on a formula in private sale?
or, do you believe in coincidence?I am always intrigued by private sales of Manhattan lofts, wondering whether they represent true arm’s-length transactions at The Market, or whether they should be ignored (and left off the Master List of Manhattan Lofts…
Tagged with: 2007, American Thread Company, Apartment, Comps, Neighbor, Peak, Photographer, Prewar, Private, West Broadway
New York Observer observes loft sale at 165 Duane Street but does not like lofts
or follow Manhattan Loft GuyAt least two things did not impress the New York Observer about the recent sale of the “1,550 sq ft” Manhattan loft #3D at 165 Duane Street: that it garnered a gain of only 10% from…
Tagged with: 2007, Broker Babble, Comps, Duane, Kitchen, Neighbor, New York Observer, Observer, Peak, Renovation
126 West 22 Street loft beats near-Peak, with upgrade
Upgrade Week continues…Ah, the perils of parsing broker babble …. The marketing campaign for the recently sold “2,200 sq ft” Manhattan loft #11N at 126 West 22 Street (Chelsea Flats) is full of upgrade language, some more specific than others,…
49 East 21 Street loft beats near-Peak value, breaks building record
was it the upgraded counter, Mars?Sometimes the key to a very enthusiastic bit of broker babble is what is not there. In the case of the “1,375 sq ft” Manhattan loft #9A at 49 East 21 Street that just sold…
Tagged with: Above Ask, Bidding War, Comps, East 21, Master List, Neighbor, Premium, Renovation, Upgrade
'architecturally designed' loft with no view, little light at 114 West 27 Street sells at $799/ft
the only way to get a bargainThere are over 300 loft resales in 2012 on my Master List of Manhattan Lofts Sold Since November 2008, the vast majority of which have $/ft calculations, and only 19 of those lofts sold…
130 Fulton Street loft sells 4% over 2007, but there’s a really big catch
not a market-driven increase, even if a market priceReaders who remember my September 27, 2011, is the Manhattan loft market back to (up to) 2007? 61 repeat sales say “probably”, “a bit” (one of my favorite posts of 2011), will…
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