if they were trying to provoke a war, they missedI have to wonder if the sellers of the “1,780 sq ft” Manhattan loft #12D at 66 Leonard Street (the Textile Building) thought they were going to provoke a bidding war,…
Tag: Comps
Tag: Comps
curiously modest pricing of no-expense-spared renovated loft at 66 Leonard Street nets (predictably?) modest price
Tagged with: Competition, Comps, Floor Plan, Leonard, Neighbor, Peak, Proper Names, Renovation, Textile
Jade loft resale at 16 West 19 Street is a strong price, but off 7% since 2007
measure against sponsor sale or $/ft?The podilicious “1,336 sq ft” Manhattan loft #4E at 16 West 19 Street (Jade) just sold at a dollar per foot price that compares well to other resales in the building, but at a loss…
sometimes the bear gets you: 245 Seventh Avenue mini-loft sells 22% off from peak sale
Froth + Peak + Trough + Thaw need a 5th stepKnowing that the last time the “981 sq ft” Manhattan loft #4C at 245 Seventh Avenue was almost exactly at The Peak of the overall Manhattan residential real estate market,…
133 West 17 Street loft with open air + potential sells for $1,071/ft
the dog that did not barkSometimes a loft that does not sell tells you something as interesting about the market as a loft that does sell. For Exhibit A, I give you the "1,770 sq ft" Manhattan loft #5C at…
it should not be this hard to get the right price, as 40 West 15 Street loft (finally) sells above ask
patience, of course, is a virtue (if rewarded)The listing history for the “2,000 sq ft” Manhattan loft #2A at 40 West 15 Street involves several efforts, but considering that it sold for $2mm on July 2, the numbers are just…
Tagged with: Authentic, Brick, Challenge, Comps, Glass Brick, Layout, Patience, Rational, Renovation, West 15
renovation premium evident as 720 Greenwich Street lofts sells for 29% over 2010
though extent of renovation is still somewhat unclearThis is how to let the world know the vintage of a renovation used to market a Manhattan loft: “renovated in the last year with …”. No need to worry about what an…
Tagged with: 2009, 2010, Broker Babble, Ceiling, Comps, Greenwich, Kitchen, Neighbor, Renovation, Tin
“fully renovated” 39 East 12 Street lofts sells at 14% premium to 2010, with pre-2010 renovation
another Jedi mind trick?I pointed out the mind games that broker babble can play with buyers last week in my July 5, did a Jedi mind trick garner 40% premium over 2010 for a small loft at 107 West 25…
7 Essex Street loft goes for Peak, wins!
nice when it worksBefore the recent sale of the “1,584 sq ft” Manhattan loft #7A at 7 Essex Street at $1.6mm, the last loft in the building to sell at or above that price was way back at The Peak,…
did a Jedi mind trick garner 40% premium over 2010 for a small loft at 107 West 25 Street?
is your coffee fresh?The recent sale of the “1,100 sq ft” Manhattan loft #2C at 107 West 25 Street, which recently sold (with a “400 sq ft” private terrace) at $1.4mm, involves a deceptively complex tale. The complexity will unfold…
Tagged with: 2007, 2010, Broker Babble, Comps, Jedi Mind Trick, Neighbor, Peak, Rational, Renovation, West 25
$1,500/ft for 7 Bond Street loft with 4 windows, no bedrooms
The Bond Street effect in actionThe problem for the "1,100 sq ft" Manhattan loft #2D at 7 Bond Street is obvious from the floor plan, and only slightly less obvious from the photos: the four great big windows at the…
Tagged with: Bond, Broker Babble, Ceiling, Comps, Kitchen, Layout, Neighbor, Office, Renovation, Windows
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