Tag: Comps

“efficient market” loses out to actual seller and actual buyer of 76 Madison Avenue loft

market extrapolation can be hard, but this loft sale comp is a non-sale of same loft Stop me if you’ve heard this before: an “index” is a proxy for The Market, just as a market report is a summary of

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for variety, 123 Baxter Street loft sells down 5% over 2008

not all Manhattan lofts are from Lake Wobegon Just as the mirror has two sides, the loft niche in the residential real estate market in Manhattan has many sides. Some are above-average, and those sales that outperform The Market and/or

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90 Franklin Street loft beats upstairs neighbor by 22% only 14 months later

I didn’t know wenge was that valuable in a Manhattan loft I can see two principal differences between the last two south-facing units that sold in Franklin Tower across the border from prime Tribeca: the “2,633 sq ft” loft #7S

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Chainworks loft at 144 West 18 Street sells in a delightful series for market watchers

one Manhattan loft building can be a microcosm, indeed The recent sale of the “3,097 sq ft” Manhattan loft #2E at 144 West 18 Street (the Chainworks Building) for $4.6mm ($1,485/ft) got me to wondering if any of the recent

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long story about a small loft at 650 Sixth Avenue that finally sells up 28% over 2011

there’s a 2011 new loft development sale and a “reconceived” loft sale, not far enough apart The simple facts about the “942 sq ft” Manhattan mini-loft #6J at 650 Sixth Avenue (in the Cammeyer) are simple: the recent seller at $1.45mm

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fab 160 Wooster Street loft learns even beauty has to be priced right

10 months to contract in a Seller’s Market Here’s the thing about a Seller’s Market: it only benefits a seller who prices right (enough). For the “1,746 sq ft” Manhattan loft #2C at 160 Wooster Street at the top of

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55 White Street loft beats ask by 8%, peak by 15%

a lot of light from second floor There are some fancy numbers assocaited with the “2,006 sq ft” Manhattan loft #2B at 55 White Street: it sold on September 3 for an even $4mm, 8% higher than the asking price;

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28 Laight Street 1-day loft sale looks like a whisper listing

can’t be real, perhaps it is one of those We can agree, I assume, that the public record behind the recent sale of the “2,705 sq ft” Manhattan loft #2D at 28 Laight Street in the Cobblestone Lofts cannot reflect

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adding wall for 3rd bedroom did NOT increase value of 49 East 21 Street loft by 36%

nor did time, or dimmers This is the kind of thing that drives Efficient Market fans to distraction and buyers to drink (or worse): the “1,461 sq ft” Manhattan loft #10C at 49 East 21 Street just sold at a

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56 Warren Street loft renovation added more value than it cost

known unknowns abound I am not unusual in always being interested in the impact that renovation has on value; most people who try to follow a residential real estate niche share that interest. I flatter my niche, perhaps, in thinking

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