an unusual floor plan on a classic Manhattan loft footprint The “2,000 sq ft” Manhattan loft on the 3rd floor at 42 West 15 Street took a while to sell, but it closed last month at $3.4mm, two numbers round…
Tag: Conventional Wisdom
classic loft at 42 West 15 Street sells at $1,700/ft without windows in living room
Tagged with: 1985, 1995, 2011, Architect, Artist Studio, Barrel Vault, Brick, Ceiling, Conventional Wisdom, Floor Plan, Layout, Long And Narrow, New York Times, Renovation, West 15, Windows
huge Flatiron coop loft sale at $1,435/ft proves there is no accounting for taste
some very un-loft-y elements here at 73 Fifth Avenue Let’s start with the floor plan of the “3,100 sq ft” Manhattan loft #5B at 73 Fifth Avenue that sold for $4.45mm down at the bottom of Flatiron (northeast corner of…
Tagged with: Bathroom, Ceilings, Conventional Wisdom, Exposures, Fifth, Floor Plan, Layout, Light, master suite, Windows
one “painstaking deconstruction” later, 874 Broadway loft sells for 236% of 2009 price
it can be very rewarding to take apart a Manhattan loft Numbers don’t lie: the “1,674 sq ft” Manhattan loft #301 at 874 Broadway (in the lovely MacIntyre Building) that was purchased in needs-a-renovation condition for $1.1mm in October 2009 (after…
Tagged with: 2009, broadway, Conventional Wisdom, Curbed, Renovation, steampunk, streeteasy index, West 29
111 Fourth Avenue pad proves you can sell a loft without a kitchen
loft living is often a lifestyle choice; living without a kitchen always is I am thinking “bachelor pad”, but perhaps the tiny (550 sq ft??) Manhattan loft #12D at 111 Fourth Avenue is merely a pied-à-terre. I don’t often see…
Tagged with: Ceiling, Comps, Conventional Wisdom, Kitchen, Light, Neighbor, Renovation, Views, wet bar, Windows
ridiculous patience rewarded with sale of 263 Ninth Avenue loft at small discount
offered in October, contract in OctoberYou know that bit of Conventional Wisdom about how a listing that stays on the market for months without a price drop, it is at the wrong price and will need a price drop to…
Tagged with: Conventional Wisdom, Discount, Duplex, Heywood, Light, Ninth, One Bed Wonder, Patience, Pictures, Windows
market corrects too-low price drop at Chelsea Mercantile, just as it's supposed to
Conventional Wisdom, vindicatedRegular readers of Manhattan Loft Guy know that I often observe that, absent a thin buyer pool, The Market will correct a price drop that is ‘too low’ by having multiple bidders push the clearing price above the…
Tagged with: Chelsea Mercantile, Comps, Conventional Wisdom, Discount, Layout, Light, Neighbor, Seventh, View, Volume
truly “one of a kind” bathroom sells for $2.35mm, loft at 56 Warren Street comes with it
what’s the magic trick?Forgive me, but the question that lingers longest in my mind after seeing that the “2,200 sq ft” Manhattan loft #5E at 56 Warren Street just sold for $2.35mm, is how did they take that bathroom picture…
Tagged with: Bathroom, Classic, Conventional Wisdom, Hall Of Fame, Howard, Hudson, One Bed Wonder, Open, Renovation, Warren
motivated seller sells classic Soho walk-up loft barely above 2005 at 477 Broome Street
the proof is in the askThe seller of the very well-dressed but also well-staired “982 sq ft”* Manhattan (mini) loft #34 at 477 Broome Street proved she was motivated by asking for a modest premium over the price she paid…
Tagged with: 2001, 2005, Broome, Conventional Wisdom, Discount, Miniloft, Paint, Renovation, Stairs, Walkup
love it or hate it? glass master bath sells at 181 Hudson Street loft
one person’s wow might be another person’s ewwSometimes I wonder if I get attracted (or, distracted) by the same things in a listing that people who do not look at Manhattan lofts for a living notice. For the recent sale…
Tagged with: 2007, Bath, Comps, Conventional Wisdom, Glass, Hudson, Layout, Neighbor, Renovation, Volume
73 Worth Street loft takes a long time to sell above ask
from the annals of (slightly) weirdMost sales that generate a deal above the asking price happen quickly, right? Everyone knows that bit of Conventional Wisdom. Except for the sellers and buyer of the “2,233 sq ft” Manhattan loft #3F at…
Tagged with: 2005, 2009, Bidding War, Comps, Conventional Wisdom, Neighor, New Development, Premium, Upgrades, Worth
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