did Conventional Wisdom takes another shot to the head, or did CW slip the punch?You know the Conventional Wisdom about asking prices and time: that a listing professionally exposed to The Market for enough time without having selling is at…
Tag: Conventional Wisdom
8 months to contract at 6.5% discount for 151 West 17 Street loft
Tagged with: Campiello, Comps, Conventional Wisdom, Floor Plan, Layout, Light, Neighbor, Rational, Views, West 17
is there a market for a $3mm 1-bedroom loft in Tribeca? (yup: at 25 N. Moore Street)
(in case you were worried)What is the ‘bigger’ (more impressive) way to describe a 1-bedroom loft: as a $3mm sale, or as “1,886 sq ft”? Both descriptions apply to the Manhattan loft #7C at 25 N. Moore Street (the Atalanta).…
romance sold the loft at 430 Greenwich Street, but it took a while
as Conventional Wisdom takes another hitOne hopes that Conventional Wisdom has enough self-confidence to shrug off the many times that people just ignore it. Sales like that of the Manhattan loft #5W at 430 Greenwich Street might cause an insecure…
Tagged with: Babble, Charm, Conventional Wisdom, Flexible, Floor Plan, Greenwich, Poetry, Romance, Window Seat, Windows
111 Fourth Avenue combination loft closes after 19 months at 30% off original ask
can you see a premium for a combined space?It should not be a surprise if the sellers of the Manhattan loft combination #2HIJ at 111 Fourth Avenue expected to be paid a premium for having put together 3 small lofts…
Tagged with: Combination, Comps, Conventional Wisdom, Fourth, Lofted, Neighbor, Ny Times, Premium, Renovation, Vtoy
129 Duane Street loft sells above $2mm after not selling at Peak at $2.35mm
is this the price of overreaching? The Conventional Wisdom is that a Manhattan loft that does not sell after being professionally exposed to The Market for ‘a long time’ has failed to sell because of price. This wisdom is not…
473 Broadway loft seller is stubborn after (somehow) missing peak
a rich history of sales, and of listingsThe Manhattan loft #5E at 473 Broadway that just sold on April 28 has now been re-sold twice since having been purchased from the developer in 2002, in what appears to be a…
Tagged with: Axiom, broadway, Conventional Wisdom, Discount, Failed Contract, Peak, Price Drop, Stubborn
stubborn flower district loft seller holds for sale at 133 West 28 Street with rooftop garden
Conventional Wisdom takes another (small) hitWe’ve been here before: sometimes the Conventional Wisdom (“conventional” because it is common; “wisdom” because it is … errr … wise) is wrong. Conventional Wisdom holds that a professional, broadly exposed, marketing campaign of 3…
Tagged with: 2006, Brooklyn, Conventional Wisdom, Floor Plan, Flower District, Roof Deck, Townhouse, West 28
bidding war was a long time coming to 21 East 22 Street loft
revisiting a late deed with late actionThe Manhattan loft #2H at 21 East 22 Street was a bit player in a post last week about a neighbor’s more recent sale (April 21, stubborn loft seller wins at 21 East 22…
Tagged with: Biddign War, Comps, Conventional Wisdom, East 22, Fifth Dentist, Neighbor, Price Drop, Stubborn
stubborn loft seller wins at 21 East 22 Street
Conventional Wisdom takes another hitEach deed is a fact, but each fact does not necessarily fit a coherent narrative with broader application. Have I lost you yet? A deed filed on April 12 recorded as fact that A Woman sold…
Tagged with: Comps, Conventional Wisdom, East 22, Light, Neihgbor, One Bed Wonder, Price Drop, Stubborn, Views
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