Tag: Coop

REBNY does good! flip tax problem resolved

my dues at work (yay team!)Regular Manhattan Loft Guy readers know that I have a somewhat … (shall we say) … conflicted perspective on our trade association, REBNY. Basically, I feel that residential agents (and especially consumers) are the poor

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114 Mercer Street loft sells at $848/ft with 4 windows, 3 mints, 2 dark BRs + 1 exposure the limits of the Long-and-Narrow form

The Manhattan loft 114 Mercer Street #2 is said to be “2,300 sq ft” with 14 foot ceilings, and to have been gut renovated with some especially chic details. It sits on a prime Soho block (between Spring and Prince),

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save our flip tax! are coop flip taxes in danger from Fannie Mae?

odd ducks make for odd rulesInteresting catch by The Miller on his blog on Thursday, [Fannie Mae] Proposed FNMA Rule Change Could Damage Co-op Prices. I had been vaguely aware from national real estate sources that there has been some

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more appreciating appreciation / 156 Franklin is new (improved)

4 years + $X later….The Manhattan loft on the 5th floor at 156 Franklin Street is on the market as of this past weekend, asking $2.195mm and $1,700/mo for “1,700 sq ft” that is “newly renovated”. Clearly, the loft has

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