had this lined up for June 23, but [something, something, something]This was a perfect post for this past Sunday, but with a succession of open house visits and some social business (actual social business, face-to-face fashion; not social media business)…
Tag: Disclosure
backstory to New York Times about buying a wrecked loft at 37 Walker Street
Manhattan Loft Guy readers (again) keeping ahead of the Times …Nice piece by Constance Rosenblum as the main story in the Real Estate section in today’s New York Times, Not Too Shabby, about Manhattan residential real estate buyers increasingly looking…
Tagged with: 1970s, Agency, Disclosure, Dual Agent, Duplex, Kitchen, Ny Times, Renovation, Walker, Wreck
how the pros do it: 497 Greenwich Street loft was bought low, sold high
it took cojones to buy thenThe semi-famous folks who just sold the “2,541 sq ft” Manhattan loft #7A at 497 Greenwich Street in the extreme western edge of “Soho” (this micro-nabe does not feel like Soho to me, but I’ve…
Tagged with: Architect, Deniro, Disclosure, Discount, Greenwich, Nuclear Winter, Owner, Owner Broker, Pros, Winka
a troubling line potential sellers hear from agents all the time
having nothing to do with pajamas (really)The Real Deal has a puff piece in the June issue that was featured on their web page last week, Doing deals in pajamas, that has a dog-bites-man ‘news’ quality about it that is…
Tagged with: Agency, Cobrokering, Commission, Conflict Of Interest, Disclosure, Fiduciary, Incentives, Rebny, Sales Fee, The Real Deal
do some seller incentives threaten the buyer
or, can disclosure cure at this level?Not to go full MalcolmBlogger High Road on ya, but I was flabbergasted by a marketing gambit that recently went out through the inter-firm data-base. I am sure it is a legal way to…
Tagged with: Agency, Cobrokering, Commission, Conflict Of Interest, Disclosure, Fiduciary, Incentives, Sales Fee
agent sells Chelsea Mercantile loft from San Francisco
even north is a happier faceYou need to do some extra clicking on StreetEasy to get the full narrative on the successful marketing campaign that just got $2.2mm for the “1,586 sq ft” Manhattan loft #7G at 252 Seventh Avenue…
Tagged with: Agent, Chelsea Mercantile, Comps, Courtyard, Disclosure, Neighbor, San Francisco, Seventh, Views, Windows
the Warburg guy wants to take the Dual out of Agency in Manhattan residential real estate
I applaud Fred (if I may be so familiar)Long-time Manhattan Loft Guy readers know that the subject of New York State agency law and required disclosures is near and dear to my heart (links below). Not many agents share that…
back story on celebrity Noho loft purchase at 10 Bleecker Street is about the sellers
numbers v. namesThe big story in this report in The Observer last week about the sale of the “2,500 sq ft” Manhattan loft #3A at 10 Bleecker Street (aka “#3F”) for the full-ask $3.25mm was the identity of the celebrity…
Tagged with: 2007, Agency, Babble, Bleecker, Disclosure, Fiduciary, Noho, Renovation, Serial Renovators, Village
45 Crosby Street loft seller wins staring contest, sells at overall 9% discount before birthday
being stubborn can payThe sellers of the “2,000 sq ft” Manhattan loft #6N at 45 Crosby Street wanted to get their price: holding at $2.85mm for 6 months, then holding at $2.75mm for the next 4 months that it took…
Tagged with: Agency, Competition, Comps, Crosby, Disclosure, Neighbor, Penthouse, Renovation, Stubborn, Walker
bass ackwards at 150 Nassau Street?? as lofts are sold low + bought high, with an agency twist
(doesn’t work in my spell check, either)When I observed that the buyer of the Manhattan loft #9E at 150 Nassau Street on November 3 has a notice address of #9A at 150 Nassau Street I began to wonder. First I…
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