Tag: Discount

Chelsea penthouse loft at 240 West 23 Street takes million dollar hit (or, was it a 44% hit?)

is this loft trolling Manhattan Loft Guy?? The recent sale of the “1,800 sq ft” Manhattan loft #7D at 240 West 23 Street (aka “Penthouse 7D”) for $2.2mm pushes a lot of Manhattan Loft Guy buttons. Most prominently and recently, it took

Posted in loft neighborhoods chelsea Tagged with: , , , ,

challenging 474 Greenwich Street loft proves a challenging sale, not quite $2 million off

location, decor, layout … let me count the Tribeca loft challenges (and price!) I won’t say I was proud of it, but my first reaction on seeing the “2,300 sq ft” Manhattan loft #4S at 474 Greenwich Street being offered

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price discovery can be hard, even for pros, as at 738 Broadway

marked down from $6 million! The “2,396 sq ft” Manhattan loft on the 2nd floor at 738 Broadway (the Broadway McKenna Building) in the most NYU-ish stretch of Noho that sold for $3.85mm at Christmas started life as a $6mm listing.

Posted in loft neighborhoods noho Tagged with: , , , , , , , , , , , ,

Tribeca loft sale at $432/ft shows 7-figure discount for rent stabilized tenant

investing in occupied Manhattan lofts is not for the faint of heart The recent sale of the  “1,875 sq ft” Manhattan loft on the 4th floor at 158 Franklin Street was arm’s length, after being publicly marketed. (It came out

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buyers with cold nerves sell 4 West 21 Street loft at 51% gain

… and the home of the brave Let’s take another spin at a wheel I mentioned on Wednesday (September 18, masterpiece designed since 2009, 60 West 15 Street loft doubles in value) about the favorable resale position of  2013 sellers

Posted in loft neighborhoods flatiron Tagged with: , , , , , , , ,

176 Broadway loft finally sells (at $556/ft!)

apparently, buyers prefer windows (go figure) I know of no downtown Manhattan loft building that The Market treats the way it does 176 Broadway. There remains a mystery (to me*) legacy that causes things like this to happen: the “1,906

Posted in lofts in other neighborhoods Tagged with: , , , , , , , ,

255 Hudson Street loft sells 19% below 2007, after 15 months, 9 prices

and now for something completely differentEver get tired of reading about how hot hot hot The Market is? I don’t, but the recent sale of the “1,684 sq ft” Manhattan loft #6A at 255 Hudson Street in “Soho” (I’ve expressed

Posted in loft neighborhoods soho Tagged with: , , , , , , , , ,

memory lane: New York lottery guy says two-MILL-yon dollars to describe discount on Greenwich Village “loft”

  Four Years Ago Today on Manhattan Loft Guy You were warned in my July 4 post that you had a couple of weeks of archived Manhattan Loft Guy material coming up; almost up. In my July 16, 2009, dropping

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revisiting the NY Times “time to PANIC!!!” piece with more (contrary) Manhattan loft sales data

what does “almost becoming the norm” mean in TimesSpeak?The inter-tubes are still buzzing over that main real estate article in Sunday’s New York Times, In A Seller’s Market, Every Minute Counts, which I hit in my same day post, June

Posted in market trends Tagged with: , , , , , , ,

market different in 1Q13 over 4Q12, says 107 West 25 Street loft, sold after (unnecessary?) price drop

don’t question what worksCouple of things about the “1,475 sq ft” Manhattan loft (with “500 sq ft” terrace) #2B at 107 West 25 Street that recently sold for $1.785mm:  it did not sell during the last quarter of 2012 from

Posted in loft neighborhoods chelsea Tagged with: , , , , , , , , ,