at least, not every buyer should always panic If you are a buyer actively searching for a Manhattan coop or condo, chances are good that someone you know or love has already scared you with In A Seller’s Market, Every…
Tag: Discount
not every buyer should panic: that scary New York Times article is right, to a degree
Tagged with: Bidding War, Days On Market, Discount, Inventory, Michelle Higgins, Negotiation, New York Times, Panic, Tips
9 Murray Street loft takes 5 months, 3 prices to sell
alert the media!My last 3 substantive (loft-y) posts involved lofts that sold quickly with strong prices. Of course, they fit the current conventional wisdom about the market. But not all lofts are above average, to go Keillor on ya. Since…
Tagged with: 2008, 2011, Broker Babble, Ceiling, Comps, Discount, Kitchen, Longandnarrow, Murray, Windows
a(nother) tale of two lofts, as 121 West 17 Street twin sells right in line
is $25,777 a reasonable premium for one floor higher?If the “1,135 sq ft” Manhattan loft #6D at 121 West 17 Street that just sold at $1,300,777 looks familiar that’s because you are thinking of its twin one flight down,…
45 Lispenard Street loft takes a year to sell at small discount to ask, 11% premium over Peak
‘tis a puzzlement The Market just loved the “1,800 sq ft” Manhattan loft #5E at 45 Lispenard Street, as we see from the fact that it sold on April 25 at $2.2mm after selling at near-Peak for just $1,988,500.…
Tagged with: Bidding War, Broker Babble, Discount, Empire State Building, Layout, Lispenard, Rational, Square, Views, Windows
disappointed seller of 121 West 20 Street loft accepts 25% below first ask
many numbers, just one sale Facts are, of course, facts: the “1,875 sq ft” Manhattan loft #2A at 121 West 20 Street was sold on March 20 at $2.55mm by the guy who bought it 7 years later for…
very patient (and secretly negotiable) famous seller finally sells 497 Greenwich Street loft at 17% discount
why do people do that? The seller of the “1,661 sq ft” Manhattan loft #6B at 497 Greenwich Street (the Winka Dubbeldam-designed Greenwich Street Project) told The Market she wanted $2.35mm, but when push (eventually) came to shove she…
4 colors of downtown Manhattan loft momentum, again
same colors, same story (buyer beware) Not a lot of analysis, or even fresh insight here … just counting. I just updated the Master List of Manhattan Lofts Sold Since November 2008 (Note to Self … get back to…
Petersfield loft at 115 Fourth Avenue asks for big gain over 2011, market refuses
data points tend to scatter One of the great fascinations for me in looking at deed records as downtown Manhattan lofts sell is noting sales that deviate from the narrative for the overall residential real estate market on The…
Tagged with: Broker Babble, Ceilings, Closet, Discount, Fourth, Kitchen, Petersfield, Resale, Scale, Windows
25 Murray Street loft slow walks through market, takes 7 months to deal at small discount
inefficiency is maddening The “1,850 sq ft” Manhattan loft #6E at 25 Murray Street (Tribeca Space) recently sold for $2.145mm, at a tiny discount to last ask, less than a 5% discount to the prior ask, and less than…
Tagged with: Broker Babble, Comps, Discount, Efficient, Inventory, Irony, Murray, Neighbor, Rational, Tribeca Space
downtown Manhattan loft market momentum in 4 colors
a quick post for a busy day I just updated the Master List of Manhattan Lofts Sold Since November 2008 for the first time in a few weeks, getting up to date on deeds filed before March 24. You…
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