no blogger’s remorse, howeverHow’s this for a Bright Shiny Object? The “1,717 sq ft” Manhattan loft (with a “321 sq ft” terrace) #1C at 246 West 17 Street recently sold at $2.55mm after having been sold in 2009 by the…
Tag: Discount
more developer's remorse: scooped by Curbed over 246 West 17 Street loft resale +89% in 3 years
Tagged with: 2008, 2009, Bottom Feeding, Contract, Discount, Down Payment, Haircut, New Development, Sponsor, West 17
Flower District loft at 133 West 28 Street sells at small discount after 11 months, 2 firms, only a $5,000 drop
why did that first contract fail?It is impossible to know this kind of thing from the outside, but there is a reason that the “1,300 sq ft” Manhattan loft #6C at 133 West 28 Street took nearly a year to…
Tagged with: Comps, Contract, Discount, Flower District, Miller, Negotiation, Neighbor, Outdoor Space, Patience, West 28
interesting pricing gambit does not work as 214 West 17 Street loft sells at 14% discount, 22% from first ask
how does that “if at first you don’t succeed …” thing work?No diversion today, as I missed a weekday of substantive Manhattan loft blogging. (if you are disappointed, call 3-1-1.) One way to look at the recent sale of the…
Tagged with: Combination, Comps, Conventioanl Wisdom Miller, Discount, Floor Plan, Negotiation, Neighbor, Renovation, Vtoy, West 17
motivated seller sells classic Soho walk-up loft barely above 2005 at 477 Broome Street
the proof is in the askThe seller of the very well-dressed but also well-staired “982 sq ft”* Manhattan (mini) loft #34 at 477 Broome Street proved she was motivated by asking for a modest premium over the price she paid…
Tagged with: 2001, 2005, Broome, Conventional Wisdom, Discount, Miniloft, Paint, Renovation, Stairs, Walkup
195 Hudson Street loft takes deep haircut to close up 385% (since last century)
speaking of low-balls …Since the “2,325 sq ft” Manhattan loft #3D at 195 Hudson Street recently sold at $2.85mm after having been asking $3.5mm, you have to wonder just how low that negotiation started. A negotiated discount of 18.6% implies…
Tagged with: Bidding, Comps, Discount, Floor Plan, Glass Walls, Hudson, Low Ball, Negotiation, Neighbor, Renovation
testing a media meme in the Manhattan loft lab: low-balling and the too-low offer
your Real Estate Industrial Complex, Media Division, at workI don’t have time to find other examples, but I am pretty sure I have seen elsewhere in the Manhattan residential real estate media / blogosphere / twitterverse a comment to the…
Tagged with: Bidding, Discount, Low Ball, Media, Meme, Miller, Real Estate Industrial Complex, Spread, The Real Deal
agony + ecstasy at one 65 West 13 Street loft
how cold it was in those days!If I were writing just about lofts I would say something like when the Manhattan loft #8D at 65 West 13 Street sold on July 6 it was up over 40% from its prior…
424 Broome Street loft takes 15 months to sell at 9% discount; why so long?
in which I simply just gaze in wonderAvid consumer of Manhattan loft closing data that I am (the Master List of Manhattan Lofts Sold Since November 2008 now has almost 2,000 transactions), sometimes I don’t know what it is about…
Tagged with: Architect, Authentic, Broome, Classic, Discount, East Soho, Longandnarrow, Mud Room, Renovation
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
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