sweaters during the nuclear winter?The listing history for the Manhattan loft on the 3rd floor at 10 White Street is unusual because most sellers who came to market when Lehman fell did not stay on the market continuously if they…
Tag: Discount
loft with three mints at 130 Watts Street close off 5% from 2005
guessing at The PeakThe fact that the Manhattan loft #3N at 130 Watts Street sold on July 21 at 5% under where those sellers bought in October 2005 is (to me) interesting enough. That sequence lead me to ruminate about…
bidding war after 9 months, 6 price drops at 244 West 23 Street loft
timing is everything That hoary chestnut “it only takes one (buyer)” is dear to every seller’s heart, while the very optimistic sellers also love “it only takes two (to have a bidding war)”. These bromides cause a lot of sellers to…
Tagged with: Bidding War, Discount, Efficient, Metaphysics, Negotiation, Price Cut, Psychology, West 23
why didn't the loft at 252 West 30 Street sell at The Peak?
not one trend, but anotherThe Manhattan loft 252 West 30 Street #6B does not quite fit a pattern that regular readers of Manhattan Loft Guy know intrigues me (the pattern of lofts that did not sell in 2009 at $Xmm…
11 West 20 Street loft zooms through market, beats higher floor
it’s the renovation, MarsIf you blinked in June, you missed the Manhattan loft on the 5th floor of 11 West 20 Street. This "2,205 sq ft" full floor condo loft came to market on June 2 and was in contract…
Tagged with: 2006, 2009, Barrel Vault, Competition, Comps, Discount, Longandnarrow, Neighbor, Renovation, West 20
415 Greenwich Street loft closes up 1% from original price (2005), 22% off 2008 ask
was there a Peter Principle for new developments heading into The Peak?As with many new development lofts marketed in pre-construction and pre-Peak days, the Manhattan loft #6F at 415 Greenwich Street, Tribeca Summit, has a complicated listing history, with many…
Tagged with: 2005, 2006, Curbed, Developer, Discount, Greenwich, Haircut, Peak, Peter Principle, Tribeca Summit
negotiation science / The Anchoring Effect
indeed, "we" are not so smartInteresting post from an interesting blog that I have been mulling over this past week, as it had great personal relevance this week (story below) and has a real estate nexus. The post is Anchoring…
some lofts still get hammered, as 554 Broome Street sale shows
on the other hand …With all the talk on Manhattan Loft Guy (and elsewhere) about the 2010 market being a more active and deeper market than 2009 (for example, my July 7 post, 12 examples of the (rapid) velocity of…
more developer haircuts, as 415 Greenwich lofts cut to close
big discounts, little discountsThe Manhattan lofts (and townhouses) at Tribeca Summit, 415 Greenwich Street, have had a … errrr … difficult time selling out. The project started marketing in 2006, with the first closed sales in this 66-unit development in…
56 East 11 Street loft was hot in 2005, sold again in 2010
those were the days!When the Manhattan loft on the 8th floor at 56 East 11 Street came to market at $1.899mm way back on November 11, 2004 it was a hot, hot, hot listing, finding a contract within two weeks…
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