what’s the story?The best single way to sum up the March 17 sale of the Manhattan loft on the 2nd floor at 714 Broadway is to say that it is rich in angles. Or that it will take many hands.…
what’s the story?The best single way to sum up the March 17 sale of the Manhattan loft on the 2nd floor at 714 Broadway is to say that it is rich in angles. Or that it will take many hands.…
well, technically, not “forever”The Manhattan loft #1A at 10 Bleecker Street sold on March 10 for $1.375mm after having been on and off the market (much more ‘on’ than ‘off’) since The Peak of the Manhattan residential real estate market.…
not a typical metricOne way to look at the March 1 sale of the full floor Manhattan loft on the 5th floor at 710 Broadway is that the clearing price of $2.035mm is a record for the building, exceeding even…
one theme, or anotherIs the recent sale of the Manhattan loft #5W at 92 Warren Street more interesting because it is a resale of a 2007 new development that exceeded the original sponsor sale price, or is it more interesting…
hard to beat this calendarJanuary 11 = new to market at $2.35mmJanuary 21 = contractFebruary 28 = sold for $2,461,100 You will be excused if you missed it, but that is the Manhattan loft #5B at 542 LaGuardia Place. Ten…
how bad was the 2009 market?Sometimes when you look at sales history you can hear somebody being ground up in the gears of The Market, remorseless monster that it can be. Use a Rod Serling interior voice and consider, if…
… can you sell in 2010?If a Manhattan loft owner tried to sell in each year since 2006 without success until two weeks ago, he deserves ample credit for Trying. But does that credit outweigh the Demerits he earned by…
not really a loss, but this gets complicatedThe fact that a deed was filed transferring the 2nd floor at 414 Washington Street (Pearline Soap) on October 14 for $3mm the same day the same LLC paid $1.6mm for the 1st…
winning at putting, putteringThe Manhattan loft #PH-E at 73 Worth Street is another loft that recently raced to contract, like the loft in my September 9 post, 11 West 20 Street loft zooms through market, beats higher floor. Long story, short:…
can’t (really) blame the calendarI’ve talked before about lofts that did not sell during the nuclear winter of Manhattan real estate that followed the Lehman bankruptcy (two years ago next week!), but the recent sale of the combined Manhattan loft…
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