Tag: East 11

$5 million data points: unrealistic Manhattan loft sellers or market softening?

the numbers are intriguing One of the story lines coming out of the Manhattan Media Division of the Real Estate Industrial Complex has been about supply in the luxury market (specifically, in new developments), with the (often implicit) question about

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spectacular renovation of Village penthouse loft is not quite as well received as renovator hoped at 42 East 12 Street

Manhattan loft renovations don’t get much more gut than this In the broker babbling world, it seems that no modifier faces a bridge too far. Most often, these flights of linguistic fancy crash and burn (“unique” should be allergic to modifiers), but

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there are spectacular Manhattan loft renovations, then there’s this 54 East 11 Street loft renovation

… and The Market loved the Village loft renovation! I really appreciated the renovation … er … cosmetic upgrade in that celebrity loft I hit yesterday, one on which so many characters were typed wondering about Bang For The Buck.

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raw loft space in prime Greenwich Village location goes above ask at $1,120/ft

there’s a thin loft line between raw and gut There’s no chance that anyone would have been tempted to buy the “2,000 sq ft” Manhattan loft on the 2nd floor at 56 East 11 Street and hope to salvage anything

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Cast Iron loft at 67 East 11 Street sells off 7%

not all lofts flat since 2007, of course, of courseOne of my favorite and most interesting trend lines for the downtown loft niche in the overall Manhattan residential real estate market is this running count of lofts that sold in

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changing firms + raising price after 7 months does the trick for 67 East 11 Street cast iron loft

no Virginia, there is no rational market (not here, at least)Fans of the efficient market theory for the Manhattan residential real estate market should be surprised if a loft is offered within $5,000 of its value but takes 7 months

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54 East 11 Street loft needed only 91 days, but a complete re-do to add 10% to 2006 value

successful campaign, in a limited senseYou can’t tell directly from the StreetEasy listing page for the “2,000 sq ft” Manhattan loft on the 3rd floor of 54 East 11 Street, but it took only 91 days for the sellers to

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The Market corrects a Cast Iron loft over-correction, as 67 East 11 Street loft sells above (reduced) ask

Aphorisms ‘R UsStop me if you have heard this before: if a seller sets a price that is ‘too low’ The Market has an opportunity to fix that price. When the little (“710 sq ft”) Manhattan loft #411 at 67

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market changes, personified by 67 East 11 Street loft sale

a warm welcome for another poster child, please!When the Manhattan loft #711 at 67 East 11 Street (the Cast Iron Building) sold on March 17 for $760,000 to earned Manhattan Loft Guy poster child status, with a caption “into (and

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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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