nor did time, or dimmers This is the kind of thing that drives Efficient Market fans to distraction and buyers to drink (or worse): the “1,461 sq ft” Manhattan loft #10C at 49 East 21 Street just sold at a…
Tag: East 21
unsold 2010 into 2011, 49 East 21 Street loft sells 18% higher
that was then … There are a variety of ways to show the change in market conditions in the overall Manhattan residential real estate market. Looking at individual downtown Manhattan loft sales as I do nearly every day turns…
Tagged with: 2005, 2010, Bidding War, Broker Babble, Comps, Doorman, East 21, Kitchen, Layout, Neighbor
when life threw 2012 loft buyers at 49 East 21 Street a curve, The Market almost bailed them out
of course, a Market gain can be a seller (net) lossI can’t pretend to explain the 5% gain from April 2012 to January 2013 or to know why the April buyer became a January seller, but in the spirit of…
49 East 21 Street loft beats near-Peak value, breaks building record
was it the upgraded counter, Mars?Sometimes the key to a very enthusiastic bit of broker babble is what is not there. In the case of the “1,375 sq ft” Manhattan loft #9A at 49 East 21 Street that just sold…
Tagged with: Above Ask, Bidding War, Comps, East 21, Master List, Neighbor, Premium, Renovation, Upgrade
from the Department of Odd (But Round) Numbers: 3 lofts sell in July $5,000 above ask
small samples can be fun, if limitedAnyone who has checked out my Master List of Manhattan Lofts Sold Since November 2008 at all recently is aware that I have let it get woefully out of date. But I am working…
32 West 20 Street loft flies off shelf, into war, contra 31 East 21 Street loft
not enough for a speed week, but still…I had the sale of the “1,350 sq ft” Manhattan loft #8N at 32 West 20 Street on my For Posting pile since I noted last week that the deed for $1.6mm (dated…
Tagged with: 2004, 2005, Carrying Costs, Comps, Condop, East 21, Light, Maintenance, Renovation, West 20
Infinity Flats loft needs ultra refinishing to break even since 2007
but out-performing 2010 resalesI noted a week ago one new development in which at least one resale was a positive outlier (July 30, why did 263 Ninth Avenue loft resale kick some serious butt?). Every coin has two sides, and…
man bites dog! 49 East 21 Street loft sells 3.6% above Peak
fresh filing, mature deedIt seems like only yesterday that Manhattan Loft Guy used “dog bites man” to indicate that a resale 6% off from the prior 2007 sale was not “news”, but it was really the day before yesterday (dog…
49 East 21 Street unique buyer overpays for unique loft
but not by a ridiculous amountSeems as though it was just yesterday that we were in the Manhattan loft building 49 East 21 Street; it was: 49 East 21 Street loft shows the benefits (and PAIN) of timing. in looking…
49 East 21 Street loft shows the benefits (and PAIN) of timing
and windows (pain, or none)The Manhattan loft #11C at 49 East 21 Street sold on May 6 at a $100,000 premium to the asking price of $1.75mm. On the one hand, this shows the benefits of windows; on the other…
Tagged with: Berkshires, Connecticut, East 21, Flip, High Floor, Low Floor, New Development, Second, Sponsor, Windows
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