Tag: Efficient

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

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funny prices of 101 Warren Street resale are not so ha-ha

The Market will correct a too high priceAfter yesterday’s post about a too deep price discount being corrected by The Market, bless her heart (January 28, if robust, The Market will fix a too-low price (at least, it did, at

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if robust, The Market will fix a too-low price (at least, it did, at 124 West 24 Street)

follow the bouncing ballThe seller of the “1,097 sq ft” Manhattan loft #5A at 124 West 24 Street was motivated, and successful. He brought the 2007 era newly converted loft to market on August 23, found a buyer who signed

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what changed in 2012 to get 8 Warren Street loft sold in September but not January?

what a difference 9 months madeI am not saying there is a rational explanation for this, just that these are facts about the “2,010 sq ft” Manhattan loft #5E at 8 Warren Street (Trinity Stewart Condominium): it did not sell

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failure to flip: over-pricing in 2008 leads to loss in 2012 over 2007 for 15 West 20 Street loft

memory lane trippingI wrote the headline above based just on the rather extensive sales history of the “2,259 sq ft” Manhattan loft #8A at 15 West 20 Street (Altair 20) (details below), before discovering that I covered the key old

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the stuff you can't see earned 7th floor loft at 15 West 20 Street a 13% premium over 8th floor

(I can’t see them, either)Did the hyper local Manhattan loft market in one Flatiron 2005 era new development improve by 13% in … (wait for it) … 6 days? Sounds ridiculous, right? Well, the “2,259 sq ft” Manhattan loft #8A

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particularly deep trough discovered, as 335 Greenwich Street loft sells 31% over 2009

some stories never get oldI can’t explain why, but I take particular pleasure in noting Manhattan loft sales that hit a particular narrative. In this case, the narrative for the recent sale of the “1,600 sq ft” Manhattan loft #5A

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233 West 26 Street loft closes up 13% over 2008 (!) but down 6% since 2006 (!!)

‘tis a puzzlementThe last three times the “1,450 sq ft” duplex Manhattan loft #1E at 233 West 26 Street sold, the clearing prices from bottom to top were $1.33mm, $1.25mm, and $1.11mm. The dates from old to new were January

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height makes a small difference as Altair 20 lofts sell at 15 West 20 Street

expectations are met (mine, anyway)The 2007 new development to residential living known as Altair 20 at 15 West 20 Street (a sibling to Altair 18 at 32 West 18 Street) faces a taller building across 20th Street, so you would

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166 Bank Street loft with 30 year-old river views got for $1,188/ft in far West Village

go figure: Jersey views not as valuable, even with a riverContinuing a sequence of view posts, today’s edition features a loft in pretty primitive condition (like yesterday’s) with major bragging about views (like yesterday’s). Unlike yesterday’s September 13, quintessential artist

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