the only way to get a bargainThere are over 300 loft resales in 2012 on my Master List of Manhattan Lofts Sold Since November 2008, the vast majority of which have $/ft calculations, and only 19 of those lofts sold…
Tag: Efficient
130 Fulton Street loft sells 4% over 2007, but there’s a really big catch
not a market-driven increase, even if a market priceReaders who remember my September 27, 2011, is the Manhattan loft market back to (up to) 2007? 61 repeat sales say “probably”, “a bit” (one of my favorite posts of 2011), will…
60 Beach Street gut loft project goes for gold, gets world record
I do not understand this. At. All.I am going to posit that pretty much all of the sales history of the recently sold “2,557 sq ft” Manhattan loft #4D at 60 Beach Street makes no sense: sold by sponsor Dec…
Tagged with: Beach, Efficient, Empty, New York Times, Primitive, Rational, Renovation, Sponsor, Staging, Sweetheart
sometimes the bear gets you: 245 Seventh Avenue mini-loft sells 22% off from peak sale
Froth + Peak + Trough + Thaw need a 5th stepKnowing that the last time the “981 sq ft” Manhattan loft #4C at 245 Seventh Avenue was almost exactly at The Peak of the overall Manhattan residential real estate market,…
double bold-faced loft sale at 354 Broome Street: a harbinger or just a Bright Shiny Object?
getting tired of the Jedi mind trickThe recent sale of the Manhattan loft #3H at 354 Broome Street was a Bright Shiny Object for Jessica Gould Keil in the New York Post last week, in part because she was able…
Tagged with: Broome, Celebrity, Cops, Efficient, Jedi Mind Trick, Keil, Neighbor, New York Post, Rational, Renovation
7 Essex Street loft goes for Peak, wins!
nice when it worksBefore the recent sale of the “1,584 sq ft” Manhattan loft #7A at 7 Essex Street at $1.6mm, the last loft in the building to sell at or above that price was way back at The Peak,…
Chelsea House loft re-seller takes 51 weeks to get 7.5% discount, closing pennies below 2007 purchase
the birthday was a happy oneBy the time the sellers of the “1,250 sq ft” Manhattan loft #9F at 130 West 19 Street (Chelsea House) blew out one candle, the loft had been in contract for 5 days, so the…
Tagged with: 2006, Apartment, Chelsea House, Efficient, Floor Plan, Layout, New Development, Rational, Resale, West 19
MLG fave loft at 130 West 17 Street again shatters expectations, sells 1.7% above Peak
non-commodities can be hard to valueit is a good thing I am not sensitive, because I have once already been surprised by the clearing price of the recently re-sold “2,150 sq ft” top floor Manhattan loft #9S at 130 West…
Tagged with: 2008, Aggressive, Comps, Efficient, Field Of Dreams, Neighbor, Renovation, Roof Rights, Square, West 17
offered with permission to dream, 5 East 16 Street photographer's loft sells at $862/ft, most likely
live-work, with very different living and working spacesThe large Manhattan loft on the 9th floor at 5 East 16 Street was marketed as a “photography studio plus 2 bedroom 2 bathroom home” in the marketing that lead up to its…
Tagged with: Artist, Comps, East 16, Efficient, Exposure, Livework, Neighbor, Photography, Primitive, Renovation
“great bones” 100 Hudson Street loft sells above where it “should” have
the best comps are close in time, size and location, with few adjustmentsApparently The Market thinks that the difference between “1,100 sq ft” of “great bones” and “1,100 sq ft” of “meticulous renovation” and “superb craftsmanship” is $92,500 in Tribeca.…
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