“masterful renovation” does not explainThe story line for the recent sale of the “2,564 sq ft” Manhattan loft #6R at 48 Great Jones Street seems pretty obvious from the broker babble and the price history. The loft has been “[m]asterfully…
Tag: Efficient
why did 48 Great Jones Street 1-bedroom loft sell 18% above Peak value?
Tagged with: Bond, Comps, Efficient, Field Of Dreams, Great Jones, Micronabe, Neighbor, Peak, Rational, Renovation
keeping quiet about resale of 124 West 24 Street loft at 20% over 2007
at the mercy of the bureaucratsBecause the “1,097 sq ft” Manhattan loft #3A at 124 West 24 Street (124W24; ugh!) sold on December 28, it is not new; but the deed was not filed until March 5 so it is…
Tagged with: Comps, Convertible, Efficient, Neighbor, New Development, Peak, Rational, Sponsor, Streeteasy, West 24
how did $25,000 price drop do the trick for loft at 263 Ninth Avenue?
my fickle mistressIf there is one thing that I hope that regular readers of Manhattan Loft Guy have gotten from their reading is that “The Market” captures macro trends while the market value of individual properties are determined by individual…
efficient market for “A” lofts at 130 West 30 Street
a shower with views!I don’t know that I have ever seen a Manhattan loft marketed before emphasizing shower views, so the campaign for the “1,394 sq ft” loft #14A at 130 West 30 Street (the Cass Gilbert) (“en-suite marble bath…
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…
Tagged with: 1996, 2005, Cast Iron, East 11, Efficient, Floor Plan, Gut, Kitchen, Mezzanine, Renovation
150 Nassau Street mini-loft sells at about 2004 pricing
off 14% from 2007, 9% from 2005You know that I love to talk about where a recent loft sale fits on the calendar, meaning whether a recent loft sale was at par with a past resale in, for example, 2007.…
600 sq ft loft that “comfortably sleeps 8” sells at 21 East 22 Street, with happy back story, and different front story
telling part of your story on TVIt is a cliche to say that there are 8 million stories in the naked city, but it is also true. The listing description for the “600 sq ft” Manhattan mini-loft #6G at 21…
Tagged with: 2003, 8 Million Stories, Design, East 22, Efficient, Hgtv, Mini Loft, Ny Times, Sleep Loft, Television
53 N. Moore Street loft finds right price, eventually, to sell, eventually
I love historyThere is much to love about the listing history of the “1,746 sq ft” Manhattan loft #3A at 53 N. Moore Street (the North Moore) that sold eventually (in case you missed it in the title) for $2.3mm…
57 Walker Street loft sells for 21% more than neighbor a year ago
overly restrained babble is pretty much unheard ofHave I mentioned lately that (yes) … comping is hard? When the “1,850 sq ft” Manhattan loft #4B at 57 Walker Street sold on October 12 at $2.04mm, that closing capped a successful…
Diamond Duane mini-loft sells above 2008 after adding space(!)
you don’t see that every dayThe Manhattan loft #4C at 137 Duane Street that just sold for $949,000 was marketed with a floor plan that was billed as “approximately 825 square feet” (bless that babbled modifier!), but when it was…
Tagged with: Anniversary, Birthday, Developer, Diamond Duane, Duane, Efficient, Kitchen, Rational, Square Feet, White Box
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