WTF?Head scratching time for Manhattan Loft Guy …. When the Manhattan loft #2C at 165 Hudson Street sold at $1.655mm in 2005 they said “This won’t last!!!” and they were right. (Prior listing not on StreetEasy, but is in our…
Tag: Efficient
28 Laight Street loft sale under-performs neighbor's sale
not like young Yankee pitchersThe Manhattan loft #5C at 28 Laight Street (Cobblestone Lofts, converted to condominiums in 2001) came to market last Fall just two days after the neighbor downstairs in loft #2B went to contract. These neighboring lofts…
Tagged with: Cobblestone, Competition, Comps, Efficient, Holland Tunnel, Laight, Neighbor, Rational, September 11, Yankees
28 East 4 Street loft closes up 9% over 2006, at 5% discount to ask
what took so long?Can we agree (just between us) that a Manhattan loft that sells at a 5% discount from first listing price has been priced right? Can we also agree that a Manhattan loft that has not sold or…
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…
Tagged with: Cast Iron, Comps, Correction, East 11, Efficient, Neighbor, Outdoor Space, Poster Child, Small Loft
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…
Tagged with: Cast Iron, Comps, Duplex, East 11, Efficient, Neighbor, Outdoor Space, Penthouse, Poster Child, Roof Deck
80 Chambers Street loft takes a year to go from $3.5mm to $2.75mm in an efficient (gasp!) micro-market
at least it got a birthday presentWhen the Manhattan loft #15F at 80 Chambers Street sold on March 17 at $2.75mm that closing capped a marketing campaign that started on February 11, 2010 at $3.5mm. In exchange for the 21%…
why did Carl Fischer loft re-sell at 62 Cooper Square for +21% over 2008?
do my questions suggest I am getting dumber?I can’t say that I really enjoy taking note of things that happen in the Manhattan real estate market that I don’t understand, but they do interest me. I hit one such interesting…
NY Post “Just Sold” loft at 7 Worth Street was a Manhattan Loft Guy hit on December 21
anybody read The Post?Yesterday’s typical “Just sold!” Thursday feature in the Real Estate section of the New York Post (a feature with this promising sub-head: “The latest info about recent sales — in your back yard and beyond”) included a…
different story for this Chelsea House loft: started with Lehman, ended up off 22%, but up 6.5% lifetime
fighting or flighting, double reduxWhen I started yesterday’s post about a recent sale at 130 West 19 Street (February 11, persistence pays for Chelsea House loft (that, and the right price)) I actually intended to write about a different loft…
Tagged with: Chelsea House, Conumdrum, Diappointed Seller, Efficient, Fair, Fight, Lehman, Loss, Price Drop, West 19
persistence pays for Chelsea House loft (that, and the right price)
and a willingness to take a hitA quick look at the listing history of the Manhattan loft #7B at 130 West 19 Street (the newly-built-in 2006 Chelsea House) suggests a theme of price right to sell quickly, as it came…
Tagged with: Chelsea House, Conumdrum, Diappointed Seller, Efficient, Fair, Fight, Lehman, Loss, Price Drop, West 19
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