Tag: Expenses

hyper-local penthouse loft market at Church + Leonard up 9% since January

resale was way up, but profit … don’t ask The guy who just sold the “2,135 sq ft” penthouse loft #5 at 249 Church Street may have worried when he paid 11% over the ask to buy it in what must

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massive headline fail over first flip at One57, by folks who should know better

not chump change, but the actual gain is neither “close to $4mm” nor “$3.5M profit” Hat tip to The Real Deal blog yesterday for linking to Thursday’s New York Daily News report about the first unit to flip at the media magnet

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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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