Tag: Flip

nice flipping loft at 49 Howard Street

aka 307 Canal StreetThis building caught my eye this week when I noted the Manhattan loft #3N at 49 Howard Street was sold on October 13 to a Swedish couple for $1.9mm after having been bought in February 2008 for

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divorce + dollars / 111 Hudson Street loft sale is painful on several levels

got coffee?I had some buyers who were almost-but-not-quite-interested in the renovation project that is the Manhattan loft on the 5th floor at 111 Hudson Street, so I was intrigued enough when it sold on June 28 to track back a

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the vultures next door / 505 Greenwich sells to neighbor

seemed like a good idea at the time (2008), no?Take a photograph of the folks who just sold the Manhattan loft #8C at the 2005 new development 505 Greenwich Street and put the photo in the gallery labeled We Rue

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flipping (down) at One York / is this the first resale?

the first resale a fire sale?Looks to me as thoughthe Manhattan loft  #4F at 1 York Street (imaginatively known as One York) has been the first to flip, and it was not a happy Ozzie Smith flip. These April 9

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new development limping towards finish line

  will it cross?There’s a new development property that has been offering Manhattan lofts for sale for so long that I used to regularly refer to it when I commented on active listings of other firms. When I noted a

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did 525 Broome Street get value for the 2008 renovation?

paired sale shows apparent gain over 2008The major improvement to the Manhattan loft sales data I aggregated into a Google Docs spreadsheet and posted (as MLG #1,000 on August 23) (click here to access it in the cloud) is that

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does not compute / 2007 + 10% = no sale?

will aggression be rewarded? (you can guess)A not-quite-recent new listing of a Manhattan loft caught my eye because it is in a building in which i have recently looked at a recent sale compared to past sales, and found a

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will pricing 25% below 2007 hit The Market in a sweet spot?

will a modest asking price be rewarded?There’s a lovely Manhattan loft newly offered for sale at about 15% above where it was bought brand new 4+ years ago. Why do I think this is a modest asking price? Neighbors downstairs

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shorn but sold at 109 Greene Street

doing what you have to doThe Manhattan loft #2B at 109 Greene Street has sold three times since it was brand spanking new in 2005. This is going to get bumpy, but let’s get out some facts (closing dates and

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The Memo was delayed? / flipper now under year-old price

  progress, but enough?? I blogged about a Manhattan penthouse loft way back when (when I was posting about current listings) that ended up selling last year pretty close to the ask, which surprised me a bit. (I restored the

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