head-scratching ensuesThere’s a Manhattan loft new to market in a building that has had a fair amount of activity in the past couple of years. One bit of that activity was this very same loft, selling in February for $1.73mm.…
Tag: Flip
getting out of the Zinc with some of shirt, as 475 Greenwich flips
not much fun, or profitThe Manhattan "loft" #3A in the new building dubbed Zinc, 475 Greenwich Street (love the Tribeca pix and Talking Heads on the building’s website), sold in the first offering for $2.45mm and was immediately (10 days;…
at 260 Park Avenue South 2006 = 2009
up, then down (probably not flat)The Manhattan loft #4-I at 260 Park Avenue South sold in March $2,000 lower than these sellers paid in July 2006. Had they been marking to market all along (tracking their real estate investment), they…
flipping over a kitchen?
from top to …. now (counter-intuitive) Can we agree that the peak of The Market was 1Q08? (Maybe not for very single property, I know, but let’s speak generally about that.) Then how to explain this Manhattan loft, newly…
flipping on your head (ouch) in Chelsea / from 2002 to 2007, returning to 2009 … then 2006 or earlier??
off 10-15%, at leastIt feels as though it has been a while since I posted in the too pushy …? thread but here’s one that reminds me that the thread always had that "?" in it. There’s a Manhattan loft…
chasing a dream or waking up from a bad dream, as they chase The Market down
stepping in a down market, easier said than done, always painfulThere’s a new-ish listing in an architecturally significant Manhattan loft conversion from this century that hit numerous Manhattan Loft Guy buttons: it is (another) one of those eight million stories;…
flipping for fun, not profit, in Soho
is it only ‘triple’ mint if you use more then 3 X’s?Soho doesn’t much more prime than the location of this new-to-market Manhattan loft that has caught my eye. Nor does a listing description get much more enthusiastic than this…
(kinda) quick trip to closing, but a long trip off ask at 147 Waverly Place
flipping can be stressful, no? (+ exciting) The story of the marketing and sale of Unit 1E at 147 Waverly Place (a ‘successful’ flip) is not a long story (except as I tell it), but it packs a punch. But first,…
Tagged with: 2006, Closed Sale, Flip, New Development, Price Drop, Real Deal, Sixth Avenue, Theater, Waverly
a good time to go for pricing records, or are flippin' owners just pushing it?
bullish on sex appealThere’s a pretty new listing in one of those veddy veddy architecturally significant new Manhattan loft developments that has me scratching my head. Then another one popped up in a less significant but still pretty new new…
did developer leave a lot of money on the table in 2007?
pushing past the pastThere’s a resale that caught my eye, a new construction Manhattan loft that was marketed in 2006 and closed in 2007. This Tribeca unit closed in the first offering at $1,100/ft after the developer dropped the price…
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