that courtyard is not a premium viewLong-time readers know how I feel about the Chelsea Mercantile building at 252 Seventh Avenue: the building that created the market for high-end residential lofts in this micro-nabe. (The 17 Manhattan Loft Guy posts…
Tag: Floor Plan
interesting pricing gambit does not work as 214 West 17 Street loft sells at 14% discount, 22% from first ask
how does that “if at first you don’t succeed …” thing work?No diversion today, as I missed a weekday of substantive Manhattan loft blogging. (if you are disappointed, call 3-1-1.) One way to look at the recent sale of the…
Tagged with: Combination, Comps, Conventioanl Wisdom Miller, Discount, Floor Plan, Negotiation, Neighbor, Renovation, Vtoy, West 17
195 Hudson Street loft takes deep haircut to close up 385% (since last century)
speaking of low-balls …Since the “2,325 sq ft” Manhattan loft #3D at 195 Hudson Street recently sold at $2.85mm after having been asking $3.5mm, you have to wonder just how low that negotiation started. A negotiated discount of 18.6% implies…
Tagged with: Bidding, Comps, Discount, Floor Plan, Glass Walls, Hudson, Low Ball, Negotiation, Neighbor, Renovation
minty 45 Walker Street loft sells under $1,000/ft with no discernible big loft premium
a Big Gulp indeedThere’s a lot to be distracted by about the “4,781 sq ft” Manhattan loft on the 3rd floor at 45 Walker Street in northeastern Tribeca (triple mint renovation in a classic Tribeca loft space, the scale of…
Tagged with: 2003, Ceilings, Comps, Floor Plan, Large Loft, Neighbor, New Development, Penthouse, Walker, Windows
150 Nassau Street loft takes 4 tiny price drops + 8 months to get deal
is “important” a new category of renovations?On the one hand, I applaud an agent’s attempt to think outside the box (or, outside The Broker Babble Primer); on the other hand, I am not sure how I feel about “important renovations”.…
Tagged with: Brooklyn Bridge, Comps, Den, Financial District, Floor Plan, Nassau, Neighbor, Pantry, Renovation, Views
8 months to contract at 6.5% discount for 151 West 17 Street loft
did Conventional Wisdom takes another shot to the head, or did CW slip the punch?You know the Conventional Wisdom about asking prices and time: that a listing professionally exposed to The Market for enough time without having selling is at…
Tagged with: Campiello, Comps, Conventional Wisdom, Floor Plan, Layout, Light, Neighbor, Rational, Views, West 17
water fountain view from Chelsea Mercantile loft worth only $1,040/ft
what would you pay for a (real) view?I had some fun in my January 20, privileged Chelsea Mercantile loft clears near $1,700/ft at 252 Seventh Avenue, talking about what spectacular views are worth at the Chelsea Mercantile (in two cases…
Tagged with: Chelsea Mercantile, Courtyard, Empire State, Floor Plan, Seventh, Skyscraper, Statue Of Liberty, Views
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
long-time Ruggles House owner sells ready-for-renovation loft at 112 East 19 Street
quick deal aside from that one hiccupIt looks as though the seller of the “1,950 sq ft” Manhattan loft #3R at 112 East 19 Street (the Ruggles House) has been in the building since at least since 1983. That’s as…
Tagged with: 1970s, 1980s, Architect, Dream, East 19, Floor Plan, Neihgbor, Renovation, Ruggles, Square
why did The Market put the hate on 2nd floor loft at 69 Murray Street?
$824/ft = hateThe mis-placed ‘master bedroom’ cannot be the only reason that The Market treated the Manhattan loft #2 at 69 Murray Street so shabbily; after all, that should just be a small demo job to fix. But there must…
Top
Follow Us!