nicely played, sir (& madam); nicely played For people with an ‘investment’ approach to Manhattan residential real estate, this is how it’s done: buy at $3.35mm, sell 14 months later at $4.085mm. Everyone would do that if they could,…
Tag: Greenwich
late original buyer at 415 Greenwich Street flips Tribeca Summit loft for fun and profit
Tagged with: 2006, 2008, Comps, Flip, Greenwich, Neighbor, New Development, Risk, Sponsor, Tribeca Summit
very patient (and secretly negotiable) famous seller finally sells 497 Greenwich Street loft at 17% discount
why do people do that? The seller of the “1,661 sq ft” Manhattan loft #6B at 497 Greenwich Street (the Winka Dubbeldam-designed Greenwich Street Project) told The Market she wanted $2.35mm, but when push (eventually) came to shove she…
penthouse loft at 363 Greenwich finally sells, only 29% above 2004
The Market contains a multitude of data points One of the nice things about being with one of the largest residential real estate brokerages in Manhattan is that our listing system has some very rich past sales data about…
Tagged with: 1999, 2004, Duplex, Efficient, Greenwich, Outdoor Space, Penthouse, Renovation, Terrace, Zen
huge renovation premium for (awkward?) 251 West 19 Street that last sold in 2010
market didn’t mind dropping more ceiling The math on the recently resold “1,630 sq ft” Manhattan loft #1D at 251 West 19 Street is pretty impressive: sold on February 27 at $1.76mm after a renovation by the folks who…
when beautiful things happen to high ceilings / 720 Greenwich Street loft sells big after mezzanine re-do
it’s nice when it worksHow big does the footprint of the Manhattan loft #1J at 720 Greenwich Street (floor plan here) look to you? Put aside for the moment the high ceilings that permit a mezzanine and do the math;…
Tagged with: Alchemy, Ceiling, Greenwich, Lofted, Mezzanine, Peak, Renovation, Tax Uncertainty, Volume, Windows
Dietz Lantern loft at 429 Greenwich Street sells for $1,186/ft with one wall
more to be added, probablyThis floor plan exemplifies one of the things I like about Manhattan lofts: the (general) absence of load-bearing elements gives a loft owner remarkable flexibility, well beyond the level the owner of a Manhattan “apartment” would…
Tagged with: Barrel Vault, Ceiling, Comps, Dietz Lantern, Greenwich, Neighbor, One Bed Wonder, Renovation, Staging, View
Gansevoort loft at 321 West 13 Street sells for a very high price, but not a record (alas)
it’s been that kind of seasonWhether driven by fear of the 2013 tax man or just by a collection of macro economic factors (ha! January 4, in which Manhattan Loft Guy bravely calls BS on the Market Trend Meme Of…
Tagged with: 2008, Ceiling, Comps, Gansevoort, Greenwich, Kitchen, Neighbor, Record, Views, West Village
particularly deep trough discovered, as 335 Greenwich Street loft sells 31% over 2009
some stories never get oldI can’t explain why, but I take particular pleasure in noting Manhattan loft sales that hit a particular narrative. In this case, the narrative for the recent sale of the “1,600 sq ft” Manhattan loft #5A…
Tagged with: Broker Babble, Efficient, Greenwich, Hanover River House, Jay, Light, Rebny, Square Feet, Trough, View
how the pros do it: 497 Greenwich Street loft was bought low, sold high
it took cojones to buy thenThe semi-famous folks who just sold the “2,541 sq ft” Manhattan loft #7A at 497 Greenwich Street in the extreme western edge of “Soho” (this micro-nabe does not feel like Soho to me, but I’ve…
Tagged with: Architect, Deniro, Disclosure, Discount, Greenwich, Nuclear Winter, Owner, Owner Broker, Pros, Winka
10 months + 4 price drops to contract for 124 Hudson Street loft to sell 16% over 2007 but only off 5% from original ask
much ado, much profitThe folks who bought the “2,057 sq ft” Manhattan loft #4B at 124 Hudson Street in April 2007 just sold it for a gain of 16%. That’s nice work. Weird thing is that it took a while…
Tagged with: 2001, 2007, Classic, Comps, Greenwich, Hudson, Neighbor, New Development, Peak, Rent V Buy
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