known unknowns abound I am not unusual in always being interested in the impact that renovation has on value; most people who try to follow a residential real estate niche share that interest. I flatter my niche, perhaps, in thinking…
Tag: Gut
56 Warren Street loft renovation added more value than it cost
Tagged with: 2007, Bathroom, Broker Babble, Comps, Gut, Neighbor, Primitive, Raw, Renovation, Warren
original condition loft at 1 Hudson Street goes well above ask
location, location, location Stop me if you’ve heard this before: a Manhattan loft that needs pretty much everything sails through the market above ask. That’s the story with the "2,000 sq ft" Manhattan loft on the 8th floor at…
Tagged with: 2008, Bogardus, Comps, Gut, Hudson, Neighbor, Renovation, View, Windows, Woolworth Building
huge 40 West 22 Street loft sells at $916/ft as canvas, actors' theater
not a mix of metaphors In babbling that the “4,150 sq ft” Manhattan loft on the 5th floor at 40 West 22 Street as “your canvas awaits” the agent committed metaphor; in saying that the loft “is currently designed…
“recently renovated” 7 East 17 Street loft sells 18% over 2011 sale (as “newly renovated”)
there are no rules Of course there are no rules about how many calendar pages can be torn off before a listing should no longer be described as “newly” or “recently” renovated. In the case of the “2,774 sq…
Tagged with: Broker Babble, Closets, Comps, East 17, East 18, Gut, Layout, Neighbor, Outdoor Space, Renovation
not new news, but Sonic Youth sell close-to-raw loft at 292 Lafayette at $1,033/ft
figures, right? You’d never see this kind of color in a listing description (darn), but the loft that was described in New York Magazine in the 1990s as “a perfect combination of total trash and sweet shine” has been…
Tagged with: 1990s, Cbgb, Gut, Lafayette, Musician, Primitive, Raw, Renovation, Rock Star, Sonic Youth
took a while for architects to wake up to gut project loft at 39 Worth Street
why so long to get to small discount? The broker babble for the “2,000 sq ft” Manhattan loft #2W at 39 Worth Street in Tribeca’s business district is not subtle: AN ARCHITECT’S DREAM Bring your design team to this classic…
tapered Flatiron project loft at 10 East 18 Street sells for $905/ft
the single bathroom is a tellThere are not many Manhattan lofts that are as large as the “2,874 sq ft” #5N at 10 East 18 Street (at the north end of the condominium 7 East 17 Street) that only have…
Tagged with: Bathroom, Broker Babble, East 17, East 18, Floor Plan, Gut, Layout, Longandnarrow, Renovation, Windows
working artist loft at 121 Mercer Street sells just under $1,000/ft
it doesn’t get any more arty than thisThere are artist’s lofts and then there are artist’s lofts. The “2,000 sq ft” Manhattan loft on the 2nd floor at 121 Mercer Street deep in the heart of Soho is recognizably an…
if gut renovation loft at 33 Greene Street went for $1,188/ft the roof rights were free
playing with numbersWhat is your guess as to what a $4mm buyer would pay to gut renovate a ”3,200 sq ft” classic Soho loft? Let’s say a minimum of $250/ft for ballpark purposes, so figure that the recent buyer of…
Tagged with: Broker Babble, Ceilings, Department Of Buildings, Due Diligence, Greene, Gut, Renovation, Roof Deck, Roof Rights
2 years to contract for 139 Spring Street artist's loft
one birthday is bad enough…It is a little unfair of me to say it took two years for the recently sold “2,522 sq ft” Manhattan loft #3B at 139 Spring Street find a contract, even though the loft was brought…
Tagged with: 2002, Artist, Birthday, Conversion, Gut, Odyssey, Primitive, Renovation, Spring, Wooster
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