Tag: Gut

market cruelty or mean streets? gut renovated sundrenched 347 West 39 Street loft closes at $675/ft, unadjusted for terraces

John McCain was rightNo, John McCain was not talking about Manhattan lofts, but is there anything more cruel than the history of the “2,000 sq ft” Manhattan loft #8E at 347 West 39 Street? To market on August 11, 2011

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loft on top of 303 Mercer Street sold with a very expensive roof deck

meanwhile, back at Snug Harbor …Now that I have gotten that record-keeping rant out of my system and onto the intertubes (May 30, did it really take 3 contracts to sell top floor loft with private roof at 303 Mercer

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did it really take 3 contracts to sell top floor loft with private roof at 303 Mercer Street for 99.3% of ask?

I hate these fuzzy historiesThis much we know: the Manhattan loft triplex with roof terrace #A608 at 303 Mercer Street (in the oh-so-poetic Snug Cove [oops] Harbor 3-building coop) came to market on July 5, 2011 at $2.995mm and closed

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playing with 475 Broadway loft comp that is up +58% over 2004

right facts and wrong facts; helpful facts and distractionsI’ve been having a running conversation with a very savvy client about values in Soho, including market trajectory currently and in recorded history. He is wondering about a classic Soho loft that

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higher floor, higher price: artist loft at 81 Grand Street sells high, 4 flights up

new kitchen, thoughIt is hard to tell from the broker babble exactly how much renovation would be needed, given the condition of the “classic” Manhattan loft that just sold on the 5th floor at 81 Grand Street. New kitchen aside,

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Los Angeles loft lover buys mini-loft at 720 Greenwich Street

lack of east coast windows is no biggieWould you trade a “1,486 sq ft” downtown loft in a former toy factory with great open city views for a “700 sq ft” West Village loft in a former printing factory with

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endless possibilities cost $1,160/ft in quiet Noho, at 325 Lafayette

are you following the disconnect here?Yesterday it was an artist’s loft of “3,300 sq ft” in the bottom of Soho that cleared for $742/ft (April 16, artist loft clears at $742/ft in south Soho, 307 West Broadway). Today it is

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OYATOMLG / 714 Broadway loft sale provoked on size, bidding wars, Peak values

a rich brewIt has been a while (yes, another Note To Self … reminder) since I have done any look-back posts, dipping into the Manhattan Loft Guy archives for posts that are one (OYATOMLG), two (TYATOMLG), or more years old

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395 Broadway loft sells at $1,174/ft, a relative bargain to a gut job

is there a gut premium?The “1,163 sq ft*” Manhattan loft #11A at 395 Broadway just sold in mint-y condition at $1.365mm, or $1,174/ft, in the northeast corner of Tribeca. That compares very favorably to the last “A” line sale here,

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Soho gut job for $762/ft, as 81 Grand Street loft sells after 14 months, 5 price drops

did I mention that comping is hard?This one hurts. The “1,575 sq ft” Manhattan loft on the 3rd floor at 81 Grand Street sold on January 17 at $1.2mm, apparently in line with the sale of the 4th floor in

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