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…
Tag: Kitchen
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
20 East 17 Street loft sells plus 6% over Peak
after some workThere are other fun stories here, but the big story in the listing history of the recently-resold “2,125 sq ft” Manhattan loft on the 7th floor of 20 East 17 Street is the increase of $129,000 from the…
when the market does not appreciate your renovation, appreciation is limited (43 West 21 Street loft edition)
numbers don’t lie, but they can obscureIf you look at only the October 5 sale of the “1,850 sq ft” Manhattan loft on the 3rd floor at 43 West 21 Street (at $2.04mm) and its most recent resale (July 24,…
245 Seventh Avenue loft got the memo about 2007 pricing, sells at (small) premium
which number is most impressive?There are several impressive numbers associated with the sale on August 16 of the “2,258 sq ft” Manhattan loft #3A at 245 Seventh Avenue for $2.8mm: that was the 6th time the loft has sold since…
Diamond Duane mini-loft sells above 2008 after adding space(!)
you don’t see that every dayThe Manhattan loft #4C at 137 Duane Street that just sold for $949,000 was marketed with a floor plan that was billed as “approximately 825 square feet” (bless that babbled modifier!), but when it was…
Tagged with: Anniversary, Birthday, Developer, Diamond Duane, Duane, Efficient, Kitchen, Rational, Square Feet, White Box
motivated (proud?) seller picked the wrong price at 315 West 23 Street loft, again + again
new kitchen had to be some help, right?One story for the Manhattan loft #12A at 315 West 23 Street (the Broadmoor), which cleared the market at $1.135mm on August 24 is that was down nearly 20% from The Peak, but…
little loft, big price for 720 Greenwich Street loft
a Pinched Long-and-Narrow??I am not going to say that the footprint to the “740 sq ft” mini loft #4C at 720 Greenwich Street is the strangest for a Manhattan loft, because I am still young and there are so many…
Tagged with: 2005, Babble, Greenwich, Kitchen, Longandnarrow, Miniloft, Mortgage Costs, Renovation, Rent, West 12
682 Broadway loft sells up 33% since 2007 after moving some walls
[updated Oct 2]or somethingWhen the “3,000 sq ft” Manhattan loft on the 3rd floor at 682 Broadway sold on August 25 at $4mm, it added another data point to a line with a steep slope. The loft last sold on…
was there a million dollar renovation at 195 Hudson Street?
I doubt that they (much) improved on state-of-the-artThe “3,227 sq ft” Manhattan loft #5B at 195 Hudson Street has had a rather … dynamic … pricing history, leading to an unanswerable conundrum for me: how much of the increase in…
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