follow the bouncing podsThere have been 3 August sales of Manhattan lofts in that oh-so-stylish 2007 new development Jade at 16 West 19 Street, one just below the sponsor sale price and two just above. Caption the pod experiment as…
Tag: Kitchen
painful renovation of 22 Wooster Street loft nets $550k over Peak
errr … “painstaking”I loved the huge 2-bedroom (“3,200 sq ft”) Manhattan loft #4C at 22 Wooster Street when I saw it with some buyers when it was asking $4.35mm, but not so much that my people bid on it. The…
137 Duane Street loft seller makes same mistake that developer made
eventually bites bullet, like developerIt was deja vu all over again, as the “3,000 sq ft” Manhattan loft #2E at 137 Duane Street (Diamond Duane) finally sold on June 30 for an even $3mm. The listing history is full of…
Tagged with: 2006, 2008, Developer, Duane, Eleventh, Failed Contract, Kitchen, Naked City, Renovation
does a $300,000 silver kitchen account for a Peak+10% gain at 889 Broadway?
probably not, but look at gain since 2007The “2,400 sq ft” Manhattan loft #3A at 889 Broadway (Gorham Mfg Co Building) sold on June 28 for $2.95mm with some exuberant broker babble. Since the loft was purchased by these recent…
interesting loft sale at 260 Fifth Avenue, but Observer gets it wrong
why do they do that?The New York Observer reported yesterday that the Manhattan loft on the 8th floor at 260 Fifth Avenue sold for $3.95mm but, as you will see in a minute, it didn’t. It was a newsworthy event…
stubborn loft seller at 44 Laight Street takes a year to get right (great!) price
another one that fractures (proves?) Conventional WisdomThe Manhattan loft #2A at 44 Laight Street sold on May 9 without a price drop despite taking 11 months to find that contract. Let’s repeat what we know about Conventional Wisdom and a…
Tagged with: Comps, Kitchen, Laight, Longandnarrow, Longandwide, Neighbor, Renovation, Stubborn, Volume
partying pair purchased at 10 Leonard Street / prefer kitchen or skylights?
embracing loft diversityThe Manhattan loft building at 10 Leonard Street has only 16 units, but two of them sold this month. Though both are said to be about 1,700 sq ft and are newly renovated, they are different from each…
late bidding war for another forever loft, as 714 Broadway goes for $613/ft, or more
what’s the story?The best single way to sum up the March 17 sale of the Manhattan loft on the 2nd floor at 714 Broadway is to say that it is rich in angles. Or that it will take many hands.…
710 Broadway loft sells at $1,000/mo premium over 2005 sale, almost
not a typical metricOne way to look at the March 1 sale of the full floor Manhattan loft on the 5th floor at 710 Broadway is that the clearing price of $2.035mm is a record for the building, exceeding even…
Tagged with: Appliances, Bath, broadway, Classic, Duplex, Kitchen, Mezzanine, Primitive, Renovation, Studio
working artist leaves Tribeca for … the East Side?? the New York Times hunts for the reason
oyAs with so many searches profiled in The Hunt feature in the Sunday New York Times real estate section, there is a logic to the decision made by today’s Hunt-er (Space Wanted for Living and Painting) that took him from…
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