how’d that happen?It is difficult to argue that the block of Mercer Street just below Houston Street is Prime Soho, what with Silver Towers and NYU just to the north, but it certainly is a convenient location. And it is…
Tag: Longandnarrow
11 West 20 Street loft zooms through market, beats higher floor
it’s the renovation, MarsIf you blinked in June, you missed the Manhattan loft on the 5th floor of 11 West 20 Street. This "2,205 sq ft" full floor condo loft came to market on June 2 and was in contract…
Tagged with: 2006, 2009, Barrel Vault, Competition, Comps, Discount, Longandnarrow, Neighbor, Renovation, West 20
171 Duane Street loft closes at 12% premium, contract in 3 weeks
"every once in a while …", indeedEvery once in a while, a listing description not only does justice to the loft listed but to potential buyers, giving an appropriately enthusiastic description of the loft instead of merely babbling. The Manhattan…
Tagged with: Architect, Bidding War, Comps, Duane, Inefficient Market, Longandnarrow, Neighbor, Renovation, Velocity
some lofts still get hammered, as 554 Broome Street sale shows
on the other hand …With all the talk on Manhattan Loft Guy (and elsewhere) about the 2010 market being a more active and deeper market than 2009 (for example, my July 7 post, 12 examples of the (rapid) velocity of…
56 East 11 Street loft was hot in 2005, sold again in 2010
those were the days!When the Manhattan loft on the 8th floor at 56 East 11 Street came to market at $1.899mm way back on November 11, 2004 it was a hot, hot, hot listing, finding a contract within two weeks…
another sign that 2010 is not 2009, as 60 West 15 Street loft sells
today’s trend: trying again might workYesterday’s post, 12 examples of the (rapid) velocity of the Manhattan loft market, provided data confirmation that the velocity of the Manhattan loft market was pretty high, at least for the last three months. Today…
sale at 97 Crosby Street is a Big Deal for NY Times (for wrong reason)
Old Grey Lady shoots for hip, missesDid anyone else find this piece in the Big Deal feature of Sunday’s real estate section of the NY Times weird? In Rachel Comey Buys SoHo Loft, reporter Liz Harris emphasizes her lack of…
if at first … 24 East 22 Street closes after trying again, and again
a long strange tripThis is one of those posts that changed 180 degrees in a long gestation. It had a simple starting point (a Manhattan loft sold that had been marketed in 2006), with an extended series of didn’t sell…
62 Orchard Street closes on the button, at the ask
useful comp, no?At the risk of flaunting my ignorance, I am not aware of many true lofts on the Lower East Side, a neighborhood in which the typical (old) housing stock is the tenement. 62 Orchard Street is a true…
Tagged with: 1998, Comps, Halstead, Longandnarrow, Neighbor, Ny Times, Orchard, Orenstein, Pioneer, Renovation
42 West 15 St closes where it couldn't in 2008
weird but trueThe most intriguing thing about the recent closing of the Manhattan loft on the 2nd floor at 42 West 15 Street is not that the March 15 clearing price of $1.675mm was $24,000 off of where it previously…
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