market extrapolation can be hard, but this loft sale comp is a non-sale of same loft Stop me if you’ve heard this before: an “index” is a proxy for The Market, just as a market report is a summary of…
Tag: Madison
“efficient market” loses out to actual seller and actual buyer of 76 Madison Avenue loft
Sandy Mattingly
Posted in loft neighborhoods nomad, pricing analysis, psychology of the market
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Tagged with: Broker Babble, Comps, efficine market, Madison, Neighbor, Small Loft, Square Feet, Tenant, Theory
66 Madison Avenue loft seller wonders when is a full price deal a cause of regret?
when you paid more in 2006I have a fantasy that the seller of the Manhattan loft #6A at 66 Madison Avenue (Madison Parq; how I hate that name!) walked around with sandwich boards that read “motivated seller”, not because (as…
Tagged with: 2006, Babble, Comps, Madison, Madison Parq, Madison Square, Neighbor, Renovation, Shake Shack, Square Feet
true penthouse at 66 Madison Avenue forces the mansion tax, though not a loft
the seller held fastOne of these days I am going to look at Manhattan residential real estate sales right around the magic million, because it is my impression that buyers really really really don’t want to pay the ‘Mansion Tax’…
NoMad as new “it” micro-nabe? don’t hold your breath
from the Manhattan Loft Guy ‘to do’ listI noted this article from the Wall Street Journal when it hit the inter-tubes on October 8 (North of Madison Square Is Starting to Gel), cogitating on it, as it is a non-residential-neighborhood…
Tagged with: Club, Fifth, Madison, Madison Square, Meatpacking, Museum, Nomad, Park, Restaurant, Sixth
new Manhattan loft listings, closed sales + inventory in last 7 days
This is my twenty-seventh report on the number, price distribution and neighborhood distribution for Manhattan lofts reported as new to the market or as closed sales in the last 7 days, and the third to include (bad data about?) "inventory".The…
quick sale at 244 Madison
The combo loft at #11CDE 244 Madison Avenue joined 3 units but only got "1,650 sq ft" out of it. Better, they got a contract within 3 weeks of coming to market in January and have just closed. (It hit…
105 East 29 Street drops price
going for it, a bit lessI beat up on the 9th floor at 105 East 29 Street a bit when it came to market (September 23, 2007: 105 E 29 9th fl is new this weekend + going for it)…
New Listings + Sales of Manhattan lofts in last 7 days
This is my twelfth report on the number, price distribution and neighborhood distribution for Manhattan lofts reported as new to the market or as closed sales in the last 7 days. Pretty slow start to the new year (it was…
105 E 29 9th fl is new this weekend + going for it
$1,200/ft coop loft, but why? The 9th floor at 105 East 29 Street just came to the market, asking $3.75mm and $2,500/mo for "3,000 sq ft", which is a pretty nice premium for a coop at 29th and Park,…
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