Two Years Ago Today on Manhattan Loft Guy You were warned in my July 4 post that you’ve got a couple of weeks of archived Manhattan Loft Guy material coming up. In my July 9, 2011, moving to Atalanta…
Tag: Maintenance
55 Great Jones Street loft with unobstructed views + potential sells for $1,016/ft
reading between the lines, and pixYou could just “[p]aint and move right in” to the “2,300 sq ft” Manhattan loft on the 4th floor at 55 Great Jones Street “or [you could] update with your own vision”, as the broker…
Tagged with: 1980, Great Jones, Maintenance, Mortgage, Noho, Old School, Potential, Renovation, Selfmanaged, Views
loft at 4 West 21 Street an outlier, closes 9% off 2006
can we just put them in red?One of the major challenges with considering market values of Manhattan loft (whether you are an agent representing a seller, a buyer, or one of the many interested bystanders), is figuring out which sale…
Tagged with: 2006, 4w21, Den, Floor Plan Efficient, Maintenance, New Development, Operating Budget, Paired Resale, Resale, West 21
primitive loft at 16 Crosby Street sells above ask under $900/ft
was it the (lack of) maintenance?The “2,700 sq ft” Manhattan loft #2F at 16 Crosby Street was available for only a short time, coming to market on July 15 at $2.35mm, going to contract by August 8, and closing on…
Tagged with: 2007, Comps, Crosby, Lofted, Maintenance, Neighbor, Primitive, Renovation, Rental, Soho
high floor low ceiling loft at 25 West 15 Street closes on 2nd contract, 2nd price
strange historyThe “1,800 sq ft” Manhattan loft on the 6th floor at 25 West 15 Street took 5 months to find a contract that stuck, using two asking prices (the second higher than the first), but until August all the…
Tagged with: Budget, Ceiling, Comps, Maintenance, Neighbor, Small Building, Views, Volume, West 15, Windows
least expensive Tribeca loft ($471/ft!!) is 5 flights up at 145 Chambers Street
is it the maintenance, Mars? [updated Oct 19 about the mortgage]There are a lot of factors contributing to the very low market value of the “1,700 sq ft” Manhattan loft on the 5th floor at 145 Chambers Street as reflected…
Tagged with: 400 Club, 500 Club, Chambers, Coop Conversion, Due Diligence, Maintenance, New Development, Price Drop
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…
32 West 20 Street loft flies off shelf, into war, contra 31 East 21 Street loft
not enough for a speed week, but still…I had the sale of the “1,350 sq ft” Manhattan loft #8N at 32 West 20 Street on my For Posting pile since I noted last week that the deed for $1.6mm (dated…
Tagged with: 2004, 2005, Carrying Costs, Comps, Condop, East 21, Light, Maintenance, Renovation, West 20
penthouse loft at 17 Greene Street sells at ridiculous (adjusted) value after chopping, chopping
maybe this will be penthouse weekEven without considering the size difference, can there be any pair of penthouse lofts in prime Manhattan loft neighborhoods more different [oops! omitted those two words in the original] than yesterday’s please-gut-me 14 Jay Street…
Tagged with: Ceiling, Columns, Days On Market, Deck, Greene, Jay, Maintenance, Penthouse, Price Drop, Renovation
250 Mercer Street loft rode peak without selling, just sold off one-third
no cash in just riding a wave The Manhattan loft #B406 at 250 Mercer Street closed on December 1 at $1.65mm, a far cry from the asking prices in 2007 and 2008. If only… It is just not enough to…
Tagged with: Combination, Comps, Disappointed Seller, Efficient Market, Maintenance, Mercer, Neighbor, Peak
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