Tag: Mezzanine

stubborn loft seller at 421 Hudson Street waits 1 year for contract

not a slur, honestWhen I call a seller “stubborn” I am talking about behavior, not character. (Note that I don’t call sellers “greedy”, though I may find sales efforts … inexplicable.) How other than “stubborn” to describe a seller who

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penthouse loft at 121 West 20 Street beats Peak, but is it rational?

by 2%, but it is somethingOf course you know that any single number to summarize The Market (whether the entire Manhattan residential real estate market or the loft niche) smooths out a great deal of data noise. Some data points

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Printing House loft sells under 2006 at 421 Hudson Street

no ‘greed’ involvedI hate to use the word “greedy” to describe a seller and an asking price, but you will sometimes see trolls (bitter renters?) on Curbed or StreetEasy describe an asking price that is ‘too high’ that way. But

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66 Crosby Street loft sells for $868/ft as a very tall project

how much for just the ceilings and the windows?The second floor in many classic Manhattan loft buildings is like the parlor floor in a brownstone: the ceilings are disproportionately high. In the case of the Manhattan loft #2CD at 66

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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.

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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

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perfectly terrible storm hit sale of 77 Bleecker Street loft

opera fan or stage fan?Sometimes there is human drama in a dry set of Manhattan real estate purchase-and-sale data. It is difficult for me to look at a two-and-a-half year sequence culminating in the recent sale of the Manhattan loft

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808 Broadway seller bites painful bullet, closes off 15% since 2006

nuclear winter poster childI don’t know if there is a better example of the change in The Market that occurred after Lehman filed for bankruptcy protection in September 2008 and the Fall 2009 thaw in The Market than the Manhattan

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neighboring lofted lofts sell at 12 East 14 Street, 9 East 13 Street

duck, duck … gooseAdding a mezzanine or loft to a Manhattan loft with high ceilings is pretty common. One sale last week at 9 East 13 Street, one in May at (the same coop, different address) 12 East 14 Street,

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876 Broadway comes + goes QUICKLY / knowing what you can get, and getting all of it

if you blinked, you missed itThe Manhattan loft on the 3rd floor of 876 Broadway hit the Market on April 26, hard, at $1.995mm. So hard, in fact, that they were in contract five weeks later 2.3% off the ask.

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