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…
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…
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…
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…
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…
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.…
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…
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…
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…
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,…
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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