two half-million dollar price drops get it done The owner of the “2,015 sq ft” loft #10D at 25 Murray Street (Tribeca Space) that sold on October 16 had a rather optimistic but decidedly disciplined approach to pricing this duplex…
two half-million dollar price drops get it done The owner of the “2,015 sq ft” loft #10D at 25 Murray Street (Tribeca Space) that sold on October 16 had a rather optimistic but decidedly disciplined approach to pricing this duplex…
(sometimes, you have to shout about Manhattan loft sales) The Capital at 236 West 26 Street is a fairly mature coop, having been converted in 1984. There are some quirks (commercial lofts mixed with residential units; odd numbering conventions for…
alert the media!My last 3 substantive (loft-y) posts involved lofts that sold quickly with strong prices. Of course, they fit the current conventional wisdom about the market. But not all lofts are above average, to go Keillor on ya. Since…
inefficiency is maddening The “1,850 sq ft” Manhattan loft #6E at 25 Murray Street (Tribeca Space) recently sold for $2.145mm, at a tiny discount to last ask, less than a 5% discount to the prior ask, and less than…
stairs don’t help Whenever I see a floor plan like that of the “1,400 sq ft” Manhattan loft #3A at 43 Murray Street on a bar block in southeast Tribeca, I assume the place has been lived in for…
another riffing opportunity is born In the reality-based Manhattan residential real estate world inhabited by The Miller, questions such as “how do you value the difference in light between different units, without considering differences based on view?” have at least…
who will argue with success?The recent sale of the “2,633 sq ft” Manhattan loft #7S at 90 Franklin Street (Franklin Tower) was a success in the sense that it sold quickly (21 days to contract) at a small discount (3%).…
off by a rounding errorThe “1,800 sq ft” Manhattan loft on the 8th floor at 69 Murray Street that sold in a very Peak-y sale on January 31, 2008 at $2.275mm just resold in the same condition at $2.25mm. That’s…
$824/ft = hateThe mis-placed ‘master bedroom’ cannot be the only reason that The Market treated the Manhattan loft #2 at 69 Murray Street so shabbily; after all, that should just be a small demo job to fix. But there must…
not likely for a doormanIt is not quite right to say that the “4,021 sq ft” Manhattan loft #4A at 44 Laight Street (the Grabler Building) that sold on August 17 at $4.06mm (which was the subject of a post…
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