[update: apologies for the weird formatting; I think I fixed most of it] yes, "museum quality" around $1,000/ft, but there’s a larger point, + 2 bromidesWhen I hit the Manhattan loft #2E at 644 Broadway on April 27 (price…
Tag: Negotiation
how to get cash in 10 weeks / negotiating to close at 155 Hudson Street
no secret formulaHow’s this for a lovely trajectory in a challenging market? The Manhattan loft #4N at 155 Hudson Street came to market on February 20 at the wrong price ($2.395mm) but they (apparently) really wanted to sell and they…
into the way-back machine to close at 42 East 20 Street, down seven figures
not bullish at allThe bloom is definitely off the bull at 42 East 20 Street, a/k/a the Bullmoose Condominium, which was a huge success in the wave of Manhattan loft conversions in 2003. Another candidate for how the mighty have…
497 Greenwich Street sale was off a low ball?
Page Six thinks so The Manhattan loft #7A at 497 Greenwich Street closed on April 16, just less than a month after going to contract. Not many Manhattan residential real estate agents make Page Six (I hope), but that…
price of 'museum quality' in Noho = $1,000/ft / 644 Broadway closes quickly
no dithering hereIn the (entirely fictional) Manual of Style for real estate agents, the phrase "museum quality" is used because (I guess) "quadruple mint" just does not zing. (The fact that few people actually want to live in a museum…
Tagged with: broadway, Ceiling, Comps, Discount, Museum Quality, Negotiation, Renovation, Sale, Windows
how to be happy selling for $1mm+ off at 43 West 64 Street
don’t cry for me ArgentinaYou’d be tempted to assume that a Manhattan loft seller with this listing history would not be happy:to market April 28, 2008 at $3.85mmprice drop June 23 to $3.595mmprice drop October 17 to $2.95mmprice drop November…
Tagged with: 1600ft, 2004, Central Park, Conversion, Discount, Kondylis, Negotiation, Views, West 64
10 Bleecker remarkable space holds value remarkably well
as B goes, so goes AYou might look at the successful 9 day marketing campaign (NINE DAYS!) a year ago of the Manhattan loft #7B at 10 Bleecker Street as a marvel of timing, in the sense of how marvelous…
am I a coward? assessing + bearing risk in a risky world
a rumination (bear with me)I tell owners in this market that my job is to protect their equity and get them on their way (to whatever is next in their lives) with as much money in their pocket as possible.…
50 Walker Street closes well off August ask after being publicly negotiable + serving bourbon
not like yesterdayThe full history of the Manhattan loft #6A at 50 Walker Street will reveal just how different this marketing campaign was from the loft addressed yesterday (why be that negotiable in secret? 25 Ann Street closed nearly 25%…
why be that negotiable in secret? 25 Ann Street closed nearly 25% off ask
what if they had advertised a willingness to deal? There must have been some epiphany on the 4th floor of 25 Ann Street in August: the owner tried to sell this "2,300 sq ft" loft for $2.5mm starting in…
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