every party needs a pooperThis post may only be for the fanatic spectators of the Manhattan residential real estate game who collect odd price histories. I am going to ruin the suspense by telling you that the “2,110 sq ft”…
Tag: Neighbor
market corrects too-low price drop at Chelsea Mercantile, just as it's supposed to
Conventional Wisdom, vindicatedRegular readers of Manhattan Loft Guy know that I often observe that, absent a thin buyer pool, The Market will correct a price drop that is ‘too low’ by having multiple bidders push the clearing price above the…
Tagged with: Chelsea Mercantile, Comps, Conventional Wisdom, Discount, Layout, Light, Neighbor, Seventh, View, Volume
Julliard loft at 18 Leonard Street sells up 6% since 2007 (meh!)
sellers got their $500 backLofts that sold in the second quarter of 2007 were definitely within the froth that characterized the overall Manhattan residential real estate market leading up to The Peak of sales recorded in the first quarter of…
Tagged with: 2007, Broker Babble, Comps, Fireplace, Julliard, Leonard, Longandnarrow, Neighbor, Profit, Renovation
did virtual staging cost 9 West 20 Street loft $100,000?
rather: is there a theory that explains an anomalous spread?At the risk of over-determining this apparent paradox, the very recent (January 31) sale of the “2,154 sq ft” Manhattan loft on the 7th floor at 9 West 20 Street at…
Tagged with: 2002, 3 Bedrooms, 4 Bedrooms, Comps, Dining Area, Layout, Longandnarrow, Neighbor, Renovation, West 20
about that bidding war for (not THAT) well-dressed 395 Broadway loft
after a day for love, many loved this loft, only one was chosen (sigh)There were broken hearts all over the highway when the bidding war for the “1,200 sq ft” Manhattan loft #14A at 395 Broadway came to an end…
Tagged with: Bidding War, broadway, Comps, Floor Plan, Light, Neighbor, Renovation, Storm, View, Windows
all Soho is not alike: 12 Wooster Street loft sells for $869/ft after renovation
go figure (please show your worksheet)Even a sub-market like Soho has outliers. Regular readers of Manhattan Loft Guy know why Soho and Tribeca are high-end price outliers in the overall Manhattan residential real estate market (e.g., February 2, Tribeca and…
Tagged with: Comps, Discount, Elevator, Lake Wobegon, Neighbor, Occam, Prime Calssic, Renovation, Walkup, Wooster
250 West 27 Street loft sells as opportunity to live the dream (of someone else)
designed within an inch of its lifeThe Manhattan loft #3J at 250 West 27 Street was a mini-loft with a very specific mission during its recently completed marketing campaign: find the right buyer who would appreciate the very refined and…
Tagged with: 2005, Broker Babble, Builtin, Comps, Miniloft, Neighbor, Renovation, Serene, West 27, Zen
caution: use 75 Ludlow Street loft sale as a comp at your own risk
check the dates and namesTechnically, there has been a single resale at this 2008 new development, with the “1,646 sq ft” Manhattan loft #4A at 75 Ludlow Street having sold last month for $1.6mm. The prior sales here were by…
Tagged with: 2008, Arms Length, Comps, Family, Lower East Side, Ludlow, Neighbor, New Development, Private, Streeteasy
250 Mercer Street mini-loft sells up only a smidge over 2005
that’s $5,000 if you are scoring at homeIn “honor” of the (now begun!) snopocalypse, I had hoped to continue looking at memorably tragic sales this week. (That’s on top of my posts of February 6, 106 Duane Street loft sellers…
Village project lofts at 250 Mercer Street sell at $925/ft with too many walls
did I miss the photo opportunity?The surviving listing on StreetEasy for the “1,500 sq ft” Manhattan lofts #C514 and #C515 at 250 Mercer Street promises “more info to follow shortly… [and] pix next week”, but that was from 14 months…
Tagged with: Ceilings, Combination, Comps, Floor Plan, Mansion Tax, Mercer, Neighbor, Project, Renovation
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