if at first you don’t succeed …?The guy who paid $1,527,375 for the “1,651 sq ft” newly converted Manhattan loft #8C at 59 John Street in 2007 may never have thought that he was going to make a lot of…
what is short and sweet, and worth $1,258/ft?The “1,927 sq ft” Manhattan loft on the 3rd floor at 58 Walker Street had a short and sweet marketing campaign: to market on August 6 at $2.395mm, in contract at $2.425mm by…
2009 was not such a trough hereThis one has to hurt: not only did the “900 sq ft” Manhattan loft #4F at 21 East 22 Street take 18 months to sell, it sold for a tiny premium over the price…
a remarkable gain for a disfavored loftThe downtown Manhattan loft market is still almost completely without power and this blog has been dark 4 days. Enough! (At least as far as this little corner of the blogosphere is concerned.) Let’s…
(could not move their money, at least)I admit it: sometimes I get stuck on trivia when reviewing Manhattan loft sales. In the case of the recently sold at $1.57mm “1,458 sq ft” loft #3230 at 15 Broad Street (Downtown by…
or notAlready a Manhattan Loft Guy fave building, the newest sale there is an apparently private, possibly arm’s length deal transferring the “1,793 sq ft” Manhattan loft #16C at 150 Nassau Street from an Inc. to an LLC for $1.7mm.…
the numbers say there is a story, but not what the story isThe sellers of the “1,436 sq ft” Manhattan loft #10A at 21 Astor Place gave it a long shot last year, asking $2.25mm almost six months before taking…
history is longer than it looks on The Master ListBecause I use an arbitrary cut-off of 90+ days off market to re-set the Days on Market calculation on the Master List of Manhattan Lofts Sold Since November 2008, the recently…
much ado, much profitThe folks who bought the “2,057 sq ft” Manhattan loft #4B at 124 Hudson Street in April 2007 just sold it for a gain of 16%. That’s nice work. Weird thing is that it took a while…
it has been a long timeAs my buddy Noah at Urban Digs is fond of pointing out, the ideal way to do comps is to use a recent sale in the same building of a loft of similar scale. That…
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