Upgrade Week continues…Ah, the perils of parsing broker babble …. The marketing campaign for the recently sold “2,200 sq ft” Manhattan loft #11N at 126 West 22 Street (Chelsea Flats) is full of upgrade language, some more specific than others,…
Tag: Neighbor
49 East 21 Street loft beats near-Peak value, breaks building record
was it the upgraded counter, Mars?Sometimes the key to a very enthusiastic bit of broker babble is what is not there. In the case of the “1,375 sq ft” Manhattan loft #9A at 49 East 21 Street that just sold…
Tagged with: Above Ask, Bidding War, Comps, East 21, Master List, Neighbor, Premium, Renovation, Upgrade
“perfection” goes for $1,025/ft in 252 West 30 Street loft
to catch a bargain, there must be a catchIn our last installment, the August 8, ‘architecturally designed’ loft with no view, little light at 114 West 27 Street sells at $799/ft (sue me: I’ve been busy), we found a bargain…
Tagged with: Discount, Finishes, Layout, Lincoln Tunnel, Location, Neighbor, Renovation, Square, West 30, Windows
'architecturally designed' loft with no view, little light at 114 West 27 Street sells at $799/ft
the only way to get a bargainThere are over 300 loft resales in 2012 on my Master List of Manhattan Lofts Sold Since November 2008, the vast majority of which have $/ft calculations, and only 19 of those lofts sold…
130 Fulton Street loft sells 4% over 2007, but there’s a really big catch
not a market-driven increase, even if a market priceReaders who remember my September 27, 2011, is the Manhattan loft market back to (up to) 2007? 61 repeat sales say “probably”, “a bit” (one of my favorite posts of 2011), will…
curiously modest pricing of no-expense-spared renovated loft at 66 Leonard Street nets (predictably?) modest price
if they were trying to provoke a war, they missedI have to wonder if the sellers of the “1,780 sq ft” Manhattan loft #12D at 66 Leonard Street (the Textile Building) thought they were going to provoke a bidding war,…
Tagged with: Competition, Comps, Floor Plan, Leonard, Neighbor, Peak, Proper Names, Renovation, Textile
Jade loft resale at 16 West 19 Street is a strong price, but off 7% since 2007
measure against sponsor sale or $/ft?The podilicious “1,336 sq ft” Manhattan loft #4E at 16 West 19 Street (Jade) just sold at a dollar per foot price that compares well to other resales in the building, but at a loss…
sometimes the bear gets you: 245 Seventh Avenue mini-loft sells 22% off from peak sale
Froth + Peak + Trough + Thaw need a 5th stepKnowing that the last time the “981 sq ft” Manhattan loft #4C at 245 Seventh Avenue was almost exactly at The Peak of the overall Manhattan residential real estate market,…
double bold-faced loft sale at 354 Broome Street: a harbinger or just a Bright Shiny Object?
getting tired of the Jedi mind trickThe recent sale of the Manhattan loft #3H at 354 Broome Street was a Bright Shiny Object for Jessica Gould Keil in the New York Post last week, in part because she was able…
Tagged with: Broome, Celebrity, Cops, Efficient, Jedi Mind Trick, Keil, Neighbor, New York Post, Rational, Renovation
133 West 17 Street loft with open air + potential sells for $1,071/ft
the dog that did not barkSometimes a loft that does not sell tells you something as interesting about the market as a loft that does sell. For Exhibit A, I give you the "1,770 sq ft" Manhattan loft #5C at…
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