lack of east coast windows is no biggieWould you trade a “1,486 sq ft” downtown loft in a former toy factory with great open city views for a “700 sq ft” West Village loft in a former printing factory with…
Tag: Neighbor
Los Angeles loft lover buys mini-loft at 720 Greenwich Street
Tagged with: Comps, Greenwich, Gut, Industrial, Los Angeles, Neighbor, Renovation, View, West Village, Windows
offered with permission to dream, 5 East 16 Street photographer's loft sells at $862/ft, most likely
live-work, with very different living and working spacesThe large Manhattan loft on the 9th floor at 5 East 16 Street was marketed as a “photography studio plus 2 bedroom 2 bathroom home” in the marketing that lead up to its…
Tagged with: Artist, Comps, East 16, Efficient, Exposure, Livework, Neighbor, Photography, Primitive, Renovation
Chelsea Mercantile loft with few windows-per-foot sells without view at $1,040/ft (again!)
that courtyard is not a premium viewLong-time readers know how I feel about the Chelsea Mercantile building at 252 Seventh Avenue: the building that created the market for high-end residential lofts in this micro-nabe. (The 17 Manhattan Loft Guy posts…
interesting pricing gambit does not work as 214 West 17 Street loft sells at 14% discount, 22% from first ask
how does that “if at first you don’t succeed …” thing work?No diversion today, as I missed a weekday of substantive Manhattan loft blogging. (if you are disappointed, call 3-1-1.) One way to look at the recent sale of the…
Tagged with: Combination, Comps, Conventioanl Wisdom Miller, Discount, Floor Plan, Negotiation, Neighbor, Renovation, Vtoy, West 17
“great bones” 100 Hudson Street loft sells above where it “should” have
the best comps are close in time, size and location, with few adjustmentsApparently The Market thinks that the difference between “1,100 sq ft” of “great bones” and “1,100 sq ft” of “meticulous renovation” and “superb craftsmanship” is $92,500 in Tribeca.…
endless possibilities cost $1,160/ft in quiet Noho, at 325 Lafayette
are you following the disconnect here?Yesterday it was an artist’s loft of “3,300 sq ft” in the bottom of Soho that cleared for $742/ft (April 16, artist loft clears at $742/ft in south Soho, 307 West Broadway). Today it is…
Tagged with: Carrying Costs, Certificate Of Occupancy, Comps, Gut, Lafayette, Mulberry, Neighbor, Noho, Possibilities, Renovation
why did 48 Great Jones Street 1-bedroom loft sell 18% above Peak value?
“masterful renovation” does not explainThe story line for the recent sale of the “2,564 sq ft” Manhattan loft #6R at 48 Great Jones Street seems pretty obvious from the broker babble and the price history. The loft has been “[m]asterfully…
Tagged with: Bond, Comps, Efficient, Field Of Dreams, Great Jones, Micronabe, Neighbor, Peak, Rational, Renovation
195 Hudson Street loft takes deep haircut to close up 385% (since last century)
speaking of low-balls …Since the “2,325 sq ft” Manhattan loft #3D at 195 Hudson Street recently sold at $2.85mm after having been asking $3.5mm, you have to wonder just how low that negotiation started. A negotiated discount of 18.6% implies…
Tagged with: Bidding, Comps, Discount, Floor Plan, Glass Walls, Hudson, Low Ball, Negotiation, Neighbor, Renovation
strong loft resale at Lion's Head is +8% over 2007 resale
hello, old friendI will note below at least some of my posts about the Lion’s Head Condominium lofts at 121 West 19 Street in Chelsea, which has long been a Manhattan Loft Guy favorite. Manhattan residential real estate fans will…
Tagged with: 2006, 2007, Cabinet, Comps, Custom Woodwork, Lions Head, Neighbor, Paired Resale, Sponsor, West 19
minty 45 Walker Street loft sells under $1,000/ft with no discernible big loft premium
a Big Gulp indeedThere’s a lot to be distracted by about the “4,781 sq ft” Manhattan loft on the 3rd floor at 45 Walker Street in northeastern Tribeca (triple mint renovation in a classic Tribeca loft space, the scale of…
Tagged with: 2003, Ceilings, Comps, Floor Plan, Large Loft, Neighbor, New Development, Penthouse, Walker, Windows
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