The Market is uneven. Always.How many times have you heard me say, more or less, data points are data points, whereas The Market is The Market? Today’s context for such metaphysical musing is the duplexed “2,654 sq ft” Manhattan loft…
Tag: Neighbor
unsold in 2010, Steiner Building penthouse loft sells 17% off 2007
Tagged with: 2007, Comps, Miller, Neighbor, Outdoor Space, Paired Resale, Penthouse, Roof Deck, Steiner, West 17
150 Nassau Street loft takes 4 tiny price drops + 8 months to get deal
is “important” a new category of renovations?On the one hand, I applaud an agent’s attempt to think outside the box (or, outside The Broker Babble Primer); on the other hand, I am not sure how I feel about “important renovations”.…
Tagged with: Brooklyn Bridge, Comps, Den, Financial District, Floor Plan, Nassau, Neighbor, Pantry, Renovation, Views
395 Broadway loft sells at $1,174/ft, a relative bargain to a gut job
is there a gut premium?The “1,163 sq ft*” Manhattan loft #11A at 395 Broadway just sold in mint-y condition at $1.365mm, or $1,174/ft, in the northeast corner of Tribeca. That compares very favorably to the last “A” line sale here,…
Tagged with: Birthday, broadway, Comps, Gut, Mint, Music, Neighbor, President, Renovation, Washington
150 Nassau Street loft sells for building record
becoming a Manhattan Loft Guy faveBy the tiniest of margins, the recent sale of the “1,793 sq ft” Manhattan loft #13C at 150 Nassau Street set a new high on a dollar-per-foot basis for this handsome building. It is a…
8 months to contract at 6.5% discount for 151 West 17 Street loft
did Conventional Wisdom takes another shot to the head, or did CW slip the punch?You know the Conventional Wisdom about asking prices and time: that a listing professionally exposed to The Market for enough time without having selling is at…
Tagged with: Campiello, Comps, Conventional Wisdom, Floor Plan, Layout, Light, Neighbor, Rational, Views, West 17
no-view loft at 120 West 18 Street sells at $905/ft, reveals what neighbor's roof is worth
fun with compsI love that the “1767 sq ft” Manhattan loft #4B at 120 West 18 Street was marketed as “this is not a ‘view’ apartment” (except for that “apartment” thing, of course) because it so beautifully and simply manages…
sidewalk sale at 130 Watts Street comps very, very strongly to Peak loft sale
is street access a plus or minus?You see some fancy-schmancy Tribeca loft conversions that include a “townhouse” component, one or more (usually more) duplex or triplex units with direct access from the sidewalk, often in addition to direct access from…
Tagged with: Amenities, Comps, Longandnarrow, Neighbor, Nofrills, Peak, Sidewalk, Street Access, Townhouse, Watts
130 West 17 Street loft flies through market, beating (my) expectations
… and sometimes the bear gets youHave I mentioned recently that comping is hard? Or that (prospective) valuations are matters of opinion? (As are, in fact, sale prices, but at least with those you have two people agree.) When my…
loft lab at 161 Hudson Street, as loft takes 5 months to make a quick sale
up 43% since 2004Yesterday was pricing at 2004 (January 10, 150 Nassau Street mini-loft sells at about 2004 pricing); today is about the sale of the “2,117 sq ft” Manhattan loft #3C at 161 Hudson Street at $2,323,150, which (among…
unrecognizable 505 Greenwich Street loft sells up 44% over 2005, but that's no big deal
not a word you see babbled every dayThey wanted the world to know that the “1,819 sq ft” Manhattan loft #12A at 505 Greenwich Street that just sold has been dramatically changed since it was purchased from the sponsor 6…
Tagged with: 2005, Bathroom, Comps, Greenwich, Neighbor, New Development, One Bed Wonder, Renovation, Sophisticated, Views
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