if buy low, easier to sell high (d’oh!)The 20-unit Manhattan 2007 loft condominium conversion at 124 West 24 Street is an interesting laboratory for observing the behavior of rats buyers over time. The most recent data point is the October…
Tag: Neighbor
over-optimistic loft seller at 124 West 24 Street still beats 2007 buy
Tagged with: Comps, Light, Neighbor, New Development, Nuclear Winter, Peak, Rational, Resale, Sponsor, West 24
170 Mercer Street loft sells after 15 months, 15% off neighbor in 2005
starting from the same place, going in different directionsThe last two residential lofts to sell at 170 Mercer Street in the Manhattan Loft Guy range of $500,000 to $5,000,000 (see the Master List of Manhattan Lofts Sold Since November 2008)…
primitive loft at 16 Crosby Street sells above ask under $900/ft
was it the (lack of) maintenance?The “2,700 sq ft” Manhattan loft #2F at 16 Crosby Street was available for only a short time, coming to market on July 15 at $2.35mm, going to contract by August 8, and closing on…
Tagged with: 2007, Comps, Crosby, Lofted, Maintenance, Neighbor, Primitive, Renovation, Rental, Soho
serendipity: 113 Prince Street loft that took a year to sell took 113 days to file deed
nothing happens quickly here, apparentlyThe sale of the “1,490 sq ft” Manhattan loft #5ER at 113 Prince Street is another example of not new news (like in my November 23, 67 Hudson Street loft closes off 9% from 2005, with…
cop loft sells at 240 Centre Street with challenging layout, off 46% from very first ask
in search of a new locutionThe Manhattan loft #4R at 240 Centre Street (the venerable Police Building) is said to be “1,800 sq ft” but it plays smaller, to use a basketball term. It took some energetic price chopping to…
Tagged with: 1999, 2007, Centre, Comps, Loft That Plays Small, Mezzanine, Neighbor, One Bed Wonder, Police, Rational
was rooftop terrace at 105 Fifth Avenue loft as valuable as the interior?
depending on how you cut the numbers, it isThe “1,925 sq ft” Manhattan loft #11D at 105 Fifth Avenue, with its “500 sq ft” private rooftop terrace, just sold for $1.8mm. (November 9 is “just” sold in my book!) Trying…
Tagged with: Babble, Comps, Crossroads, Fifth Avenue, Flatiron, Miller, Neighbor, Renovation, Roof Deck, Terrace
high floor low ceiling loft at 25 West 15 Street closes on 2nd contract, 2nd price
strange historyThe “1,800 sq ft” Manhattan loft on the 6th floor at 25 West 15 Street took 5 months to find a contract that stuck, using two asking prices (the second higher than the first), but until August all the…
Tagged with: Budget, Ceiling, Comps, Maintenance, Neighbor, Small Building, Views, Volume, West 15, Windows
old news, as build-a-loft takes 2 years to sell for $646/ft at 129 West 22 Street
breaking news, from MarchThe reason that the March 23 sale of the “2,400 sq ft” Manhattan loft #5A at 129 West 22 Street for $1.55mm is news is that the deed was just filed last week. No, that’s not right;…
Astor Place loft seller takes wee bath since 2005 at 445 Lafayette Street
almost a diversion, for being tardyThis one has been sitting in my To Do pile for a while, but is interesting enough for even a tardy post because it involves A Famous Building that (in this case, at least) has…
Tagged with: 2000, 2005, 2005 New Development, Chelsea Mercantile, Comps, Lafayette, Light, Neighbor, Seventh Avenue, View
at 140 Fifth Avenue, “B” lofts go wild, designer effect boggles
comping is … (you know)The “2,000 sq ft” Manhattan loft #8B at 140 Fifth Avenue had a pretty successful campaign this Summer, coming to market at $2.195mm on June 17 and finding the contract by July 29 that closed at…
Tagged with: 2003, 2005, Comps, Designer, Dressing Room, Fifth, Light, Magazine, Neighbor, Renovation
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