is it the exposure, Mars? The anonymous folk who just sold the “2,571 sq ft” Manhattan loft #4A at 62 Cooper Square (Carl Fischer Building) for $4.6mm didn’t quite triple their money, as they had purchased at $1.553mm, but close enough.…
Tag: Neighbor
Cooper Square loft triples in value, disappointing owner
Tagged with: 2001, Barrel Vault, Comps, Concrete, Cooper Square, Cooper Union, Floor, Neighbor, Outdoor Space, Patio, Windows
rational market? not for 15 Broad Street loft that sold 13% above unsuccessful 2013 ask
economists weep over the downtown Manhattan loft market (sometimes) In yet another twist on the Manhattan-lofts-that-sell-above-ask theme, the wrinkle that most interests me about the recent sale of the “2,011 sq ft” Manhattan loft #3120 at 15 Broad Street (Downtown…
Tagged with: Bidding War, Broad, Comps, Efficient Market, Neighbor, Rational, River Views, Starck, Streeteasy, View
lovely, but … Chelsea loft at 236 West 26 Street sells TWENTY-FOUR PERCENT above ask
(sometimes, you have to shout about Manhattan loft sales) The Capital at 236 West 26 Street is a fairly mature coop, having been converted in 1984. There are some quirks (commercial lofts mixed with residential units; odd numbering conventions for…
Tagged with: Comps, Empire State Building, Entertaining, Floor Plan, Layout, Murray, Neighbor, Outdoor Space, streeteasy index, Terrace, Views, West 26
The Market has its way with “above ask” Tribeca Space loft sale, as is its wont
who was responsible for pricing strategy of loft at 25 Murray Street? Uncharacteristically, let me cut to the chase: yes, the “1,395 sq ft” Manhattan loft #4K at 25 Murray Street (Tribeca Space) earned the coveted green cell background on…
Tagged with: Bidding War, Building Record, Comps, Floor Plan, Footprint, Layout, Listing Photos, Lobby, Neighbor, rational market, Volume, Windows
necessity, that mother, yields strange floor plan for 39 Worth Street loft
not necessarily an inspired invention for this Tribeca loft, but interesting For having a footprint that is a classic Long-and-Narrow (maybe 23 x 85 feet, with a cut-out for the elevator and building stairwell, windows front and back), the floor plan of…
fraternal twin lofts across Harrison Street sell on same day for $3mm + a few bucks less
if one loft sale on this cozy Tribeca block is rare, what of two? “Rarely does anything turnover on Harrison Street” has a nice ring to it, and it is well within bounds for graded-on-a-curve broker babble. But when babbled…
Tagged with: Brick, Broker Babble, Ceilings, Competition, Comps, Floor Plan, Gut, harrison, laonf-and-narrow, Layout, Neighbor, Plumbing Stacks, Rebny, Renovation, Square Feet, Views, Windows, wood stove
motivated Chelsea House seller holds firm after 10 prices in 4 months
every Manhattan loft seller has a limit One way to determine if an-owner-with-a-listing really really really wants to be a “seller” is the degree to which the seller owner is willing to drop the asking price in response to market…
Tagged with: Aphorism, Broker Babble, Competition, Comps, Efficient Market, Floor Plan, Layout, Motivated Seller, Neighbor, rational market
the ‘complete transformation’ does not explain 28% gain over 2010 for 312 East 23 Street loft
this broker babble is accurate, but …? You’d be forgiven for thinking that the reason that the “1,200 sq ft” Manhattan loft #7B at 312 East 23 Street (the Foundry) just sold for $1.24mm after having been purchased in July…
Tagged with: Bidding War, Broker Babble, Building Record, Competition, Comps, Neighbor, Renovation, streeteasy index
did an ‘upgraded’ kitchen add $750,000 to way West Village loft at 380 West 12 Street?
21 months, that improved kitchen, a new bedroom, and those $750,000 between sales Unless you know the Before and After details (I don’t), the recent sale of the “1,400 sq ft” Manhattan loft #2E at 380 West 12 Street (in…
Tagged with: Bathroom, Comps, Empire State Building, Kitchen, loggia, Neighbor, Renovation, River, Shower, streeteasy index, Terrace, Views, waywest, West 12
did a rising tide sell 250 Mercer Street mini-loft, unsold in slack of 2013?
finding the right price at the right time for a Manhattan loft sometimes takes time Asking $630,000 for the tiny (“600 sq ft”) Manhattan loft #B1507 at 250 Mercer Street was too high a price in 2013. Heck, even $599,000…
Tagged with: Broker Babble, Buyer Psychology, Competition, Comps, Light, Mercer, Mini Loft, Neighbor, Renovation, Views
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