+10% = sweetThere are some very impressive numbers associated with the Manhattan loft #PH-W at 144 West 18 Street (the Chainworks Building, hardly a romantic locution, but apt given its prior usage), starting with the clearing price of $4.119mm on…
Tag: Neighbor
4 terraces = 1 bidding war for penthouse loft at 144 West 18 Street
Tagged with: 2003, Bidding War, Chainworks, Comps, Duplex, Neighbor, Peak, Penthouse, Terrace, West 18
maple beats oak, handily, and 9th beats 10th, as 21 East 22 Street loft close up 26% since 2007
neighbor, not so handyFor fans of neighbor-on-neighbor competition, it does not get much better than this. Two Manhattan lofts with identical footprints that share a ceiling/floor come to market in “stunning” condition or better within a few weeks of each…
224 West 18 Street lofts up 13% in a year, down 12% since Peak?
so it seems, but wait (there’s more!)Yesterday’s Just sold! feature in the New York Post featured a Manhattan loft that had (yes!) recently sold. (Why can’t the New York Times do that?) It always interests me when a Manhattan loft…
when neighbors really compete, market can be quite efficient, as at 58 Walker Street
head-to-head and dollar-for-dollarUnlike the neighboring Cobblestone Lofts I hit on August 6 (28 Laight Street loft sale under-performs neighbor’s sale) that engaged in a serial competition for buyers, the two lofts that recently sold at 58 Walker Street directly competed.…
Tagged with: 2003, Ceilings, Competition, Comps, Longandnarrow, Neighbor, New Development, Outdoor Space, Walker, Warehouse
did 'subtle' ceiling height lead to dynamic price for 150 West 26 Street loft?
you probably have to see it to appreciate itThe “1,830 sq ft” Manhattan loft #403 at 150 West 26 Street just sold with some very enthusiastic broker babble. I am most curious about the “subtly adjusted ceiling heights offset by…
stubborn loft seller at 421 Hudson Street waits 1 year for contract
not a slur, honestWhen I call a seller “stubborn” I am talking about behavior, not character. (Note that I don’t call sellers “greedy”, though I may find sales efforts … inexplicable.) How other than “stubborn” to describe a seller who…
despite failed contract, 133 West 28 Street small loft sells above ask in a refreshingly efficient market
smiling in the flower district (or is that Flower District?)It is not every day that you see a Manhattan loft sell at full price after a failed contract, even less often do you see a loft sell above the ask…
28 Laight Street loft sale under-performs neighbor's sale
not like young Yankee pitchersThe Manhattan loft #5C at 28 Laight Street (Cobblestone Lofts, converted to condominiums in 2001) came to market last Fall just two days after the neighbor downstairs in loft #2B went to contract. These neighboring lofts…
Tagged with: Cobblestone, Competition, Comps, Efficient, Holland Tunnel, Laight, Neighbor, Rational, September 11, Yankees
Infinity Flats loft needs ultra refinishing to break even since 2007
but out-performing 2010 resalesI noted a week ago one new development in which at least one resale was a positive outlier (July 30, why did 263 Ninth Avenue loft resale kick some serious butt?). Every coin has two sides, and…
velocity in the Manhattan loft market / 72 Mercer Street sale was not the fastest
not to mention, huge gain over January 2008 sponsor saleI tend to collect a bunch of interesting recent sales each week for future posts, writing a headline and capturing the link; often I don’t get to all in that collection…
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