Tag: Neighbor

why did Chelsea Mercantile loft sell within 3% of The Peak?

Field of Dreams pricing, maybeWhen the Manhattan loft #15-I at 252 Seventh Avenue in the Manhattan Loft Guy fave Chelsea Mercantile sold on June 9 at $3.65mm it wasn’t a man-bites-dog story like my July 5, man bites dog! 49

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Lion's Head loft sale hits the number at 26% over 2006

patience can be over-rated, PrudenceSometimes The Market provides data that show Manhattan loft longitudinal trends in just a few data points. Note that the only meaningful difference between the sales histories of two lofts that sold recently at the Lion’s

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dog bites man + 90 Franklin Street loft sells off only 6% since 2007

weren’t we just here?If it seems like only yesterday that Manhattan Loft Guy was at the 2000 Tribeca condo loft conversion Franklin Tower, 90 Franklin Street, you need to slow down. It was actually way back on June 24 that

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imagine getting creamed on a $1,400/ft resale (46 White Street loft seller did)

does it make a difference if you know you will?At first glance, you’d think the seller of the “2,881 sq ft” Manhattan loft on the 3rd floor at 46 White Street (Woods Mercantile Building) would be thrilled selling on June

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52 Thomas Street loft knocks resale out of the park, up 17% since 2008

sometimes The Market mystifies…I keep staring at the the record of the recent sale of the Manhattan loft #3A at 52 Thomas Street, without achieving clarity. That facts are simple but inexplicable: the first resale in this 2007 new development

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did the unique buyer get played in 90 Franklin Street loft sale?

unless it was the drop dead viewsWhen the “1,895 sq ft” Manhattan loft #10N at 90 Franklin Street came to market on September 13 for $2.6mm that asking price of $1,372/ft could have been considered rather … errr … aggressive,

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19 Warren Street loft sold by minor celebrity at major profit

had been a super white boxThe Manhattan loft #PH-W at 19 Warren Street sold on June 7 through a deed filed today (according to StreetEasy), yet the New York Observer observed in yesterday’s edition on-line that it had been sold,

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49 East 21 Street unique buyer overpays for unique loft

but not by a ridiculous amountSeems as though it was just yesterday that we were in the Manhattan loft building 49 East 21 Street; it was: 49 East 21 Street loft shows the benefits (and PAIN) of timing. in looking

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65 West 13 Street loft sales shows the trick about being patient

it’s the price, stupid!I’ve been on a bit of a jag lately, noting Manhattan loft sales that defy Conventional Wisdom by holding firm at a price for a (relatively) long time, then getting a deal done within reasonable negotiating range

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stubborn loft seller at 44 Laight Street takes a year to get right (great!) price

another one that fractures (proves?) Conventional WisdomThe Manhattan loft #2A at 44 Laight Street sold on May 9 without a price drop despite taking 11 months to find that contract. Let’s repeat what we know about Conventional Wisdom and a

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