if you build it …The petite Manhattan loft #307 at 39 East 12 Street (University Mews) traded four years ago as a build-your-dream loft for $850,000 then again (dream realized!) on May 10 at $1.25mm. I suspect that the dream…
Tag: Neighbor
111 Fourth Avenue lofted loft gains 12% since 2007 sale
if you build it (up), they will comeOffhand, I can’t recall a more bullish Manhattan loft resale than that of #6B at 111 Fourth Avenue, which closed on April 7 at $750,000 after having been purchased on October 27, 2007…
48 East 13 Street mint loft goes for $866/ft
is the (missing) 2nd bathroom so valuable?I am having some trouble with the last two sales in the Manhattan loft building at 48 East 13 Street. The “2,250 sq ft” #9B sold on October 27 for $2.85mm, but the “1,500…
partying pair purchased at 10 Leonard Street / prefer kitchen or skylights?
embracing loft diversityThe Manhattan loft building at 10 Leonard Street has only 16 units, but two of them sold this month. Though both are said to be about 1,700 sq ft and are newly renovated, they are different from each…
from fire sale in nuclear winter to +27% at 155 Hudson Street
price discovery can be hardTake a generic classically Long-and-Narrow Manhattan loft, roughly 22 feet wide, with not a lot to brag about as far as finishes, and try to sell it in two very different sets of market conditions. As…
Tagged with: 2002, 2004, Comps, Hudson, Lehman, Longandnarrow, Neighbor, One Bed Wonder, Peak, Renovation
808 Broadway loft sellers did not move far
maybe 30 feet, down to gardenSometimes the cliches commonly used to sell real estate are more than just cliches, cliched as they may be. Case in point: the marketing text for the Manhattan loft #4C at 808 Broadway (the Renwick)…
43 West 21 Street penthouse loft dresses up (a little) to close up (a lot: $1.1 million!) since 2007
going all white on yaI have been poring over the pictures and floor plans comparing the recent sale and June 2007 sale of the Manhattan loft at the top of 43 West 21 Street, trying to find seven figures of…
The Market corrects too low price for 53 N. Moore Street loft, generates a koan
straight up bidding warThere are a lot of green April loft sales on the Master List of Manhattan Lofts Sold Since November 2008; so many that the over-use of color in April deserves a post of its own. On some…
Tagged with: Bidding War, Comps, Freezer Burn, Koan, N Moore, Neighbor, Nuclear Winter, Outdoor Space, Peak, Zen
The Market corrects a Cast Iron loft over-correction, as 67 East 11 Street loft sells above (reduced) ask
Aphorisms ‘R UsStop me if you have heard this before: if a seller sets a price that is ‘too low’ The Market has an opportunity to fix that price. When the little (“710 sq ft”) Manhattan loft #411 at 67…
Tagged with: Cast Iron, Comps, Correction, East 11, Efficient, Neighbor, Outdoor Space, Poster Child, Small Loft
245 Seventh Avenue loft sells after freezing in nuclear winter
not a new story, but stay for the floor plan pornThe Manhattan loft #2A at 245 Seventh Avenue that sold on April 12 at $1.675mm has a history that includes a nearly perfectly mis-timed sales campaign, starting within a few…
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