no cash in just riding a wave The Manhattan loft #B406 at 250 Mercer Street closed on December 1 at $1.65mm, a far cry from the asking prices in 2007 and 2008. If only… It is just not enough to…
Tag: Neighbor
250 Mercer Street loft rode peak without selling, just sold off one-third
Tagged with: Combination, Comps, Disappointed Seller, Efficient Market, Maintenance, Mercer, Neighbor, Peak
loft that missed The Peak at 30 West 15 Street comes back to sell, modestly but successfully
very quiet local market30 West 15 Street is a classic Manhattan loft building of its type: a handsome 12 story building built about 100 years ago with 21 coop units (converted 1980), and a North unit and South unit on…
Tagged with: 2007, 2008, Alchemy, Comps, Empire State, Neighbor, New Development, Peak, Views, West 15
modesty (again) rewarded / 5 weeks to contract at 55 Hudson Street
pricing like it’s 2006The Manhattan loft 55 Hudson Street #3A was marketed modestly: the broker babble is plain about its limitations (“open loft plan”, “perfect home for the person with his/her own design in mind”, “needs a little TLC”, only…
250 Mercer Street small loft flies off shelf, above ask, above $1,000/ft
New York Post recent Manhattan residential sale is, in fact, recent, and interestingSometimes the residential sales that appear in the newspapers (New York Post on Thursdays, New York Times on Sundays) are more or less current; sometimes they are much…
117 West 17 Street loft flies off the shelf, but was the terrace free?
how quick is Q-U-I-C-K?I generally tell people that the ballpark timing numbers are that it often takes 60 days from contract to closing in a Manhattan condominium, 90 days in a coop, though there are always some that take longer…
Tagged with: Brooks Van Horne, Comps, Modesty, Neighbor, Outdoor Space, Renovation, Secret, Terrace, West 17
perfectly terrible storm hit sale of 77 Bleecker Street loft
opera fan or stage fan?Sometimes there is human drama in a dry set of Manhattan real estate purchase-and-sale data. It is difficult for me to look at a two-and-a-half year sequence culminating in the recent sale of the Manhattan loft…
a tale of 2 neighbors at 150 West 26 Street, with 1 hard bargain
‘tis a puzzlement Manhattan Loft Guy loves a puzzle, and a deed filed last Saturday provides one (not counting: they file deeds on Saturday??) … why did the Manhattan loft #901 at 150 West 26 Street sell on November 12…
Tagged with: 2001, Above Market, Combination, Extortion, Greenwich, Negotiation, Neighbor, Penthouse, Terrace, West 26
bass ackwards at 150 Nassau Street?? as lofts are sold low + bought high, with an agency twist
(doesn’t work in my spell check, either)When I observed that the buyer of the Manhattan loft #9E at 150 Nassau Street on November 3 has a notice address of #9A at 150 Nassau Street I began to wonder. First I…
why did The Market hate this small loft at 315 Seventh Avenue?
cue the head-scratching machineIn a world of weird, in which Manhattan Loft Guy is something of a connoisseur of weird, the October 14 sale of 315 Seventh Avenue #12A (the Kheel Building) for $620,000 caught my eye. This little loft…
flight or fight? the disappointed seller’s conundrum, 30 East 21 Street and 205 West 19 Street lofts edition
persist? or take a time out?There’s a hard decision to be made at some point by every loft seller who is disappointed that The Market does not love the loft as it should, second only to the harder decision as…
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