"every once in a while …", indeedEvery once in a while, a listing description not only does justice to the loft listed but to potential buyers, giving an appropriately enthusiastic description of the loft instead of merely babbling. The Manhattan…
Tag: Neighbor
171 Duane Street loft closes at 12% premium, contract in 3 weeks
Tagged with: Architect, Bidding War, Comps, Duane, Inefficient Market, Longandnarrow, Neighbor, Renovation, Velocity
50 Walker Street loft sells with huge deck, NY Observer observes
how to value the deck??I am going to have to struggle some other time with applying The Miller’s approach to valuing outdoor space to this beautiful Manhattan loft #6B at 50 Walker Street that sold on July 13 for an…
454 West 46 Street loft sold after MUCH longer campaign than in the NY Post
muchI assume that anyone who finds the way to Manhattan Loft Guy knows not to trust "recent sales" information in dead tree media without verifying it. Today’s warning is sponsored by the Just Sold feature in today’s NY Post. When…
Tagged with: 2004, Comps, Days On Market, Duplex, Efficient, Neighbor, Ny Post, Piano, Renovation, West 46
1200 Broadway loft closes near 2009 ask
timing is (not quite) everythingThis story doesn’t get old (at least, not yet): a well-priced Manhattan loft sells after going into contract within a short time, at or near a price that failed in 2009. Today’s’ example is #5G at…
Tagged with: Comps, East 29, Empire State, Gilsey, Mint, Neighbor, Nuclear Winter, Renovation, Velocity, View
how odd is this loft sale at 107 West 25 Street?
the arm might be a little shortI went back and forth about it, but decided to add the July 7 sale of the Manhattan loft #6C at 107 West 25 Street to the Master List of Manhattan Lofts Sold Since…
Tagged with: 2002, 2006, 2008, Arms Length, Comps, Distress, Foreclosure, Neighbor, Renovation, West 25
Chelsea House kinda sorta holds its own, reveals Truths in The Market
more or lessThe Manhattan "loft" #8D at 130 West 19 Street, Chelsea House, closed on June 18 at $1.51mm, down 6% from its last clearing price three years ago. If you are familiar with my post comparing lofts that sold…
Tagged with: 2006, 2007, 2009, Chelsea House, Competition, Comps, Neighbor, New Development, Nuclear Winter, West 19
another quick sale, as 1 Hudson Street closes up 10% AND down 10%
from ask, to startHave you ever heard that well-priced Manhattan lofts sell quickly? (Yes, you have.) The latest example is the "2,000 sq ft" Manhattan loft that is the 4th floor at 1 Hudson Street. How quick is "quick"? That…
129 Lafayette sells but NOT because of the designer (contra The Observer)
is this Observer week on Manhattan Loft Guy?I swear that I do not read The Observer. (I am not bragging, just swearing.) But for the second time in a week someone linked to an article about a Manhattan loft sale…
Tagged with: 2005, Celebrity, Comps, Curbed, Designer, Lafayette, Neighbor, New Development, Nuclear Winter, Observer
808 Broadway seller bites painful bullet, closes off 15% since 2006
nuclear winter poster childI don’t know if there is a better example of the change in The Market that occurred after Lehman filed for bankruptcy protection in September 2008 and the Fall 2009 thaw in The Market than the Manhattan…
Tagged with: broadway, Comps, Contract, Lehman, Mezzanine, Neighbor, Nuclear Winter, Price Drop, Renwick
20 Desbrosses Street loft sells above ask, quickly, with pellet-blasted brick and more (dramatic photos!)
zip! zoom!The Manhattan loft on the 2nd floor at 20 Desbrosses Street is a bit of a puzzle, but the main story is that it found a contract in 23 days and closed $111,000 above the asking price. At $1,300/ft…
Tagged with: 2005, Architect, Artist, Comps, Condop, Desbrosses, Greenwich, Neighbor, Renovation, Watts
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