sometimes Manhattan Loft Guy gets it rightI posed a question on July 8 that was answered very quickly: will pricing 25% below 2007 hit The Market in a sweet spot? The answer came in an update on StreetEasy the very…
Tag: Neighbor
Porter House loft may be “beyond the beyond” but sells off a million, up 40% or down 25%
context tells the story, but what’s the context?The Manhattan loft #3W at 66 Ninth Avenue (The Porter House) was marketed very enthusiastically at prices The Market was not ready for. It cleared on June 23 at $2.15mm, which is a…
Tagged with: 2003, 2006, 2007, Cantilever, Competition, Meatpacking, Neighbor, Neighbors, Ninth, Porter
170 Fifth Avenue closes AT 2007 (maybe)
isn’t that cool?There have been a series of Manhattan Loft Guy posts of late comparing 2009 clearing prices to 2005, or other prior sales. (This July 29 post canvassed quite a few, attack of the Killer Comp (when 2005 pricing…
attack of the Killer Comp (when 2005 pricing does not help)
tough to price, if even 2005 is too highThere’s a pretty big Manhattan loft in a Chelsea corner that has been patient at an asking price around $1,100/ft for 3 months, which is just slightly less than the loft sold…
courage is rewarded / 161 West 15 Street sells in the sweet spot of a cold market
easy on, easy off (sometimes), through tough compsHow’s this for getting it right? The Manhattan loft #2A at 161 West 15 Street came to market on January 16 and found a contract in 32 days (it closed May 12…
down a million bucks, now pitching at a pre-2005 $625/ftaa
a little limbo action?There’s a rather large Manhattan loft for sale at a new price that is $1mm less than the original asking price. When it came to market last Summer (happy birthday wishes are now in order) a…
100 Reade Street sale is straight out of 2005 while wishing for 2008
which is when?This "1,550 sq ft" Manhattan loft sold for $1.545mm: "Stunning bright est. 1550sf … in one of TriBeCa’s most desired land marked addresses. Grand dining/living room with open kitchen flooded with southern light is perfect for entertaining while…
dropping $2mm to make an un-lofty sale at 175 Sullivan Street
back story tells the story Officially, the Manhattan "loft" #4A at 175 Sullivan Street was on the market only since January 2009 ("starting" at $3.25mm) before closing on June 16 at $2.65mm — an apparent 18% discount. But the…
Tagged with: 2007, Ceilings, Contract, Lehman, Negotiation, Neighbor, Neighbors, Price Drop, Sullivan, Village
will pricing 25% below 2007 hit The Market in a sweet spot?
will a modest asking price be rewarded?There’s a lovely Manhattan loft newly offered for sale at about 15% above where it was bought brand new 4+ years ago. Why do I think this is a modest asking price? Neighbors downstairs…
(too rich, too thin) too stylish to sell (well)?
vanilla (sold) vs. guava with hints of chili (languishing)I was going to do this post about a recent sale of a Manhattan loft (one of those great price! 3-weeks-to-contract price discussions), possibly followed by an aside about the remaining unit…
Tagged with: Competition, Contract, Design, Ice Cream, Neighbor, One Bed Wonder, Price Drop, Renovation, Thin Market, West 18
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