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…
Tag: Neighbors
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
price drop can re-set expectations IF low enough
probably not low enoughThere’s a Manhattan loft newly returned to market in a brand-name Tribeca building that has been for sale for quite a while. It is now on its third firm and fourth price. It is hard to see…
neighborly competition / laggard at 144 West 18 Street closes off 15% since December
first one to $1.7mm winsTwo Manhattan lofts at 144 West 18 Street (known, not poetically, as the Chainworks Building) closed 6 months apart. You won’t be surprised to learn that the one that closed 6 months ago (#4N) closed higher…
ending up where they started / $4mm closing at 99 Jane
head scratching in a thin marketThe Market just proved that the Manhattan loft #10A at 99 Jane Street is worth $4mm, as that is the clearing price just now publicly available from the May 30 closing. That strikes me as…
break away to win the neighborly competition / so many lofts, so many dollars … but no sales (yet)
but will ANY win? I have been having an off-line dialogue since March with Reader SW about a particular high-end Manhattan loft building with multiple units for sale, which prompts a(nother) rumination about neighborly competition. (I have linked to…
10 Bleecker remarkable space holds value remarkably well
as B goes, so goes AYou might look at the successful 9 day marketing campaign (NINE DAYS!) a year ago of the Manhattan loft #7B at 10 Bleecker Street as a marvel of timing, in the sense of how marvelous…
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