regressing (meanly)I have been following a funky-but-spectacular (in its way) Manhattan loft and — after noting the last price drop (and reading a little frustration between the lines of the marketing text) — I checked on two other units in…
Tag: Neighbors
you price it high, you pay the price / 105 East 29 St #11 closes, finally
from September 2005 to nowManifestly, the sellers of the beautiful 11th floor loft at 105 East 29 Street (with "3,000 sq ft" that have room for 2 fireplaces, 4 exposures and 19 windows) mis-perceived the Manhattan loft market when they…
getting pushy but getting it / 90 Hudson exceeds $1,200/ft
renovation bliss, perhaps The Manhattan loft #5B at 90 Hudson Street was certainly pushing the envelope when it came to market in September 2007 at $1.495mm (we know this because it did not sell). That ask was roughly $1,500/ft…
NY Times highlight 142 Duane St sale, mis-counts weeks, omits land lease info
garbage in, garbage out? The problem with relying on the NY Times sometimes for accurate information about Manhattan loft sales is that the Times has to rely on (shudder) real estate agents to supply "facts". That can lead to…
Tagged with: Balcony, Comps, Duane, Efficient Market, Fireplace, Land Lease, Neighbors, Ny Times, One Bed Wonder, Square Feet
my job does not include magic tricks / pondering pricing puzzles
sometimes "impossible" means just that I stumbled across a NY Magazine piece today that compared Manhattan coop listing prices in 2007 to Manhattan coop listing prices in 2008 to assess how optimistic sellers are now. There’s a table, but…
more unintended consequences in petri dish of Tribeca neighbors
can you stir the pot in a petri dish?I hit a Tribeca building with 3 active Manhattan loft sale listings on December 8 (selling the neighbor’s loft / unintended consequences in a Tribeca petri dish?), another in my occasional neighborly…
selling the neighbor's loft / unintended consequences in a Tribeca petri dish?
pricing within a building is … interestingI remain fascinated by multiple units offered for sale in the same Manhattan loft building. I riffed on the possibility of one mistaken price leading to another on November 30 in neighborly competition leads…
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