Tag: New Development

9 Murray Street loft sellers go ka-ching and move to non-loft loft at 4 West 21 Street

I should not take these things personallyManhattan loft snob that I am, I tend to have an irrational sense of regret when loft owners sell a loft to move to an apartment. A ridiculous reaction, even if anyone cared. But

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40 Mercer St loft resale up 13% over 2009 sale, 21% lifetime

straight line gainsThe Manhattan loft #3D at the celebrated 40 Mercer Street sold on April 6, for the third time in its young life. (Does that mean people love it or hate it?) I will explain in a minute why

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a flippin' fast flip at 151 Wooster Street, for a vanishingly small 'profit'

you’ll see how it vanishedWarning: there is no typo in the following sentence. The Manhattan loft #5A at 151 Wooster Street sold on March 3 for $5mm and on February 1 for $4.65mm. The trick is that the first sale

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101 Warren Street resale makes news without being new

the greying of The Old Grey Lady continuesDo people think that the regular Sunday New York Times real estate section feature Residential Sales Around The Region features recent sales? I bet they do, though to be fair to the Times

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disappointed not to get $2,000/ft? maybe yes, maybe no as 7 Hubert Street loft sells

it did double since 2004 The Manhattan loft #4A at 7 Hubert Street sold on March 7 at $4.5mm, on the one hand at nearly twice the original sponsor sale in 2004; on the other hand at a 10% discount

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O’Neill loft at 655 Sixth Avenue sells despite not being marketed from July 2007 to December 2008

otherwise, it was actively marketedSome marketing campaigns are longer than others; few are as long as this (perhaps none). When the Manhattan loft #3B at 655 Sixth Avenue (the O’Neill Building) finally sold on February 28 for $1.22mm it had

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eventual 92 Warren Street resale beats 2007 new development price by 5%

one theme, or anotherIs the recent sale of the Manhattan loft #5W at 92 Warren Street more interesting because it is a resale of a 2007 new development that exceeded the original sponsor sale price, or is it more interesting

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ballyhooed loft masterpiece at 48 Bond Street off (only) 6% since peak

et tu, Berke?When the Manhattan loft #7A at 48 Bond Street sold on February 23 at $2.395mm, it was the second resale in this much-praised 2007 new development that helped remake this corner of Noho, though the first resale of

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ballyhooed loft masterpiece at 48 Bond Street off (only) 6% since peak

et tu, Berke?When the Manhattan loft #7A at 48 Bond Street sold on February 23 at $2.395mm, it was the second resale in this much-praised 2007 new development that helped remake this corner of Noho, though the first resale of

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O’Neill loft seller finally gives up, yet sells above ask at 655 Sixth Avenue

bizarre is in the eye of the beholderI don’t think that the most unusual thing about the sale of the Manhattan loft #2M at 655 Sixth Avenue (The O’Neill Building) is the synchronicity in that it sold on February 17

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