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…
Tag: New Development
Chelsea House kinda sorta holds its own, reveals Truths in The Market
Tagged with: 2006, 2007, 2009, Chelsea House, Competition, Comps, Neighbor, New Development, Nuclear Winter, West 19
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
sales price kerfuffle, as ACRIS changes, so does StreetEasy, but world does not end
this explains some of the funny (non-round) numbersThis may be a bit too inside baseball for some (many?), but the way New York City reports real estate sales prices changed in March, and The Real Deal stirred things up this…
Tagged with: Acris, Closing Costs, Comps, East End, New Development, Real Deal, Streeteasy, Transfer Tax, Urban Digs
the vultures next door / 505 Greenwich sells to neighbor
seemed like a good idea at the time (2008), no?Take a photograph of the folks who just sold the Manhattan loft #8C at the 2005 new development 505 Greenwich Street and put the photo in the gallery labeled We Rue…
suing, shaming + publicizing your problems / a fraught cost-benefit analysis
rocks + hard placesIf I hadn’t gotten distracted on Tuesday by other recent news and expanded a draft post into the politics, wisdom or inanity of airing dirty linen about your coop or condo, I would have focused on the…
ups and downs at One York / recent sale off 7% since 2008
(a) lower, higher, then lower, all at very high levelsThe blogosphere just loves a $24 million dollar Manhattan loft, so the news that the Penthouse at One York Street closed last week for $23,689,586 made quite a splash on Curbed…
the politics, wisdom or inanity of airing dirty linen about your coop or condo
something in the water??I had intended this morning to do a post focused on one particular dispute between a condo developer and unit owners in Brooklyn, but then I saw an article in today’s NY Times airing angry emails between…
Tagged with: Condo Board, Construction, Coop Board, Green, Leed, Litigation, New Development, Publicity, Shareholder Meeting
then what? 34 Leonard new Manhattan loft development to be auctioned
wanna buy a building?Back when I was marketing a Tribeca loft that never sold (sellers were firm about what they wanted; The Market was firm that it was not available), I used to watch the construction of 34 Leonard Street…
Tagged with: Amenities, Auction, Busters, Foreclosure, Land Lease, Leonard, New Development, West Broadway
the case of the curious “typo” / 41 Rushmore buyers get to rescind
Real Deal trumps NY Times [with April 16 update, below]The fascinating story of 41 in-contract buyers at The Rushmore being granted the right to rescind their contracts is not a Manhattan loft story, but it is a Manhattan new developments…
Tagged with: Attorney General Rescission, Extell, New Development, Ny Times, Real Deal, Typo, Zrushmore
developer takes 27.2% haircut to close 166 Perry Street
did they get bored?The listing histories for the uber-development 166 Perry Street are a little fuzzy. Marketing started in 2007, well before construction was complete. (I wonder if the dominant color on the spreadsheets changed between first marketing and first…
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