Tag: New Development

from $1,102/ft to $874/ft at 420 West 25 Street in 3 years

no surpriseUnit #7D at the 2007 Manhattan loft conversion Loft 25 at 420 West 25 Street closed on February 27, 2008 at $1,476,462, from a contract signed in May 2007. This clearing price of $1,102/ft for the "1,339 sq ft"

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22 Mercer Street closes up since 2007

  but not as well as neighborThe Manhattan loft #2D at 22 Mercer Street closed on March 4 at $3.05mm, which makes for 2 interesting comparisons. First, it had been purchased in the initial offering of this relatively new condo

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a $2 million view on Madison Square? comping at 15 East 26 Street

how much would you pay?[UPDATE 2.4.11: I looked at this post again for purposes of another ‘view’ post and was embarrassed to see that I never spell-checked this. What a mess! I have made the many corrections (26!!), this time

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with 225 Fifth Avenue, now 20 pairs of 2007 sales + recent resales

  quick pointsI noticed today that the Manhattan loft #10A at 225 Fifth Avenue had a deed filed yesterday (some details to follow) and in the course of looking at past history here (The Grand Madison) I discovered that I

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what about that (not yet) New Construction across the street?

  good, or bad? yes and noI had a kind of cocktail party conversation with someone who may be buying very near a high profile (pun intended) proposed Major Real Estate Development in a prime part of Manhattan. Long story

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new development limping towards finish line

  will it cross?There’s a new development property that has been offering Manhattan lofts for sale for so long that I used to regularly refer to it when I commented on active listings of other firms. When I noted a

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now 17 pairs of 2007 Manhattan loft sales + recent resales

quick noteI just edited the March 5 post (now titled) data dump: 17 Manhattan lofts sold in 2007 + recently, to add 3 Manhattan loft resales with recent deeds filed that were last sold in 2007. It is an interesting

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data dump: 27 Manhattan lofts sold in 2007 + recently

  [UPDATE 4.12.10: added 7 more! so I also added 2 paragraphs near the end] [UPDATE 3.18.10: added 3 more, all from The Grand Madison, all showing mild declines from the prior sale in 2007] [UPDATE 3.12: I have added

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master list of Manhattan loft closings is up to date!

finally!No kidding around … no one else has this data. I have just completed the Master List of Manhattan loft closings, bringing it up to date with deeds filed as of February 5 (the most recent available as of this

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new development 72 Mercer holds its own from peak

  looking up from THE peakThe Manhattan loft #4E at 72 Mercer Street traded on January 29 (deed filed yesterday!) for $3.2mm, which is noteworthy for more than the up-to-the-minute currency: when it sold as brand spanking new in April

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