down $950k overallThe Manhattan loft #5 at 135 West 14 Street is the latest sale at the new condo construction "Loft 14", having closed December 22 (deed filed January 14). The "2,161 sq ft" floor-through has a classic Long-and-Narrow loft…
Tag: New Development
loft developer in default at 654 Broadway
crunched by numbersNot a pretty story reported in The Real Deal (last Friday, on line) about a Manhattan loft developer default, CIT Group sues for $12M at Noho condo site. I don’t have a lot of any experience running numbers…
master list of Manhattan loft closings since November
this is The Big OneIt has been quite a while since I posted loft-closings-in-last-30-days, but I have not stopped keeping track of Manhattan residential lofts as they close. While there are many limitations in the data (discussed below), the collection…
another big developer haircut as 246 West 17 Street closes at 25% discount (again)
cutting to dealI hit some new developments that closed after significant discounts from their last asking prices on June 20 (developer haircuts at 15 East 26 Street, 333 West 14 Street, 50 West 15 Street + 246 West 17 Street)…
they gave the roof away to close the 158 West 23 Street penthouse
very, very, very weakThe Manhattan loft conversion at 158 West 23 Street started marketing in mid-2007, offering floor-through lofts of "1,865 sq ft" that were offered as open spaces with full kitchens and (usually) (only) 1.5 baths. I.e., not exactly…
shorn but sold at 109 Greene Street
doing what you have to doThe Manhattan loft #2B at 109 Greene Street has sold three times since it was brand spanking new in 2005. This is going to get bumpy, but let’s get out some facts (closing dates and…
last sponsor sale at 59 John Street / folding tent + closing wallet
the price of a bath?The Manhattan loft in the new development (well, it was new in 2007) Five Nine John Lofts, #PH2 at 59 John Street, closed on June 24 at the recently public price of $1.35mm. Billed as the "last…
at 260 Park Avenue South 2006 = 2009
up, then down (probably not flat)The Manhattan loft #4-I at 260 Park Avenue South sold in March $2,000 lower than these sellers paid in July 2006. Had they been marking to market all along (tracking their real estate investment), they…
30 days of actual Manhattan loft sales, from February 11
I captured 30 days of reported Manhattan "loft" sales from the inter-firm data-base on February 11, comprising a third set of 30-day-sales data. The limitations, cautions, gripes and hopes set forth in my initial collection (December 18: hard data…
(kinda) quick trip to closing, but a long trip off ask at 147 Waverly Place
flipping can be stressful, no? (+ exciting) The story of the marketing and sale of Unit 1E at 147 Waverly Place (a ‘successful’ flip) is not a long story (except as I tell it), but it packs a punch. But first,…
Tagged with: 2006, Closed Sale, Flip, New Development, Price Drop, Real Deal, Sixth Avenue, Theater, Waverly
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