provocative price does its job: generates a feeding frenzy Let’s start (uncharacteristically) with the main point: it’s not that the “2,500 sq ft” Manhattan loft on the 7th floor at 710 Broadway sold quickly for a lot of money, it’s…
Tag: Noho
lots of reasons loft at 710 Broadway sold 30% over ask
Tagged with: Aphorism, Bidding War, broadway, Long And Narrow, Noho, Nyu, rational market, Vaulted Ceilings, Volume
712 Broadway loft sellers are the very model of modern motivated sellers (and unhappy flippers)
4 drops in 80 days, selling at huge haircutBecause it can be hard to track sales by units in the 2-building coop that includes 712 Broadway and 714 Broadway, there is no sales price associated with the StreetEasy listing for…
Tagged with: Barrel Vault, broadway, Ceilings, Classic, Discount, Flip, Motivation, Noho, Psychology, Renovation
not gussied, 46 Great Jones Street loft sells after 363 days, down 42% from first ask
I don’t find that in my (out of date?) handbookI don’t think I’ve seen this locution to describe an “authentic” Manhattan loft before: “NOT Gussied Up”. I think it like it, but the fact that it sticks out probably means…
Tagged with: Authentic, Broker Babble, Classic, Cruel, Discount, Floor Plan, Great Jones, Longandnarrow, Noho, Renovation
again running with the bulls at 48 Bond Street, up 18% over 2008 this time
the Berke premium growsOf course we have been on Bond Street before, talking about how that small stretch of Noho has taken off after just two new residential loft uber-condo developments (starting with my November 1, 2007, re-setting values at…
man takes small nip at big dog: 48 Bond Street loft resells 41% above 2008
not so unusual, except for scaleThe last few resales at the Deborah Berke designed oh-so-successful 2008 new development 48 Bond Street have been above their 2008 prices, so it is not is so unusual that the “1,551 sq ft” Manhattan…
were sellers of 21 Astor Place loft more motivated this year, or was market stronger than in 2011?
the numbers say there is a story, but not what the story isThe sellers of the “1,436 sq ft” Manhattan loft #10A at 21 Astor Place gave it a long shot last year, asking $2.25mm almost six months before taking…
55 Great Jones Street loft with unobstructed views + potential sells for $1,016/ft
reading between the lines, and pixYou could just “[p]aint and move right in” to the “2,300 sq ft” Manhattan loft on the 4th floor at 55 Great Jones Street “or [you could] update with your own vision”, as the broker…
Tagged with: 1980, Great Jones, Maintenance, Mortgage, Noho, Old School, Potential, Renovation, Selfmanaged, Views
endless possibilities cost $1,160/ft in quiet Noho, at 325 Lafayette
are you following the disconnect here?Yesterday it was an artist’s loft of “3,300 sq ft” in the bottom of Soho that cleared for $742/ft (April 16, artist loft clears at $742/ft in south Soho, 307 West Broadway). Today it is…
Tagged with: Carrying Costs, Certificate Of Occupancy, Comps, Gut, Lafayette, Mulberry, Neighbor, Noho, Possibilities, Renovation
back story on celebrity Noho loft purchase at 10 Bleecker Street is about the sellers
numbers v. namesThe big story in this report in The Observer last week about the sale of the “2,500 sq ft” Manhattan loft #3A at 10 Bleecker Street (aka “#3F”) for the full-ask $3.25mm was the identity of the celebrity…
Tagged with: 2007, Agency, Babble, Bleecker, Disclosure, Fiduciary, Noho, Renovation, Serial Renovators, Village
682 Broadway loft sells up 33% since 2007 after moving some walls
[updated Oct 2]or somethingWhen the “3,000 sq ft” Manhattan loft on the 3rd floor at 682 Broadway sold on August 25 at $4mm, it added another data point to a line with a steep slope. The loft last sold on…
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