year in review, Part OneI can’t promise that there will be a Manhattan Loft Guy Year In Review, Part Two (or 3 …), but the recent sale of the ground floor loft at 7 Worth Street fits nicely in the…
Tag: Nuclear Winter
129 West 20 Street hums country tune, times the market perfectly, kinda, sorta
paging Kenny Rogers Another way to frame the fight or flight question posed for disappointed sellers (in my November 15 post) is You got to know when to hold ’em, know when to fold ’emKnow when to walk away, know…
Tagged with: 2000, Anchor Effect, Chelsea Quarter, Country Music, Gambler, Kenny Rogers, Nuclear Winter, Psychology, Resale, West 20
is this a $625k renovation of a 1,200 sq ft loft at 720 Greenwich Street?
Manhattan Loft Guy report, you decideThe footprint of the “A” line of The Tower in the West Village at 720 Greenwich Street is pretty funky, as Manhattan lofts go. It winds around an obtuse corner (2 exposures!) with enough of…
asking $1.495mm did not work for 148 West 23 Street loft, but asking $1.575mm did
can’t (really) blame the calendarI’ve talked before about lofts that did not sell during the nuclear winter of Manhattan real estate that followed the Lehman bankruptcy (two years ago next week!), but the recent sale of the combined Manhattan loft…
Tagged with: 2008, 2009, Asking Price, Duplex, Efficient Market, Garden, Lehman, Nuclear Winter, Renovation, West 23
1200 Broadway loft closes near 2009 ask
timing is (not quite) everythingThis story doesn’t get old (at least, not yet): a well-priced Manhattan loft sells after going into contract within a short time, at or near a price that failed in 2009. Today’s’ example is #5G at…
Tagged with: Comps, East 29, Empire State, Gilsey, Mint, Neighbor, Nuclear Winter, Renovation, Velocity, View
what a motivated seller looks like, as 426 West Broadway loft sells
a poster childThe Manhattan loft 426 West Broadway #2G sold on June 23. Aside from being a happy day for the seller, that occasion shows us what someone who really wants to sell will do to, well, sell. To say that…
12 examples of the (rapid) velocity of the Manhattan loft market
velocity, observed, in the rear-view mirrorI chewed on the loft-specific data in the major firms’ Second Quarter Manhattan real estate market reports in yesterday’s post, how did lofts do last quarter compared to overall Manhattan real estate market?. (Woo-hoo to…
Chelsea House kinda sorta holds its own, reveals Truths in The Market
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…
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
808 Broadway seller bites painful bullet, closes off 15% since 2006
nuclear winter poster childI don’t know if there is a better example of the change in The Market that occurred after Lehman filed for bankruptcy protection in September 2008 and the Fall 2009 thaw in The Market than the Manhattan…
Tagged with: broadway, Comps, Contract, Lehman, Mezzanine, Neighbor, Nuclear Winter, Price Drop, Renwick
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