especially smaller loft buildings I have heard a couple of stories in the last few weeks from an agent and a mortgage lender about how some of the arcana about a Manhattan coop’s or condo’s finances make it difficult or…
Tag: Ny Times
the (boring) details about building financials that can prevent your loft from selling
Tagged with: Coop Board, Default, Fannie, Fidelity Bond, Freddie, Lending Standards, Managing Agent, Mortgage, Ny Times
NY Times highlight 142 Duane St sale, mis-counts weeks, omits land lease info
garbage in, garbage out? The problem with relying on the NY Times sometimes for accurate information about Manhattan loft sales is that the Times has to rely on (shudder) real estate agents to supply "facts". That can lead to…
Tagged with: Balcony, Comps, Duane, Efficient Market, Fireplace, Land Lease, Neighbors, Ny Times, One Bed Wonder, Square Feet
neighborly competition leads to neighborly mistakes? the laboratory at 24 East 22 Street
MLG went there before the NY TimesYou may remember that the NY Times ran a piece about multiple apartments for sale in the same building back in August (August 10, Neighborly Competition). You may also recall that I used to…
Tagged with: Competition, East 22, Flatiron, Lot Line, Met Life, Ny Times, Off The Market, Sold, Views, Windows
55 White Street #4C closed, finally, around $1,000/ft
those price drops can work pretty well…The Manhattan loft at 55 White Street #4C just closed for $2.045mm (updated in our system November 6, deed filed October 28, but no clearing price available until now). The recent listing history is…
80 Chambers Street flies off the shelf at $1,000/ft
how quick is quick?Check out this listing history, from our inter-firm data-base:— new to market April 28 — accepted offer May 1 — contract May 2 I don’t know whether to riff on cheesy TV Batman (POW, BAM, SOCK) or…
Tagged with: 000ft, 1, broadway, Chambers, Conversion, Mixed Use, Ny Post, Ny Times, Office Building, Rental
Manhattan as 'different' (not unique) / counting geniuses + immigrants
a reflection, not a rigorous analysisI am not a card-carrying member of the Manhattan Is Unique So Real Estate Price Will Never Come Down party, but I have audited classes in the Manhattan Market Is Different school. I noted with…
Tagged with: Boston, California, Forbes, Genius, Haberman, Immigration, Macarthur, Midwest, Ny Times, Realtor
the problem with anecdotes / reports from 40 Bond Street and Time Warner
Though a relatively short piece, Josh Barbanel’s June 8 Sunday NY Times review of market data (A Mixed Picture) was rich for me, generating a June 11 post (data point in a sideways market / closing at 32 West 18…
(actual) recent Manhattan loft sale at 115 Fourth Avenue reported in NY Post
unlike the Times … … the NY Post’s weekly feature Just Sold does claim to be about "recent" Manhattan sales, and the report from June 12 includes a loft at The Petersfield, 115 Fourth Avenue, that closed with a deed…
Barbanel gives up Manhattan sales data in NY Times, grudgingly
stingy reporter!I referred in Wednesday’s data point in a sideways market / closing at 32 West 18 Street to "Josh Barbanel’s latest frustrating review of market data from Sunday’s New York Times (A Mixed Picture)" as an intro to that…
(not very) recent NY Times Residential Sales / 22 Mercer Street loft sold in February
silly meI just checked the fine print in this past Sunday’s NY Times feature Residential Sales Around the Region and was surprised not to see the word "recent" modifying "sales" anywhere on the page. I have just been assuming that…
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