in search of a new locutionThe Manhattan loft #4R at 240 Centre Street (the venerable Police Building) is said to be “1,800 sq ft” but it plays smaller, to use a basketball term. It took some energetic price chopping to…
Tag: One Bed Wonder
cop loft sells at 240 Centre Street with challenging layout, off 46% from very first ask
Tagged with: 1999, 2007, Centre, Comps, Loft That Plays Small, Mezzanine, Neighbor, One Bed Wonder, Police, Rational
is there a market for a $3mm 1-bedroom loft in Tribeca? (yup: at 25 N. Moore Street)
(in case you were worried)What is the ‘bigger’ (more impressive) way to describe a 1-bedroom loft: as a $3mm sale, or as “1,886 sq ft”? Both descriptions apply to the Manhattan loft #7C at 25 N. Moore Street (the Atalanta).…
tiny price drop does magic for 458 Broome Street loft, kinda sorta
an almost yellow saleSo, sue me! I was away this weekend, so did not do my regular Saturday data dump of loft sales newly recorded in the last 7 days. Hence my early Saturday (getting in the car) post about…
Tagged with: Bachelor, Brick, Broome, Ceilings, Classic, Longandnarrow, One Bed Wonder, Pool Table, Renovation, Tin
from fire sale in nuclear winter to +27% at 155 Hudson Street
price discovery can be hardTake a generic classically Long-and-Narrow Manhattan loft, roughly 22 feet wide, with not a lot to brag about as far as finishes, and try to sell it in two very different sets of market conditions. As…
Tagged with: 2002, 2004, Comps, Hudson, Lehman, Longandnarrow, Neighbor, One Bed Wonder, Peak, Renovation
28 East 22 Street loft has truly “just sold”, fetched $834/ft
you read it here secondI have ragged before on the “just” part of the New York Post’s regular Thursday real estate feature, “Just Sold” (like on February 25). Today’s edition, in contrast, reports a loft sale that is so “just”…
stubborn loft seller wins at 21 East 22 Street
Conventional Wisdom takes another hitEach deed is a fact, but each fact does not necessarily fit a coherent narrative with broader application. Have I lost you yet? A deed filed on April 12 recorded as fact that A Woman sold…
Tagged with: Comps, Conventional Wisdom, East 22, Light, Neihgbor, One Bed Wonder, Price Drop, Stubborn, Views
66 Crosby Street loft sells for $868/ft as a very tall project
how much for just the ceilings and the windows?The second floor in many classic Manhattan loft buildings is like the parlor floor in a brownstone: the ceilings are disproportionately high. In the case of the Manhattan loft #2CD at 66…
Tagged with: Artist, Classic, Crosby, Duplex, High Ceilings, Mezzanine, One Bed Wonder, Photgrapher, Renovation, Windows
20-26 N. Moore Street loft sells quickly if you don’t count 2008 and 2009
what do you get?The Manhattan loft #5W in the twin building coop 20-26 N. Moore Street finally sold on July 28, after coming back to market on February 6 and finding a contract by April 22. Why “finally sold” if…
Tagged with: 2008, Days On Market, Exposures, Lehman, Miller, N Moore, One Bed Wonder, Peak, Renovation, Urbandigs
“true Soho loft” at 169 Mercer St closes at $766/ft
how’d that happen?It is difficult to argue that the block of Mercer Street just below Houston Street is Prime Soho, what with Silver Towers and NYU just to the north, but it certainly is a convenient location. And it is…
107 West 25 Street buyer discerns deal 15% off list, sits in lap of luxury
new times, new values The Manhattan loft #5B at 107 West 25 Street closed on June 25 (the deed was just filed last week), the first loft to sell in this small building since 2007. Please raise your hand…
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