why did that first contract fail?It is impossible to know this kind of thing from the outside, but there is a reason that the “1,300 sq ft” Manhattan loft #6C at 133 West 28 Street took nearly a year to…
Tag: Outdoor Space
Flower District loft at 133 West 28 Street sells at small discount after 11 months, 2 firms, only a $5,000 drop
Tagged with: Comps, Contract, Discount, Flower District, Miller, Negotiation, Neighbor, Outdoor Space, Patience, West 28
unsold in 2010, Steiner Building penthouse loft sells 17% off 2007
The Market is uneven. Always.How many times have you heard me say, more or less, data points are data points, whereas The Market is The Market? Today’s context for such metaphysical musing is the duplexed “2,654 sq ft” Manhattan loft…
Tagged with: 2007, Comps, Miller, Neighbor, Outdoor Space, Paired Resale, Penthouse, Roof Deck, Steiner, West 17
no-view loft at 120 West 18 Street sells at $905/ft, reveals what neighbor's roof is worth
fun with compsI love that the “1767 sq ft” Manhattan loft #4B at 120 West 18 Street was marketed as “this is not a ‘view’ apartment” (except for that “apartment” thing, of course) because it so beautifully and simply manages…
strange relo deal gets seller +14% over 2007 tho loft at 356 Broadway worth -8% less
how facts can mis-informIf you were following the hyper-local Manhattan loft market at 356 Broadway in east Tribeca, you would have had a very different view of that market toward the end of 2011 than you would now. How different…
Tagged with: 2007, Arms Length, Bizarre, broadway, Deed Record, Mezzanine, Outdoor Space, Paired Resale, Relocation, Roof Deck
151 West 28 Street loft sells at $694/ft, $400,000 short of triple mint
the value of a dreamThe recent sale of the “1,845 sq ft”* Manhattan loft #2W at 151 West 28 Street (Groff Studio) is a rather clean indication of how The Market values condition, as its create-your-dream marketing campaign competed directly…
Vision Loft at 124 West 18 Street sells with huge premium for roof deck
“Art, meet Science”I don’t know why I continue to be surprised when outdoor space drives value … errr … through the roof, but perhaps that capacity for surprise helps keep me young. Today’s Ponce de Leon moment is occasioned by…
Tagged with: Comps, East 2, East 26, Miller, Outdoor Space, Roof Deck, Terrace, Vision Lofts, West 18, West 25
tough times in mini-loft market? or just at 21 East 22 Street & 77 Bleecker Street
eerie parallelsOne of the fun things about the (typically) weekly updates I do to the Master List of Manhattan Lofts Sold Since November 2008 is the opportunity to notice coincidences, and (sometimes) the beginning of trends. This pair of Manhattan…
Tagged with: 2006, Bleecker, Coincidence, Comps, East 22, Miniloft, Outdoor Space, Studio, Terrace, Trend
20-26 N. Moore Street loft comps out needing $200/ft renovation
a different kind of paired resale analysisThe brief and highly successful marketing campaign of the Manhattan loft #5E at 20-26 N. Moore Street is fascinating on several levels: it is easy to read between the lines to see that this…
Tagged with: 2007, Bidding War, Comps, N Moore, Neighbor, Ny Times, Outdoor Space, Peak, Renovation, Views
down 9.5% at 249 West 29 Street since 2007 (not fair!)
not all 2007 buyers are happy sellersHere is another Manhattan loft on the list featured in my September 27, is the Manhattan loft market back to (up to) 2007? 61 repeat sales say “probably”, “a bit”, post about 61 pairs…
when neighbors really compete, market can be quite efficient, as at 58 Walker Street
head-to-head and dollar-for-dollarUnlike the neighboring Cobblestone Lofts I hit on August 6 (28 Laight Street loft sale under-performs neighbor’s sale) that engaged in a serial competition for buyers, the two lofts that recently sold at 58 Walker Street directly competed.…
Tagged with: 2003, Ceilings, Competition, Comps, Longandnarrow, Neighbor, New Development, Outdoor Space, Walker, Warehouse
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