much ado, much profitThe folks who bought the “2,057 sq ft” Manhattan loft #4B at 124 Hudson Street in April 2007 just sold it for a gain of 16%. That’s nice work. Weird thing is that it took a while…
Tag: Peak
10 months + 4 price drops to contract for 124 Hudson Street loft to sell 16% over 2007 but only off 5% from original ask
Tagged with: 2001, 2007, Classic, Comps, Greenwich, Hudson, Neighbor, New Development, Peak, Rent V Buy
did American Thread loft at 260 West Broadway sell on a formula in private sale?
or, do you believe in coincidence?I am always intrigued by private sales of Manhattan lofts, wondering whether they represent true arm’s-length transactions at The Market, or whether they should be ignored (and left off the Master List of Manhattan Lofts…
Tagged with: 2007, American Thread Company, Apartment, Comps, Neighbor, Peak, Photographer, Prewar, Private, West Broadway
New York Observer observes loft sale at 165 Duane Street but does not like lofts
or follow Manhattan Loft GuyAt least two things did not impress the New York Observer about the recent sale of the “1,550 sq ft” Manhattan loft #3D at 165 Duane Street: that it garnered a gain of only 10% from…
Tagged with: 2007, Broker Babble, Comps, Duane, Kitchen, Neighbor, New York Observer, Observer, Peak, Renovation
126 West 22 Street loft beats near-Peak, with upgrade
Upgrade Week continues…Ah, the perils of parsing broker babble …. The marketing campaign for the recently sold “2,200 sq ft” Manhattan loft #11N at 126 West 22 Street (Chelsea Flats) is full of upgrade language, some more specific than others,…
720 Greenwich Street loft illustrates my ballpark Peak-to-Now
this is what “about 10%” looks likeYou don’t have to be a regular reader of Manhattan Loft Guy to know that The Peak prices in the overall Manhattan residential real estate market were recorded in the First Quarter of 2008,…
Tagged with: Ballpark, Broker Babble, Floor Plan, Greenwich, Layout, Peak, Pictures, River, Views, West 17
curiously modest pricing of no-expense-spared renovated loft at 66 Leonard Street nets (predictably?) modest price
if they were trying to provoke a war, they missedI have to wonder if the sellers of the “1,780 sq ft” Manhattan loft #12D at 66 Leonard Street (the Textile Building) thought they were going to provoke a bidding war,…
Tagged with: Competition, Comps, Floor Plan, Leonard, Neighbor, Peak, Proper Names, Renovation, Textile
sometimes the bear gets you: 245 Seventh Avenue mini-loft sells 22% off from peak sale
Froth + Peak + Trough + Thaw need a 5th stepKnowing that the last time the “981 sq ft” Manhattan loft #4C at 245 Seventh Avenue was almost exactly at The Peak of the overall Manhattan residential real estate market,…
bromancing The Miller: squiggly chart explains (not quite) everything about Manhattan real estate trends
this is old, but so am IYou don’t have to be a long-time reader of manhattan Loft Guy to know I have a thing for The Appraiser Who Must Be Named, aka the appraiser who must be named The Miller…
Tagged with: Chart, Credit, Curbed, Inventory, Miller, New Devleopment, Nuclear Winter, Peak, Thaw, Trends
7 Essex Street loft goes for Peak, wins!
nice when it worksBefore the recent sale of the “1,584 sq ft” Manhattan loft #7A at 7 Essex Street at $1.6mm, the last loft in the building to sell at or above that price was way back at The Peak,…
did a Jedi mind trick garner 40% premium over 2010 for a small loft at 107 West 25 Street?
is your coffee fresh?The recent sale of the “1,100 sq ft” Manhattan loft #2C at 107 West 25 Street, which recently sold (with a “400 sq ft” private terrace) at $1.4mm, involves a deceptively complex tale. The complexity will unfold…
Tagged with: 2007, 2010, Broker Babble, Comps, Jedi Mind Trick, Neighbor, Peak, Rational, Renovation, West 25
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