fits and starts, dollars and senseSomething happened to the Manhattan loft #11E at 222 Park Avenue South, as it was on the market only two days at $2.99mm before going off the market for 4 weeks. Maybe they weren’t quite…
Tag: Peak
Chelsea House loft at 130 West 19 Street bounces back from nuclear winter sale
when up-up is more like down-upThe two times the Manhattan loft #7A at 130 West 19 Street (the Chelsea House) has resold, both sales have been arithmetically positive, which has certainly not been the case for all resales at this…
Tagged with: Chelsea House, Comps, Neighbor, Nuclear Winter, Peak, Rational, Rent V Buy, Resale, West 19
20 East 17 Street loft sells plus 6% over Peak
after some workThere are other fun stories here, but the big story in the listing history of the recently-resold “2,125 sq ft” Manhattan loft on the 7th floor of 20 East 17 Street is the increase of $129,000 from the…
over-optimistic loft seller at 124 West 24 Street still beats 2007 buy
if buy low, easier to sell high (d’oh!)The 20-unit Manhattan 2007 loft condominium conversion at 124 West 24 Street is an interesting laboratory for observing the behavior of rats buyers over time. The most recent data point is the October…
Tagged with: Comps, Light, Neighbor, New Development, Nuclear Winter, Peak, Rational, Resale, Sponsor, West 24
uber-renovated (?) loft at Chelsea Mercantile sells 7% above Peak
what does it cost to uber your renovation?The “1,344 sq ft” Manhattan loft #4J at 252 Seventh Avenue (the game-changing Chelsea Mercantile) just sold for $1.725mm in “perfectly uber-renovated” condition (“[n]o stone was left unturned in this state-of-the-art renovation”), closing…
Tagged with: Bing Bing, Chelsea Mercantile, Downsizing, Horatio, Jackson Square, Peak, Renovation, Seventh, Uber
under $900/ft for a loft at the other (first) Ice House, 354 Broome Street UPDATED
are developers like thieves?Yes! (But not in the sense you probably mean.) Having talked yesterday about the ++ pricing at 27 N. Moore Street (the Ice House) (October 24, turn of the century Tribeca at $1,600/ft, again at 27 N.…
245 Seventh Avenue loft got the memo about 2007 pricing, sells at (small) premium
which number is most impressive?There are several impressive numbers associated with the sale on August 16 of the “2,258 sq ft” Manhattan loft #3A at 245 Seventh Avenue for $2.8mm: that was the 6th time the loft has sold since…
129 Lafayette Street loft beats 2008 price, caps B-line frenzy
(there’s a trick involved)Yes, when the Manhattan loft #2B at 129 Lafayette Street sold on August 31 at $1.375mm, that price was an improvement of 18% over the last sale, in 2008. But that 2008 sale at $1.168mm was in…
Tagged with: 2005 New Development, Apartment, Comps, Cookie Cutter, Flip, Floor Plan, Lafayette, Lehman, Neighbor, Peak
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
motivated (proud?) seller picked the wrong price at 315 West 23 Street loft, again + again
new kitchen had to be some help, right?One story for the Manhattan loft #12A at 315 West 23 Street (the Broadmoor), which cleared the market at $1.135mm on August 24 is that was down nearly 20% from The Peak, but…
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