how bad was that nuclear winter, grampa?The last time the “1,135 sq ft” Manhattan loft #5D at 121 West 17 Street was offered for sale the ask was $1.34mm; this time, $1.295mm. Last time, the clearing price was $870,000; this…
Tag: Poster Child
buy low, sell high: simple advice well executed at 121 West 17 Street loft
Tagged with: Comps, Desperate, Discount, Neighbor, Nucear Winter, Opportunistic, Poster Child, Screens, West 17
higher floor, higher price: artist loft at 81 Grand Street sells high, 4 flights up
new kitchen, thoughIt is hard to tell from the broker babble exactly how much renovation would be needed, given the condition of the “classic” Manhattan loft that just sold on the 5th floor at 81 Grand Street. New kitchen aside,…
141 West 17 Street gets huge premium for sparing no expense
it’s nice when it worksI hope the new owners of the “2,500 sq ft” Manhattan loft #6W at 141 West 17 Street got the mortgage they want (if they want a mortgage; nothing’s been recorded yet), but I have my…
Tagged with: 2006, Aggressive, Classic, Comps, Longandnarrow, Neighbor, Poster Child, Renovation, West 17
stubborn seller of 130 Fulton Street loft takes 10% haircut
yes, we have a word for the weekNow that we know that it is not a slur to call a seller with a sticky asking price “stubborn”, here’s another one: when the Manhattan loft #11B at 130 Fulton Street closed…
Tagged with: 2006, Brooklyn Bridge, Downtown, Flip, Fulton, Poster Child, Stubborn, Views, Woolworth
The Market corrects a Cast Iron loft over-correction, as 67 East 11 Street loft sells above (reduced) ask
Aphorisms ‘R UsStop me if you have heard this before: if a seller sets a price that is ‘too low’ The Market has an opportunity to fix that price. When the little (“710 sq ft”) Manhattan loft #411 at 67…
Tagged with: Cast Iron, Comps, Correction, East 11, Efficient, Neighbor, Outdoor Space, Poster Child, Small Loft
718 Broadway loft sells at $569/ft, not $1,064/ft, in 2011, not in 2007, or 2006, or 2005
price discovery can be painful, quiteMight do more on this Manhattan loft sale at a later point, but this will be a quick post about a sale that jumped out at me for a dramatically low price: the “1,405 sq…
market changes, personified by 67 East 11 Street loft sale
a warm welcome for another poster child, please!When the Manhattan loft #711 at 67 East 11 Street (the Cast Iron Building) sold on March 17 for $760,000 to earned Manhattan Loft Guy poster child status, with a caption “into (and…
Tagged with: Cast Iron, Comps, Duplex, East 11, Efficient, Neighbor, Outdoor Space, Penthouse, Poster Child, Roof Deck
loft at 244 West 23 Street closes off 28% since 2007 with big roof deck
what a motivated seller looks likeAfter three days in a row of Manhattan Loft Guy posts about loft resales at curiously strong prices, consideration of the March 16 closing of the Manhattan loft #7A at 244 West 23 Street at…
Tagged with: 2007, Comps, Miller, Motivated, Neighbor, Poster Child, Price Drops, Roof Deck, Unfair, West 23
137 Duane Street loft sells after falling off peak
one child, two postersThe first time the Manhattan loft #2A at 137 Duane Street (Diamond Duane) sold it was auditioning as a poster child for Lofts That Sold At The Peak. (The sponsor sale was April 25, 2008, off a…
213 West 23 Street loft takes what the market gives (28% off original ask)
when is a quick sale not a quick sale?To look at the recent marketing history, the Manhattan loft #5N at 213 West 23 Street was a pretty quick sale: to market September 8 at $3.695mm, contract by November 2, sold…
Tagged with: 2005, 2008, Disappointed Seller, Discount, Hiatus, Mcburney, Off The Market, Poster Child, West 23
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