vanilla (sold) vs. guava with hints of chili (languishing)I was going to do this post about a recent sale of a Manhattan loft (one of those great price! 3-weeks-to-contract price discussions), possibly followed by an aside about the remaining unit…
Tag: Price Drop
(too rich, too thin) too stylish to sell (well)?
Tagged with: Competition, Contract, Design, Ice Cream, Neighbor, One Bed Wonder, Price Drop, Renovation, Thin Market, West 18
why would you do that? flipping (trying) at 25% over February 2009
head-scratching ensuesThere’s a Manhattan loft new to market in a building that has had a fair amount of activity in the past couple of years. One bit of that activity was this very same loft, selling in February for $1.73mm.…
“gotta sell” at 315 West 36 Street, so dropped 40% — and sold
seven figures of motivationThe Manhattan loft #12C at 315 West 36 Street was marketed with some urgency, some big price drops, and all caps (I have taken that annoying formatting off): "major price drop, must sell immediately!!!". Darned if they…
“absolute showplace” at 113 Greene Street in Soho goes for $918/ft (absolutely)
adding value did not increase price (much)The Manhattan loft on the 4th floor of 113 Greene Street has sold twice in the last four years, in nice before-and-after fashion. Yes, "before" The Market changed (Lehman, AIG and all that other…
Tagged with: 2006, Ceilings, Classic, Closed, Greene, Light, Longandnarrow, Price Drop, Renovation, Windows
price drop can re-set expectations IF low enough
probably not low enoughThere’s a Manhattan loft newly returned to market in a brand-name Tribeca building that has been for sale for quite a while. It is now on its third firm and fourth price. It is hard to see…
opportunity knocked at 60 West 15 St for $828/ft (and more), answered at $622/ft
the incredible vying architects + designers The Manhattan loft on the 4th floor at 60 West 15 Street was marketed as a masterpiece (to be), with the interesting come-on that "architects and designers are vying to renovate" it. At "3,133 sq…
getting out of the Zinc with some of shirt, as 475 Greenwich flips
not much fun, or profitThe Manhattan "loft" #3A in the new building dubbed Zinc, 475 Greenwich Street (love the Tribeca pix and Talking Heads on the building’s website), sold in the first offering for $2.45mm and was immediately (10 days;…
ending up where they started / $4mm closing at 99 Jane
head scratching in a thin marketThe Market just proved that the Manhattan loft #10A at 99 Jane Street is worth $4mm, as that is the clearing price just now publicly available from the May 30 closing. That strikes me as…
at 65 West 13 Street, 3 years = off $20,000, but last year …?
how they could they not regret?If you drew a line between the fair market value of the Manhattan loft #8D at 65 West 13 Street (The Greenwich Condominium) from the sale in May 2006 at $2.22mm and the sale in…
how to get cash in 10 weeks / negotiating to close at 155 Hudson Street
no secret formulaHow’s this for a lovely trajectory in a challenging market? The Manhattan loft #4N at 155 Hudson Street came to market on February 20 at the wrong price ($2.395mm) but they (apparently) really wanted to sell and they…
Top
Follow Us!