difficulty at the $5 million level is not a new phenomenon for Manhattan lofts My post on Tuesday considered whether the December string of downtown Manhattan lofts that took a long time to sell around $5 million that I noticed…
Tag: Price Drops
more on the $5 million Manhattan loft market, a year over year look
Tagged with: Bond, Cooper Square, days on, East 16, East 24, Fifth, Franklin, Greene, Greenwich, Hudson, Jonathan Miller, Laihgt, market, Price Drops, unrealistic seller, West 18, West 23, West 24, Worth
$5 million data points: unrealistic Manhattan loft sellers or market softening?
the numbers are intriguing One of the story lines coming out of the Manhattan Media Division of the Real Estate Industrial Complex has been about supply in the luxury market (specifically, in new developments), with the (often implicit) question about…
Tagged with: Beach, Days On Market, Duane, East 11, Greenwich, Hudson, Jonathan Miller, Laight, Mercer, N Moore, New Developments, Price Drops, Seventh, unrealistic seller, Washington, West 13, West 18, West 23, Wooster, Worth
255 Hudson Street loft sells 19% below 2007, after 15 months, 9 prices
and now for something completely differentEver get tired of reading about how hot hot hot The Market is? I don’t, but the recent sale of the “1,684 sq ft” Manhattan loft #6A at 255 Hudson Street in “Soho” (I’ve expressed…
Tagged with: 2007, Comps, Discount, Ear Inn, Hudson, Neighbor, Outlier, Price Drops, Rational, Sellers Market
5 years later, small loft at 261 Broadway sells (angels rejoice)
I spoke too soon yesterday One problem with doing daily blog posts about closed Manhattan loft sales is that one post can get eclipsed by another; what seems like an unusual specimen one day can diminish the next. If…
Tagged with: 2007, broadway, City Hall, City Hall Park, Comps, Condition, Neighbor, Nothing Special, Price Drops, Views
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
11 West 20 Street sells after fits and starts
etymologically speakingThe most interesting thing about the recent sale of 11 West 20 Street #8 is not that this Manhattan loft has been described as "prefect" by one agent and as "stunning" by another yet only sold for $975/ft. The…
neighborly competition / laggard at 144 West 18 Street closes off 15% since December
first one to $1.7mm winsTwo Manhattan lofts at 144 West 18 Street (known, not poetically, as the Chainworks Building) closed 6 months apart. You won’t be surprised to learn that the one that closed 6 months ago (#4N) closed higher…
drip drip / price drops at 124 Hudson + 684 Broadway to and from $3.05mm
I have removed the content of this blog post, as it comments about the current listing of another agent. For information about why, check out end of an era for Manhattan Loft Guy / a new day dawns? from April…
drip campaigns / token price drops at 80 Warren and 66 Leonard
how does a small price drop change the market? (Hint: not much) I don’t know the specific history of 80 Warren St, but I know it is one of the first generation of Tribeca loft coop conversions (circa…
more price pain on 16 St /if you knew then what you know now
4 W 16 St #8A drops a serious dollar I blogged about #8A at 4 West 16th St after a September price drop (puzzling price policy / slow death near Union Square) that turned out to be too little.…
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