2 Soho lofts took a week to contract just under $6 million Two large lofts on the same Soho block closed a day apart at very similar price points and very similar trajectories: the “2,964 sq ft” loft #4B at…
Tag: Rational
Manhattan lofts running the bulls on Greene Street, large + pricey
Tagged with: Ceilings, Classic, Columns, Efficient Market, Floor, Furman center, Greene, Jonathan Miller, Kitchen, Paint, Rational, Volume
31% gain in 20 months for small Soho artist’s loft with charm but no walls
if The Market doesn’t make mistakes, how to explain this Soho oddity? It is a truism that the sales price of a publicly marketed Manhattan loft is The Market, assuming there is the classic willing buyer and willing seller, neither…
Cobblestone Lofts seller surprised, disappointed that market at 28 Laight Street is so rational
… while fact-based outsiders smile The folks who just sold the “3,216 sq ft” Manhattan loft #3A at 28 Laight Street (Cobblestone Lofts) in the spillway of the Holland Tunnel in northernmost Tribeca thought a year ago they were selling…
Tagged with: Brick, Classic, Cobbelstone Lofts, Comps, Fireplace, Floor Plan, Laight, Layout, Light, Neighborly Competition, Neighbors, Rational, View, World Trade Center
rational market? not for 15 Broad Street loft that sold 13% above unsuccessful 2013 ask
economists weep over the downtown Manhattan loft market (sometimes) In yet another twist on the Manhattan-lofts-that-sell-above-ask theme, the wrinkle that most interests me about the recent sale of the “2,011 sq ft” Manhattan loft #3120 at 15 Broad Street (Downtown…
Tagged with: Bidding War, Broad, Comps, Efficient Market, Neighbor, Rational, River Views, Starck, Streeteasy, View
did Tribeca Summit loft get slammed for being second floor?
or, is there another explanation for breaking the comps at 415 Greenwich Street? This looks pretty good at first blush: the “2,276 sq ft” Manhattan loft #2C at 415 Greenwich Street (the Tribeca Summit) sold on September 4 for $4.545mm,…
Tagged with: Broker Babble, Comps, Efficient, Floor Plan, Greenwich, Light, Neighbors, Rational, Tribeca Summit, View
loft porn for loft lovers, as 112 Prince Street loft closes at princely $1,830 in upper prime Soho
right in line with expectations, set by recent neighboring loft sale If you’ve been reading Manhattan Loft Guy for a while you know I am a snob for the more classic and loft-y lofts. So my second response to the…
Tagged with: Beam, Brick, Columns, Comps, Floor Plan, Layout, manual elevator, Neighbor, Prince, Rational, Renovation, Windows
Manhattan real estate is a funny business: the curious case of the Lower Soho loft at 49 Howard Street
loft takes 3 years to contract, data are hard to track (sigh) If you took a look at the Past Activity tab on the StreetEasy building page for 49 Howard Street (aka 307 Canal Street) you wouldn’t know that the…
adding wall for 3rd bedroom did NOT increase value of 49 East 21 Street loft by 36%
nor did time, or dimmers This is the kind of thing that drives Efficient Market fans to distraction and buyers to drink (or worse): the “1,461 sq ft” Manhattan loft #10C at 49 East 21 Street just sold at a…
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
memory lane: on outliers, or Bright Shiny Objects, this one a penthouse loft at 121 West 20 Street
Two Years Ago Today on Manhattan Loft Guy You were warned in my July 4 post that you’ve got a couple of weeks of archived Manhattan Loft Guy material coming up; we are nearly done with that. In my…
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