Tag: Rational

Seaport loft in very old building sells up $10,473 over 2005, neighbors tremble

can’t blame That StormManhattan lofts in buildings with slim past sales histories are, of course, difficult to comp. (If you are a buyer or an appraiser, or a Very Interested Spectator of the Manhattan residential real estate game.) And difficult

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our long national nightmare is over, as 57 Bond Street loft sells with strangest history you will see today

every party needs a pooperThis post may only be for the fanatic spectators of the Manhattan residential real estate game who collect odd price histories. I am going to ruin the suspense by telling you that the “2,110 sq ft”

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when life threw 2012 loft buyers at 49 East 21 Street a curve, The Market almost bailed them out

of course, a Market gain can be a seller (net) lossI can’t pretend to explain the 5% gain from April 2012 to January 2013 or to know why the April buyer became a January seller, but in the spirit of

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prime Soho loft needs imagination, but only $1,091/ft to buy

3 exposures helpA numbers guy would just focus on the price at which the “2,200 sq ft” Manhattan loft on the 3rd floor at 345 West Broadway sold at year end, but an aesthete like this Manhattan Loft Guy is

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funny prices of 101 Warren Street resale are not so ha-ha

The Market will correct a too high priceAfter yesterday’s post about a too deep price discount being corrected by The Market, bless her heart (January 28, if robust, The Market will fix a too-low price (at least, it did, at

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if robust, The Market will fix a too-low price (at least, it did, at 124 West 24 Street)

follow the bouncing ballThe seller of the “1,097 sq ft” Manhattan loft #5A at 124 West 24 Street was motivated, and successful. He brought the 2007 era newly converted loft to market on August 23, found a buyer who signed

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what changed in 2012 to get 8 Warren Street loft sold in September but not January?

what a difference 9 months madeI am not saying there is a rational explanation for this, just that these are facts about the “2,010 sq ft” Manhattan loft #5E at 8 Warren Street (Trinity Stewart Condominium): it did not sell

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failure to flip: over-pricing in 2008 leads to loss in 2012 over 2007 for 15 West 20 Street loft

memory lane trippingI wrote the headline above based just on the rather extensive sales history of the “2,259 sq ft” Manhattan loft #8A at 15 West 20 Street (Altair 20) (details below), before discovering that I covered the key old

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the stuff you can't see earned 7th floor loft at 15 West 20 Street a 13% premium over 8th floor

(I can’t see them, either)Did the hyper local Manhattan loft market in one Flatiron 2005 era new development improve by 13% in … (wait for it) … 6 days? Sounds ridiculous, right? Well, the “2,259 sq ft” Manhattan loft #8A

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233 West 26 Street loft closes up 13% over 2008 (!) but down 6% since 2006 (!!)

‘tis a puzzlementThe last three times the “1,450 sq ft” duplex Manhattan loft #1E at 233 West 26 Street sold, the clearing prices from bottom to top were $1.33mm, $1.25mm, and $1.11mm. The dates from old to new were January

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