getting tired of the Jedi mind trickThe recent sale of the Manhattan loft #3H at 354 Broome Street was a Bright Shiny Object for Jessica Gould Keil in the New York Post last week, in part because she was able…
Tag: Rational
double bold-faced loft sale at 354 Broome Street: a harbinger or just a Bright Shiny Object?
Tagged with: Broome, Celebrity, Cops, Efficient, Jedi Mind Trick, Keil, Neighbor, New York Post, Rational, Renovation
it should not be this hard to get the right price, as 40 West 15 Street loft (finally) sells above ask
patience, of course, is a virtue (if rewarded)The listing history for the “2,000 sq ft” Manhattan loft #2A at 40 West 15 Street involves several efforts, but considering that it sold for $2mm on July 2, the numbers are just…
Tagged with: Authentic, Brick, Challenge, Comps, Glass Brick, Layout, Patience, Rational, Renovation, West 15
“fully renovated” 39 East 12 Street lofts sells at 14% premium to 2010, with pre-2010 renovation
another Jedi mind trick?I pointed out the mind games that broker babble can play with buyers last week in my July 5, did a Jedi mind trick garner 40% premium over 2010 for a small loft at 107 West 25…
7 Essex Street loft goes for Peak, wins!
nice when it worksBefore the recent sale of the “1,584 sq ft” Manhattan loft #7A at 7 Essex Street at $1.6mm, the last loft in the building to sell at or above that price was way back at The Peak,…
did a Jedi mind trick garner 40% premium over 2010 for a small loft at 107 West 25 Street?
is your coffee fresh?The recent sale of the “1,100 sq ft” Manhattan loft #2C at 107 West 25 Street, which recently sold (with a “400 sq ft” private terrace) at $1.4mm, involves a deceptively complex tale. The complexity will unfold…
Tagged with: 2007, 2010, Broker Babble, Comps, Jedi Mind Trick, Neighbor, Peak, Rational, Renovation, West 25
151 West 17 Street loft sale is a Headscratcher's Special: 5% below 2005
fans of efficient market theory should avert their eyesLet’s stick with John McCain (“The Market is cruel”) another day. In yesterday’s market cruelty or mean streets? gut renovated sundrenched 347 West 39 Street loft closes at $675/ft, unadjusted for terraces,…
playing with 475 Broadway loft comp that is up +58% over 2004
right facts and wrong facts; helpful facts and distractionsI’ve been having a running conversation with a very savvy client about values in Soho, including market trajectory currently and in recorded history. He is wondering about a classic Soho loft that…
Chelsea House loft re-seller takes 51 weeks to get 7.5% discount, closing pennies below 2007 purchase
the birthday was a happy oneBy the time the sellers of the “1,250 sq ft” Manhattan loft #9F at 130 West 19 Street (Chelsea House) blew out one candle, the loft had been in contract for 5 days, so the…
Tagged with: 2006, Apartment, Chelsea House, Efficient, Floor Plan, Layout, New Development, Rational, Resale, West 19
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,…
what has changed at Cobblestone Lofts, 28 Laight Street, since 2005?
warning: no rational market aheadTo answer the headline question quickly (as if there were any mystery to it): nothing significant has changed since 2005 about the new-in-2001 multi-building residential loft conversion known as 28 Laight Street, the Cobblestone Lofts. It…
Tagged with: 2001, 2005, Comps, Floor Plan, Holland Tunnel, Laight, Neighbor, Northwest Tribeca, Proportion, Rational
Top
Follow Us!