Tag: Rational

43 Wooster Street penthouse loft closes off 6% since 2006, at one-third 2007 asking price

sometimes, words fail … Oct 19, 2002 sold $3,156,696       Sept 13, 2006 sold $4,171,000       Aug 11, 2007 new to market $12,500,000 Nov 19   $9,500,000 Jan 30, 2008 hiatus   April 17 back on

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penthouse loft at 121 West 20 Street beats Peak, but is it rational?

by 2%, but it is somethingOf course you know that any single number to summarize The Market (whether the entire Manhattan residential real estate market or the loft niche) smooths out a great deal of data noise. Some data points

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why did Carl Fischer loft re-sell at 62 Cooper Square for +21% over 2008?

do my questions suggest I am getting dumber?I can’t say that I really enjoy taking note of things that happen in the Manhattan real estate market that I don’t understand, but they do interest me. I hit one such interesting

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how to read past sale data / one Flatiron loft laboratory

hint: comping is hardThere’s a fascinating discussion thread going on over at StreetEasy, started by a potential buyer who said “I’m beyon[d] confused with pricing” and then asked that community for advice about bidding on a specific loft in Flatiron.

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