are you following the disconnect here?Yesterday it was an artist’s loft of “3,300 sq ft” in the bottom of Soho that cleared for $742/ft (April 16, artist loft clears at $742/ft in south Soho, 307 West Broadway). Today it is…
Tag: Renovation
endless possibilities cost $1,160/ft in quiet Noho, at 325 Lafayette
Tagged with: Carrying Costs, Certificate Of Occupancy, Comps, Gut, Lafayette, Mulberry, Neighbor, Noho, Possibilities, Renovation
artist loft clears at $742/ft in south Soho, 307 West Broadway
how much more to create that masterpiece?There is a great span of values for primitive lofts, isn’t there? Today’s specimen is the “3,300 sq ft” Manhattan loft on the 6th floor at 307 West Broadway, a roughly 36 x 90…
Tagged with: Artist, Canal, Classic, Columns, Longandnarrow, Ny Times, Primitive, Renovation, Soho Mews, West Broadway
why did 48 Great Jones Street 1-bedroom loft sell 18% above Peak value?
“masterful renovation” does not explainThe story line for the recent sale of the “2,564 sq ft” Manhattan loft #6R at 48 Great Jones Street seems pretty obvious from the broker babble and the price history. The loft has been “[m]asterfully…
Tagged with: Bond, Comps, Efficient, Field Of Dreams, Great Jones, Micronabe, Neighbor, Peak, Rational, Renovation
motivated seller sells classic Soho walk-up loft barely above 2005 at 477 Broome Street
the proof is in the askThe seller of the very well-dressed but also well-staired “982 sq ft”* Manhattan (mini) loft #34 at 477 Broome Street proved she was motivated by asking for a modest premium over the price she paid…
Tagged with: 2001, 2005, Broome, Conventional Wisdom, Discount, Miniloft, Paint, Renovation, Stairs, Walkup
195 Hudson Street loft takes deep haircut to close up 385% (since last century)
speaking of low-balls …Since the “2,325 sq ft” Manhattan loft #3D at 195 Hudson Street recently sold at $2.85mm after having been asking $3.5mm, you have to wonder just how low that negotiation started. A negotiated discount of 18.6% implies…
Tagged with: Bidding, Comps, Discount, Floor Plan, Glass Walls, Hudson, Low Ball, Negotiation, Neighbor, Renovation
NY Times on Chelsea penthouse leads me to wonder “what is a loft”?
structural columns, open space, big windows are not enoughLong-time Manhattan Loft Guy readers know that I am a loft snob, yet that I recognize that there is no universal definition (that I am aware of, at least) as to what…
Tagged with: Architect, Chelsea, New Construction, New Development, Penthouse, Piedatierre, Renovation, Taxonomy, West 19, West 22
OYATOMLG / 714 Broadway loft sale provoked on size, bidding wars, Peak values
a rich brewIt has been a while (yes, another Note To Self … reminder) since I have done any look-back posts, dipping into the Manhattan Loft Guy archives for posts that are one (OYATOMLG), two (TYATOMLG), or more years old…
Tagged with: Bidding War, broadway, Days On Market, Doover, Fight Or Flight, Gut, Nuclear Winter, Oyatomlg, Peak, Renovation
primitive loft at 474 Greenwich Street sells at $908/ft
no artists evident, but stillThe “1,100 sq ft” manhattan loft #5N at 474 Greenwich Street in the far northwest corner of Tribeca was billed as a “Classic TriBeCa Artist’s Loft”, which is true, even if there was no sign that…
One Bed Wonder loft at 129 West 20 Street sells modestly over $1,000/ft, despite custom finishes
don’t tell Ann SacksThe “1,626 sq ft” Manhattan loft #3A at 129 West 20 Street (the Chelsea Quarter) was all dressed up when it sold earlier this month, with (as the broker babbes) “beautiful features and lux finishes, handsome in…
Tagged with: Chelsea Quarter, Closets, Comps, Custom, Doors, Kitchen, Neighbor, One Bed Wonder, Renovation, West 20
ultimate Soho loft with glass walls, stone floor sells at 117 Prince Street at $1,240/ft
breaking the modifier bank It doesn’t get more classic Soho loft than the “2,500 sq ft” Manhattan loft #3C at 117 Prince Street: a classic Long-and-Narrow footprint with 2 bedrooms in back and plumbing on both long sides; “in a 19th century cast-iron front industrial…
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