a late conversion (2007)I wish I knew the back story about this very late Soho condo conversion. Certainly not a lot was done to the interior space of the “2,150 sq ft” Manhattan loft #7 at 60 Grand Street that…
Tag: Renovation
old school loft at 60 Grand Street, dressed up without walls, did not sell at $1,224/ft
Tagged with: 2007, Central Air, Classic, Grand, Miller, Old School, Prime, Renovation, Roof Deck, West Broadway
150 Nassau Street loft takes 4 tiny price drops + 8 months to get deal
is “important” a new category of renovations?On the one hand, I applaud an agent’s attempt to think outside the box (or, outside The Broker Babble Primer); on the other hand, I am not sure how I feel about “important renovations”.…
Tagged with: Brooklyn Bridge, Comps, Den, Financial District, Floor Plan, Nassau, Neighbor, Pantry, Renovation, Views
114 West 27 Street penthouse loft sells at $1,041/ft with unlimited potential (+ free roof?)
talk about missing The Peak!With the recent clearing price of the “3,600 sq ft” Manhattan loft dubbed #PH at 114 West 27 Street just clearing $1,000/ft at $3.75mm, there is a way to squint at the sale and the “2,500…
Tagged with: 2007, Architect, Chelsea, Comps Neighbor, Dark Room, Miller, Penthouse, Renovation, Roof Deck, West 27
395 Broadway loft sells at $1,174/ft, a relative bargain to a gut job
is there a gut premium?The “1,163 sq ft*” Manhattan loft #11A at 395 Broadway just sold in mint-y condition at $1.365mm, or $1,174/ft, in the northeast corner of Tribeca. That compares very favorably to the last “A” line sale here,…
Tagged with: Birthday, broadway, Comps, Gut, Mint, Music, Neighbor, President, Renovation, Washington
Soho gut job for $762/ft, as 81 Grand Street loft sells after 14 months, 5 price drops
did I mention that comping is hard?This one hurts. The “1,575 sq ft” Manhattan loft on the 3rd floor at 81 Grand Street sold on January 17 at $1.2mm, apparently in line with the sale of the 4th floor in…
back story on celebrity Noho loft purchase at 10 Bleecker Street is about the sellers
numbers v. namesThe big story in this report in The Observer last week about the sale of the “2,500 sq ft” Manhattan loft #3A at 10 Bleecker Street (aka “#3F”) for the full-ask $3.25mm was the identity of the celebrity…
Tagged with: 2007, Agency, Babble, Bleecker, Disclosure, Fiduciary, Noho, Renovation, Serial Renovators, Village
loft seller massively resets expectations to sell 41% off post-Peak request at 561 Broadway
an attitude adjustment measured in 7 figuresSometimes the most interesting thing about a Manhattan loft sale is not a sales price but an asking price. In the case of the “2,200 sq ft” Manhattan loft #5A at 561 Broadway (the…
Tagged with: Architect, Attitude, broadway, Expectations, Gut, Note To Self, Opportunity, Primitive Windows, Renovation, Singer
Post scoop: celebs close on raw loft at 427 Washington Street at $869/ft
Post flub: priceI can’t find a public record behind the lead celebrity real estate item in today’s Gimme Shelter feature in the New York Post on ACRIS, StreetEasy or The Shark, but according to our data-base Jennifer Gould Keil got…
Tagged with: Actors, Ceilings, Celebrities, Combination, Gut, Ny Post, Renovation, River Lofts, Views, Washington
privileged Chelsea Mercantile loft clears near $1,700/ft at 252 Seventh Avenue
was it the iconic views?If there is a data geek out there looking for a laboratory to explore the value of views, one could do worse than start at the Chelsea Mercantile at 252 Seventh Avenue. The Merc is an…
Tagged with: Broker Babble, Chelsea Mercantile, Empire State, Premium, Renovation, Seventh, Skyscraper, Statue Of Liberty, Views
changing firms + raising price after 7 months does the trick for 67 East 11 Street cast iron loft
no Virginia, there is no rational market (not here, at least)Fans of the efficient market theory for the Manhattan residential real estate market should be surprised if a loft is offered within $5,000 of its value but takes 7 months…
Tagged with: 1996, 2005, Cast Iron, East 11, Efficient, Floor Plan, Gut, Kitchen, Mezzanine, Renovation
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