can we just put them in red?One of the major challenges with considering market values of Manhattan loft (whether you are an agent representing a seller, a buyer, or one of the many interested bystanders), is figuring out which sale…
Tag: Resale
loft at 4 West 21 Street an outlier, closes 9% off 2006
Tagged with: 2006, 4w21, Den, Floor Plan Efficient, Maintenance, New Development, Operating Budget, Paired Resale, Resale, West 21
151 West 17 Street loft sells up 9% in 16 months
at least everyone made moneyFrom a karmic perspective, it is nice that the “1,917 sq ft” Manhattan loft #6A at 151 West 17 Street (the Campiello Collection) has a fairly straight line sales history, with no hiccups or plunges: Dec…
Tagged with: Campiello, Greenwich, Market Noise, Ny Times, Quarterly Reports, Rational Efficient, Resale, Wall Street Journal, West 17, West Village
Chelsea House loft at 130 West 19 Street bounces back from nuclear winter sale
when up-up is more like down-upThe two times the Manhattan loft #7A at 130 West 19 Street (the Chelsea House) has resold, both sales have been arithmetically positive, which has certainly not been the case for all resales at this…
Tagged with: Chelsea House, Comps, Neighbor, Nuclear Winter, Peak, Rational, Rent V Buy, Resale, West 19
over-optimistic loft seller at 124 West 24 Street still beats 2007 buy
if buy low, easier to sell high (d’oh!)The 20-unit Manhattan 2007 loft condominium conversion at 124 West 24 Street is an interesting laboratory for observing the behavior of rats buyers over time. The most recent data point is the October…
Tagged with: Comps, Light, Neighbor, New Development, Nuclear Winter, Peak, Rational, Resale, Sponsor, West 24
O’Neill loft at 655 Sixth Avenue resells at 21% loss over 2007
that will leave a markUntil recently, there were but two lofts at the O’Neill Building, 655 Sixth Avenue, on the spreadsheet of 2007 and 2011 paired sales. (See my September 27, is the Manhattan loft market back to (up to)…
tired of pi**ing into the wind, 130 West 30 Street loft sellers take money, run
run far, to Jolly Olde, in factAlthough the sellers of the Manhattan loft #12C at 130 West 30 Street (the Cass Gilbert) tried to sell around $2mm in 2006 and again in the post-Lehman market into 2009 at $1.8mm, I…
Tagged with: 2004, 2006, Cass Gilbert, Hope, Light, Motivation, New Development, Resale, Shortandwide, West 30
agony + ecstasy at one 65 West 13 Street loft
how cold it was in those days!If I were writing just about lofts I would say something like when the Manhattan loft #8D at 65 West 13 Street sold on July 6 it was up over 40% from its prior…
why did Chelsea Mercantile loft sell within 3% of The Peak?
Field of Dreams pricing, maybeWhen the Manhattan loft #15-I at 252 Seventh Avenue in the Manhattan Loft Guy fave Chelsea Mercantile sold on June 9 at $3.65mm it wasn’t a man-bites-dog story like my July 5, man bites dog! 49…
Tagged with: Chelsea Mercantile, Comps, Mercantil, Neighbor, Peak, Renovation, Resale, Seventh, View, Windows
man bites dog! 49 East 21 Street loft sells 3.6% above Peak
fresh filing, mature deedIt seems like only yesterday that Manhattan Loft Guy used “dog bites man” to indicate that a resale 6% off from the prior 2007 sale was not “news”, but it was really the day before yesterday (dog…
down and down 44 Walker Street loft closes after a year, off 7% since Peak
ominous trend lineThe Manhattan loft on the 4th floor at 44 Walker Street closed on April 26 at $1.79mm, which seems not particularly brag-worthy given that it started the marketing campaign way back on November 26, 2009 at $2.3mm. But…
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