back to the Loft Lab that is the Chelsea MercantileIn my December 3, how to value light without also valuing views? The Miller gives it a shot, NY Magazine gives it a forum, I wondered just how many Manhattan lofts…
back to the Loft Lab that is the Chelsea MercantileIn my December 3, how to value light without also valuing views? The Miller gives it a shot, NY Magazine gives it a forum, I wondered just how many Manhattan lofts…
how much per book, I wonderBy any measure, the marketing campaign for the “3,500 sq ft” Manhattan loft #10F at 205 West 19 Street was a success. A full price contract in 4 weeks at $1,143/ft ($4mm) is the main…
Froth + Peak + Trough + Thaw need a 5th stepKnowing that the last time the “981 sq ft” Manhattan loft #4C at 245 Seventh Avenue was almost exactly at The Peak of the overall Manhattan residential real estate market,…
a post for floor plan fetishists onlyOf course I will get to the financial and comparative details, but the first thing I looked at for the “2,258 sq ft” Manhattan loft #4B at 245 Seventh Avenue that just sold for…
once more into The MercThe New York Observer has the news about a recent sale of a small loft at the Chelsea Mercantile, sold by a photographer to an HBO executive. (I have heard of one half of these bolds,…
even north is a happier faceYou need to do some extra clicking on StreetEasy to get the full narrative on the successful marketing campaign that just got $2.2mm for the “1,586 sq ft” Manhattan loft #7G at 252 Seventh Avenue…
few windows per footSee my May 6, 2011, 245 Seventh Avenue loft sells after freezing in nuclear winter, in which a loft that did not sell in the post-Lehman market asking as low as $1.629mm sells in April 2011 at…
that courtyard is not a premium viewLong-time readers know how I feel about the Chelsea Mercantile building at 252 Seventh Avenue: the building that created the market for high-end residential lofts in this micro-nabe. (The 17 Manhattan Loft Guy posts…
what would you pay for a (real) view?I had some fun in my January 20, privileged Chelsea Mercantile loft clears near $1,700/ft at 252 Seventh Avenue, talking about what spectacular views are worth at the Chelsea Mercantile (in two cases…
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…
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