we’ve seen this movie beforeIt is some news that the “4,021sq ft” Manhattan loft #4A at 44 Laight Street (Grabler Building) sold on August 17 at $4.06mm, give that it last sold in December 2006 at $3.75mm, as that post-2006…
Tag: Sponsor
darn 2006 flipper ate up all the profit of 15 Broad Street loft
fasten seat belt, pleaseThe story of the recent resale of the Manhattan loft #1202 at 15 Broad Street (Downtown by Starck) begins in 2006, when the loft was sold by the developer. Remember those days of froth? First buyer paid…
John Deco loft resells off 11% since 2008, 7% off sponsor's comp
competition is hard(No, it’s not one of a comping-is-hard sequence, if you are a careful reader.) The “837 sq ft” Manhattan (mini-) loft #815 at 99 John Street might not have been the first resale at the John Deco Lofts…
Tagged with: 2008, Competition, Comps, John, John Deco, Miniloft, Neighbor, Sales Office, Sponsor, Warranty
one Downtown by Starck loft pulls head above water, up 9% since 2006, another is down 4% since 2007
it gets complicated When the Manhattan mini-loft #2828 at 15 Broad Street in the uber-conversion modestly known as Downtown By Philippe Starck sold on May for $615,566, that seller realized a (gross) gain of $50,438 over the purchase from the…
52 Thomas Street loft knocks resale out of the park, up 17% since 2008
sometimes The Market mystifies…I keep staring at the the record of the recent sale of the Manhattan loft #3A at 52 Thomas Street, without achieving clarity. That facts are simple but inexplicable: the first resale in this 2007 new development…
49 East 21 Street loft shows the benefits (and PAIN) of timing
and windows (pain, or none)The Manhattan loft #11C at 49 East 21 Street sold on May 6 at a $100,000 premium to the asking price of $1.75mm. On the one hand, this shows the benefits of windows; on the other…
Tagged with: Berkshires, Connecticut, East 21, Flip, High Floor, Low Floor, New Development, Second, Sponsor, Windows
One York loft finally sold by sponsor, with or without shirt
it had been rented, hadn’t it??I cannot find a complete past history of the Manhattan loft #9A at 1 York Street (One York, d’oh!) that sold on May 25, but I can tell you that our data-base shows that it…
did the sponsor of 186 Fifth Avenue lofts get squeezed in first resale?
the runt of the litterBoth times the Manhattan loft on the 4th floor at 186 Fifth Avenue have sold have been odd sales. Back on those thrilling days of yesteryear (2007), when four full-floor lofts were offered by the sponsor…
Tagged with: Conversion, Fifth, Flatiron, Madison Square, New Development, Renovation, Sponsor, View, West 23, Windows
a flippin' fast flip at 151 Wooster Street, for a vanishingly small 'profit'
you’ll see how it vanishedWarning: there is no typo in the following sentence. The Manhattan loft #5A at 151 Wooster Street sold on March 3 for $5mm and on February 1 for $4.65mm. The trick is that the first sale…
251 West 19 Street gets contract for birthday, but are they laughing?
funny thing about starting at the right priceUnlike the 80 Chambers Street loft that I hit on Monday after it closed after its first birthday, but had a contract just before the birthday, the Manhattan loft #3A at 151 West…
Top
Follow Us!