comping is, of course, hard, yet harder for some lofts than for others The word “unique” is vastly over-used in Manhattan real estate broker babble, where grammar misdemeanors can modify that word in ways that can be aggravating. I have…
Tag: streeteasy index
unique lofts like penthouse at edge of West Village are hard to comp
Tagged with: Broker Babble, Ceilings, Comps, Duplex, Floor Plan, High Ceilings, Mezzanine, neighbor 14 street, Outdoor Space, streeteasy index, Terrace, West Village, Windows
lily gilded, 161 Hudson Street loft sells after deep price cut
what a difference a million dollars can make One way to measure the difference between the seven weeks that the “2,314 sq ft” Manhattan loft #2B at 161 Hudson Street spent on the market in the Spring of 2016 and…
5 years later, Tribeca loft adds $1 million to building values
crude measurements of value are still measurements, right? The “2,068 sq ft” Manhattan loft #5S at 459 Washington Street in extreme northwest Tribeca just sold for $3.625mm in a somewhat newsworthy transaction. (“Somewhat newsworthy” in the sense that the Luxury…
Tagged with: 2010, Barrow, Beams, Broker Babble, Classic Loft, Columns, Comps, Hudson, Kitchen, Light, river view, streeteasy index, View, Washington, West 12 St
simple, right? don’t measure Market Trends by asking prices
but the NY Post doesn’t know that I did a quick hit on my Manhattan Loft Guy Facebook page after reading this November 28 puff piece from the NY Post, Apartments experiencing the ‘fastest market adjustment ever’, because I’m a skeptical guy (in…
31% gain in 20 months for small Soho artist’s loft with charm but no walls
if The Market doesn’t make mistakes, how to explain this Soho oddity? It is a truism that the sales price of a publicly marketed Manhattan loft is The Market, assuming there is the classic willing buyer and willing seller, neither…
500 Greenwich Street loft sale mocks ‘market efficiency’
unique buyers make deals with unique sellers, market trends be damned You can tell pretty easily that the recent sellers of the “3,963 sq ft” Manhattan loft #402 at 500 Greenwich Street were rather disappointed to have sold their oh-so-classic…
Tagged with: 2012, Beams, Brick, Classic Loft, Columns, Comps, Kitchen, Layout, Neighbor, streeteasy index
how can a full price deal disappoint? when the Chelsea loft sells off nearly $2M from start
Manhattan loft price discovery can be slow & painful The folks who sold the “3,300 sq ft” Manhattan loft #6F at 205 West 19 Street in prime Chelsea last month evidently hit their limit when they dropped their ask to…
nice flip at 73 Worth Street, but why is a foundation doing that??
there’s a wrong way to flip, and there’s this way After picking on a guy with so much money that he didn’t really care if his aborted flip burned a barrel of cash or not (in my February 26, 155 Franklin…
Tagged with: Comps, Flip, Floor, foundation, Kitchen, Neighbor, Noise, Renovation, Sound, streeteasy index, View, World Trade Center, Worth
that awkward moment, when your Tribeca past catches you short
third owners ever for American Thread Company loft face new challenges Did you ever have the experience of walking down the street (perhaps with your head down [snow!], perhaps on Beach Street, walking east at the rounded corner with Sixth Avenue)…
Tagged with: 1980s, Art, Comps, Doorman, Glass Brick, Gut, Hotel, Light, Memory Lane, Neighbor, New Developments, Primitive, Renovation, rose, Sixth, St Johns, streeteasy index, technology, Views, West Broadway, York
Tribeca loft sells up 45% in 19 months … a superstorm effect?
hard to find another explanation for such a beyond-market result … When I get confused, I write. Not to end the confusion necessarily, but to seek peace. The sale four weeks ago of the “2,325 sq ft” Manhattan loft #2A…
Tagged with: Bathroom, Comps, Finishes, Hurricane, Kitchen, Light, Neighbor, Paired Resale, Powder Room, streeteasy index, View
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