it’s the price, stupid!I’ve been on a bit of a jag lately, noting Manhattan loft sales that defy Conventional Wisdom by holding firm at a price for a (relatively) long time, then getting a deal done within reasonable negotiating range…
Tag: Stubborn
65 West 13 Street loft sales shows the trick about being patient
Tagged with: Comps, Miller, Neighbor, Outdoor Space, Patio, Prime Village, Second Floor, Stubborn, West 13, West 14
stubborn loft seller at 44 Laight Street takes a year to get right (great!) price
another one that fractures (proves?) Conventional WisdomThe Manhattan loft #2A at 44 Laight Street sold on May 9 without a price drop despite taking 11 months to find that contract. Let’s repeat what we know about Conventional Wisdom and a…
Tagged with: Comps, Kitchen, Laight, Longandnarrow, Longandwide, Neighbor, Renovation, Stubborn, Volume
473 Broadway loft seller is stubborn after (somehow) missing peak
a rich history of sales, and of listingsThe Manhattan loft #5E at 473 Broadway that just sold on April 28 has now been re-sold twice since having been purchased from the developer in 2002, in what appears to be a…
Tagged with: Axiom, broadway, Conventional Wisdom, Discount, Failed Contract, Peak, Price Drop, Stubborn
28 East 4 Street loft closes up 9% over 2006, at 5% discount to ask
what took so long?Can we agree (just between us) that a Manhattan loft that sells at a 5% discount from first listing price has been priced right? Can we also agree that a Manhattan loft that has not sold or…
28 East 22 Street loft has truly “just sold”, fetched $834/ft
you read it here secondI have ragged before on the “just” part of the New York Post’s regular Thursday real estate feature, “Just Sold” (like on February 25). Today’s edition, in contrast, reports a loft sale that is so “just”…
bidding war was a long time coming to 21 East 22 Street loft
revisiting a late deed with late actionThe Manhattan loft #2H at 21 East 22 Street was a bit player in a post last week about a neighbor’s more recent sale (April 21, stubborn loft seller wins at 21 East 22…
Tagged with: Biddign War, Comps, Conventional Wisdom, East 22, Fifth Dentist, Neighbor, Price Drop, Stubborn
stubborn loft seller wins at 21 East 22 Street
Conventional Wisdom takes another hitEach deed is a fact, but each fact does not necessarily fit a coherent narrative with broader application. Have I lost you yet? A deed filed on April 12 recorded as fact that A Woman sold…
Tagged with: Comps, Conventional Wisdom, East 22, Light, Neihgbor, One Bed Wonder, Price Drop, Stubborn, Views
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