how do you comp a one-flight-up penthouse?There are penthouses, and then there are penthouses. My understanding is that the term originally referred to a residential unit built on the roof, usually having direct (private) access to at least part of…
Tag: View
if robust, The Market will fix a too-low price (at least, it did, at 124 West 24 Street)
follow the bouncing ballThe seller of the “1,097 sq ft” Manhattan loft #5A at 124 West 24 Street was motivated, and successful. He brought the 2007 era newly converted loft to market on August 23, found a buyer who signed…
the Just One Buyer theory holds, as idiosyncratic 575 Sixth Avenue loft sells above ask, quickly
personal style that is very personal might still appealThis is a typical scenario: owner with wonderful taste renovates and decorates a Manhattan loft so that it fits her lifestyle and personality to a T, but eventually decides to sell; agent…
Tagged with: Bathroom, Closet, Concrete, Design, Idiosyncratic, Renovation, Sixth, Soundproof, View, Windows
Dietz Lantern loft at 429 Greenwich Street sells for $1,186/ft with one wall
more to be added, probablyThis floor plan exemplifies one of the things I like about Manhattan lofts: the (general) absence of load-bearing elements gives a loft owner remarkable flexibility, well beyond the level the owner of a Manhattan “apartment” would…
Tagged with: Barrel Vault, Ceiling, Comps, Dietz Lantern, Greenwich, Neighbor, One Bed Wonder, Renovation, Staging, View
more views at risk, as another 315 West 36 Street neighbor sells
“put your hands up, we’ve got you surrounded”If buildings could talk, that’s what the 2-story garage across 36th Street from the residential Manhattan loft building at 315 West 36 Street might say to its residential neighbor. Word comes today that…
Tagged with: Development, Due Diligence, Garage, Hotel, Parking Lot, View, View Diligence, West 35, West 36, West 37
no view needed to sell small 252 Seventh Avenue lofts at $1,339/ft, or at $1,593/ft
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…
little loft with great low floor light sells at $993/ft at 130 Nassau Street
a few topics of interest The recent sale of the “901 sq ft” Manhattan loft #3J at 150 Nassau Street is interesting for several things, but the first thing that caught my eye was the broker babble “some of the…
again running with the bulls at 48 Bond Street, up 18% over 2008 this time
the Berke premium growsOf course we have been on Bond Street before, talking about how that small stretch of Noho has taken off after just two new residential loft uber-condo developments (starting with my November 1, 2007, re-setting values at…
2 new bathrooms and a market thaw earn $195,000 gain for 520 LaGuardia Place loft over 2009
not much, eh?Let’s stick with that meme about the Trough Of 2009 another day, following yesterday’s November 26, particularly deep trough discovered, as 335 Greenwich Street loft sells 31% over 2009. Today’s exhibit is rather more equivocal. The “1,400 sq…
particularly deep trough discovered, as 335 Greenwich Street loft sells 31% over 2009
some stories never get oldI can’t explain why, but I take particular pleasure in noting Manhattan loft sales that hit a particular narrative. In this case, the narrative for the recent sale of the “1,600 sq ft” Manhattan loft #5A…
Tagged with: Broker Babble, Efficient, Greenwich, Hanover River House, Jay, Light, Rebny, Square Feet, Trough, View
Top
Follow Us!