[NOTE the updated info below; and thanks to Reader Tim for the insight]The Market has established the clearing value for the buildingThough it took a really long time, the “1,410 sq ft” Manhattan loft #7C at 330 Spring Street (the…
Tag: Views
[UPDATED] yes, the sales dam is finally broken for Urban Glass House lofts at 330 Spring Street
Tagged with: 2006, Greenwich, New Development, Nimby, Prediction, Protest, Sanitation, Spring, Urban Glass House, Views
did Chelsea Mercantile loft sell at a record by accident at 252 Seventh Avenue?
Don Corleone, call your officeThere are not many non-penthouse lofts in the iconic Chelsea Mercantile condo that have sold on a $/ft basis anywhere near the range of the “1,517 sq ft” Manhattan loft #17B at 252 Seventh Avenue, which…
Tagged with: Cash Flow, Chelsea Mercantile, Private, Rent, Rent V Buy, Seventh, Statue Of Liberty, Views
tunnel living has its benefits, as 19 Beach Street loft sells up 22% over 2005
though 10% less than the seller wantedThis looks like a win to me: the “2,980 sq ft” Manhattan loft on the 5th floor at 19 Beach Street sold on December 7 at $3.595mm, apparently in the same condition as when…
Tagged with: Beach, Ghostbusters, Holland Tunnel, Light, Park, Spillway, Traffic, Varick, Views, Woolworth
development watch: West 28 Street, between 6th & 7th Avenues
whose backyard is it, anyway?Some stories are perennials. For the Manhattan media wing of the Real Estate Industrial Complex it might be one merging trend (families move to suburbs for quiet!) or its opposite (families move back to city because…
Tagged with: Crains, Flower District, Hotel, Light, New Development, The Real Deal, Views, West 27, West 28
New York Post scoops ACRIS with 330 Spring Street loft sale
of all things: news in a newspaper!Regular readers of Manhattan Loft Guy know that I never expect to be surprised when reading compilations like the New York Post’s regular Thursday feature, Just Sold!, or the New York Times Sunday feature,…
Tagged with: 2006, Ear Inn, Greenwich, New Development, Nimby, Protest, Sanitation, Spring, Urban Glass House, Views
private sale of 150 Nassau Street loft with high-floor premium or neighborly extortion
first look can be deceiving (see update below about due dilgence here)When I saw that the “1,723 sq ft” Manhattan loft #19A at 150 Nassau Street (at the corner of Spruce Street and opposite City Hall Park, basically under the…
Tagged with: 2003, City Hall, Combination, Comps, Fight Or Flight, Gehry, Nassau, Neighbor, Spruce, Views
loft with artist's personality sells at $1,174/ft at 149 Franklin Street
customized space, customizableThe Manhattan loft #5S at 149 Franklin Street that just sold has a very idiosyncratic character and a fascinating (odd) floor plan. No one who has seen it was surprised to see that it was the long-time live…
high floor low ceiling loft at 25 West 15 Street closes on 2nd contract, 2nd price
strange historyThe “1,800 sq ft” Manhattan loft on the 6th floor at 25 West 15 Street took 5 months to find a contract that stuck, using two asking prices (the second higher than the first), but until August all the…
Tagged with: Budget, Ceiling, Comps, Maintenance, Neighbor, Small Building, Views, Volume, West 15, Windows
West Village owner sells above ask to buy 335 Greenwich Street loft above ask
what goes around, comes aroundThe October 14 sale of the “1,600 sq ft” Manhattan loft #9A at 335 Greenwich Street (aka 20 Jay Street and the Hanover River House) earned the green on the Master List of Manhattan Lofts Sold…
Tagged with: 1979, Best And Final, Bidding War, Greenwich, Jay, Light, Renovation, Views, Walkup, Woolworth Building
57 Walker Street loft sells for 21% more than neighbor a year ago
overly restrained babble is pretty much unheard ofHave I mentioned lately that (yes) … comping is hard? When the “1,850 sq ft” Manhattan loft #4B at 57 Walker Street sold on October 12 at $2.04mm, that closing capped a successful…
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