Tag: Washington

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

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$5 million data points: unrealistic Manhattan loft sellers or market softening?

the numbers are intriguing One of the story lines coming out of the Manhattan Media Division of the Real Estate Industrial Complex has been about supply in the luxury market (specifically, in new developments), with the (often implicit) question about

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condition trumps location, earns $1,875/ft in busy corner of northeast Tribeca

not quite a million over 2007 purchase The “1,200 sq ft” Manhattan loft #15C at 395 Broadway that just sold at $2.25mm has seen some upgrades since it was bought by the recent sellers back in April 2007 at $1.295mm,

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opportunity in Tribeca lost, and quantified, as buyer delay over that darn storm at 92 Laight Street loft cost about $200,000

same river view, same River Loft, but more money to buy with less water Here is a graphic indicator of market velocity, at least in the Manhattan residential real estate market niche of uber-condo loft properties in far west Tribeca:

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difficult penthouse loft sells above ask at 399 Washington Street

  attention to some details, not others The “1,800 sq ft” Manhattan penthouse loft on the 5th floor of 399 Washington Street at a funny little corner in Northwest Tribeca has many surface similarities to the raw-to-mints-in-3-years loft that I

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395 Broadway loft sells at $1,174/ft, a relative bargain to a gut job

is there a gut premium?The “1,163 sq ft*” Manhattan loft #11A at 395 Broadway just sold in mint-y condition at $1.365mm, or $1,174/ft, in the northeast corner of Tribeca. That compares very favorably to the last “A” line sale here,

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Post scoop: celebs close on raw loft at 427 Washington Street at $869/ft

Post flub: priceI can’t find a public record behind the lead celebrity real estate item in today’s Gimme Shelter feature in the New York Post on ACRIS, StreetEasy or The Shark, but according to our data-base Jennifer Gould Keil got

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holiday diversion / his birthday was yesterday

but his Day is todayLast year on the holiday I linked to the I Have A Dream speech from the Washington Mall, with text and video; I also linked to that text on the sad 40th anniversary of his assassination,

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Wall Street Journal flogs north Tribeca for no apparent reason

too much time on their hands?Believe me, I get that one purpose of the media wing of the Manhattan Real Estate Industrial Complex is to create ‘news’ about little neighborhoods, in part to follow a narrative of up-and-coming. This Wall

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#1 is 279 today (well, would be)

happy birthday, Dad!George Washington was born on February 22, 1732 (d. Dec 14, 1799). Unless you are over-tired from commemorating Presidents yesterday, take a second to consider The First on his birthday. Many thanks, old man. © Sandy Mattingly 2011

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