difficulty at the $5 million level is not a new phenomenon for Manhattan lofts My post on Tuesday considered whether the December string of downtown Manhattan lofts that took a long time to sell around $5 million that I noticed…
Tag: West 24
more on the $5 million Manhattan loft market, a year over year look
Tagged with: Bond, Cooper Square, days on, East 16, East 24, Fifth, Franklin, Greene, Greenwich, Hudson, Jonathan Miller, Laihgt, market, Price Drops, unrealistic seller, West 18, West 23, West 24, Worth
the perils in following Manhattan loft deed filings, unhappy family edition
not so much a diversion as a quick hit, this one of a Chelsea loft that did not “sell” as reported Manhattan Loft Guy blog posts have been pretty infrequent of late (Note To Self …) so in the spirit of…
Tagged with: Arms Length, Deed Record, Divorce, Flatiron, Hill Street Blues, Master List, non-market transaction, West 24
loft lovers trade light on Fifth Avenue in Flatiron for dark space on 24th Street in Chelsea
Manhattan loft voyeurs unite! Long-time readers of Manhattan loft Guy know that I am interested somewhat obsessed with the choices that folks make when it comes to Manhattan lofts. The folks who traded the “1,750 sq ft” Manhattan loft #7B…
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…
keeping quiet about resale of 124 West 24 Street loft at 20% over 2007
at the mercy of the bureaucratsBecause the “1,097 sq ft” Manhattan loft #3A at 124 West 24 Street (124W24; ugh!) sold on December 28, it is not new; but the deed was not filed until March 5 so it is…
Tagged with: Comps, Convertible, Efficient, Neighbor, New Development, Peak, Rational, Sponsor, Streeteasy, West 24
over-optimistic loft seller at 124 West 24 Street still beats 2007 buy
if buy low, easier to sell high (d’oh!)The 20-unit Manhattan 2007 loft condominium conversion at 124 West 24 Street is an interesting laboratory for observing the behavior of rats buyers over time. The most recent data point is the October…
Tagged with: Comps, Light, Neighbor, New Development, Nuclear Winter, Peak, Rational, Resale, Sponsor, West 24
nice price at 40 West 24 Street? (consider the renovation)
Stage One reviewWhen I saw that the "2,000 sq ft" Manhattan loft #9E at 40 West 20 Street closed on September 2 for $1.64mm and that the "2,000 sq ft" #8N closed for $1.7mm on January 30, 2008 I was…
is Chelsea Mercantile off 25% since 2007?
one data point says ‘yes’I have long believed that the Chelsea Mercantile conversion of the old Veteran’s Administration building into residential lofts on Seventh Avenue at 24th and 25th Streets ‘created’ a new market for (lower) ‘north Chelsea’. (From back…
new Manhattan loft listings, closed sales + inventory in last 7 days
This is my twenty-seventh report on the number, price distribution and neighborhood distribution for Manhattan lofts reported as new to the market or as closed sales in the last 7 days, and the third to include (bad data about?) "inventory".The…
New Listings + Sales of Manhattan lofts in last 7 days
This is my ninth report on the number, price distribution and neighborhood distribution for Manhattan lofts reported as new to the market or as closed sales in the last 7 days. As usual, for information about how I get this…
Tagged with: Bond, Bowery, Closed Sales, East 26, Jade, New Developments, New Listings, Perry, West, West 24
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