that will leave a markUntil recently, there were but two lofts at the O’Neill Building, 655 Sixth Avenue, on the spreadsheet of 2007 and 2011 paired sales. (See my September 27, is the Manhattan loft market back to (up to)…
Tag: Windows
245 Seventh Avenue loft got the memo about 2007 pricing, sells at (small) premium
which number is most impressive?There are several impressive numbers associated with the sale on August 16 of the “2,258 sq ft” Manhattan loft #3A at 245 Seventh Avenue for $2.8mm: that was the 6th time the loft has sold since…
romance sold the loft at 430 Greenwich Street, but it took a while
as Conventional Wisdom takes another hitOne hopes that Conventional Wisdom has enough self-confidence to shrug off the many times that people just ignore it. Sales like that of the Manhattan loft #5W at 430 Greenwich Street might cause an insecure…
Tagged with: Babble, Charm, Conventional Wisdom, Flexible, Floor Plan, Greenwich, Poetry, Romance, Window Seat, Windows
why did 288 West Street lofts close with such a wide spread?
why would “gut” beat “restored”?There is a puzzle about the last two Manhattan loft sales at 288 West Street at the extreme northwest corner of Tribeca that might be one of those always-easy-when-you-know-the-answer puzzles. Two lofts that sound the same…
Tagged with: Canal, Comps, Holland Tunnel, Renovation, River, Traffic, Treetop, Views, West, Windows
interesting loft sale at 260 Fifth Avenue, but Observer gets it wrong
why do they do that?The New York Observer reported yesterday that the Manhattan loft on the 8th floor at 260 Fifth Avenue sold for $3.95mm but, as you will see in a minute, it didn’t. It was a newsworthy event…
why did Chelsea Mercantile loft sell within 3% of The Peak?
Field of Dreams pricing, maybeWhen the Manhattan loft #15-I at 252 Seventh Avenue in the Manhattan Loft Guy fave Chelsea Mercantile sold on June 9 at $3.65mm it wasn’t a man-bites-dog story like my July 5, man bites dog! 49…
Tagged with: Chelsea Mercantile, Comps, Mercantil, Neighbor, Peak, Renovation, Resale, Seventh, View, Windows
why did 107 West 25 Street loft take so long to sell?
so close to original ask, above last askI got on the horse yesterday about the form of Market Curios that take a long time to sell at not such a different price at which they had long been available (424…
49 East 21 Street loft shows the benefits (and PAIN) of timing
and windows (pain, or none)The Manhattan loft #11C at 49 East 21 Street sold on May 6 at a $100,000 premium to the asking price of $1.75mm. On the one hand, this shows the benefits of windows; on the other…
Tagged with: Berkshires, Connecticut, East 21, Flip, High Floor, Low Floor, New Development, Second, Sponsor, Windows
did the sponsor of 186 Fifth Avenue lofts get squeezed in first resale?
the runt of the litterBoth times the Manhattan loft on the 4th floor at 186 Fifth Avenue have sold have been odd sales. Back on those thrilling days of yesteryear (2007), when four full-floor lofts were offered by the sponsor…
Tagged with: Conversion, Fifth, Flatiron, Madison Square, New Development, Renovation, Sponsor, View, West 23, Windows
dream renovation adds 50% to 39 East 12 Street loft
if you build it …The petite Manhattan loft #307 at 39 East 12 Street (University Mews) traded four years ago as a build-your-dream loft for $850,000 then again (dream realized!) on May 10 at $1.25mm. I suspect that the dream…
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