it ain’t the ‘needs updating’ condition The “1,238 sq ft” (interior) loft #6B at 118 Wooster Street in the heart of Soho that just sold for $2.45mm didn’t sell because of the quality of the interior space. Although there’s a…
Tag: Wooster
2,000 sq ft head to head, Soho loft on Wooster crushes Tribeca loft on Warren
comping is (still) hard in the Manhattan loft niche You can’t have a much more stark comparison between two lofts in the prime Manhattan loft neighborhoods than two approximately 2,000 sq ft lofts that sold on the same day, both…
Tagged with: Brick, Broker Babble, City Hall Park, Columns, Comps, Doorman, Floor Plan, Long And Narrow, Monthly Cost, prime soho, prime tribeca, Trinity Stewart, Volume, Warren, Windows, Wooster
$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…
Tagged with: Beach, Days On Market, Duane, East 11, Greenwich, Hudson, Jonathan Miller, Laight, Mercer, N Moore, New Developments, Price Drops, Seventh, unrealistic seller, Washington, West 13, West 18, West 23, Wooster, Worth
Soho (former) artist loft with (current) artist’s floor plan sells for $1,324/ft
finishes upgraded from ‘classic artist’s’ since 1970s; floor plan, not so much Although the “1,850 sq ft” Manhattan loft #7C at 141 Wooster Street was marketed as an “Original Soho Artists loft available for the first time since the 1970s”…
Tagged with: 2011, Artist, artist's loft, Beam, Classic, Columns, Floor Plan, Layout, Light, Renovation, streeteasy index, View, Windows, Wooster
463 Greenwich Street loft is a fascinating project, sells at $1,442/ft
why not another one? The “1,320 sq ft” Manhattan loft on the 4th floor at 463 Greenwich Street in northwest Tribeca is an interesting comp for yesterday’s somewhat primitive loft in prime Soho. Similar in size and in having…
152 Wooster Street loft shows that character matters, competition drives premium
War Week resumes Some stories never get old, so here’s another one from the Bidding War Files. The cool things about the “1,360 sq ft” Manhattan loft #2C at 152 Wooster Street that just sold 12% above the asking…
Tagged with: Bathroom, Brick, Development, Floor Plan, Glass Brick, Layout, Parking Lot, Renovation, Windows, Wooster
all Soho is not alike: 12 Wooster Street loft sells for $869/ft after renovation
go figure (please show your worksheet)Even a sub-market like Soho has outliers. Regular readers of Manhattan Loft Guy know why Soho and Tribeca are high-end price outliers in the overall Manhattan residential real estate market (e.g., February 2, Tribeca and…
Tagged with: Comps, Discount, Elevator, Lake Wobegon, Neighbor, Occam, Prime Calssic, Renovation, Walkup, Wooster
2 years to contract for 139 Spring Street artist's loft
one birthday is bad enough…It is a little unfair of me to say it took two years for the recently sold “2,522 sq ft” Manhattan loft #3B at 139 Spring Street find a contract, even though the loft was brought…
Tagged with: 2002, Artist, Birthday, Conversion, Gut, Odyssey, Primitive, Renovation, Spring, Wooster
serendipity: 113 Prince Street loft that took a year to sell took 113 days to file deed
nothing happens quickly here, apparentlyThe sale of the “1,490 sq ft” Manhattan loft #5ER at 113 Prince Street is another example of not new news (like in my November 23, 67 Hudson Street loft closes off 9% from 2005, with…
wrapping up last week's penthouse week with 43 Wooster Street loft sale, redux
playing outdoors, againWith last week’s theme in mind, I went back to look at the Manhattan loft #6E at 43 Wooster Street. I hit this penthouse loft sale when the deed was freshly filed (July 19, 43 Wooster Street penthouse…
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