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Manhattan Loft Guy

Aug. 15, 2007 - new (quick) contract at 474 Greenwich

 
but how’s the market doing TODAY?
Given the market jitters lately (yesterday’s “jittery” = word for the day), it may be of particular note that #6N at 474 Greenwich Street came to market on July 29 and showed a signed contract as of Monday – two weeks of nice work by Patty LaRocco at PruDE.
 
This “1,200 sq ft” “artist loft” with 16 foot ceilings was marketed between the lines as a renovation project (no interior pix, no floor plan, a modest description), asking $1.3mm ($1,655/mo maintenance). They got close enough to the ask to make them smile quickly.
 
The plus factor here is the private rooftop garden, but there’s no indication of how plus this is (no size, no pix).
 
The unit next door (#6W, “1,400 sq ft”) has sold twice in the last year and a half, first for $1.525mm in March 2006, then last week (too soon for the city records, but the ask was $1.675mm).
 
Unit 6A is a useful data point for considering how’s the market doing today?
 
© Sandy Mattingly 2007
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