Tagged "2003"

Manhattan Loft Guy

New York, New York

on matters of interest to Manhattan coop or condo loft apartment dwellers, buyers, sellers, and others, especially about New York City real estate

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Manhattan Loft Guy

one less funny person at The Porter House

Aug. 28, 2009

Categorized in: Market Trends

Tagged with: 2003, 2008, closed, contract, ninth, porter, price drop, real deal, terrace

I checked in at 66 Ninth Avenue (The Porter House) on August 16 (Porter House loft may be "beyond the beyond" but sells off a million, up 40% or down 25%) to tell a tale of Manhattan loft sellers who recently closed 40% above their November 2003 purchase

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Porter House loft may be "beyond the beyond" but sells off a million, up 40% or down 25%

Aug. 16, 2009

Categorized in: Loft neighborhoods / Chelsea

Tagged with: 2003, 2006, 2007, cantilever, competition, meatpacking, neighbor, neighbors, ninth, porter

The Manhattan loft #3W at 66 Ninth Avenue (The Porter House) was marketed very enthusiastically at prices The Market was not ready for. It cleared on June 23 at $2.15mm, which is a difficult number to put in context. In the context of neighborly competiti

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flipping on your head (ouch) in Chelsea / from 2002 to 2007, returning to 2009 ... then 2006 or earlier??

Mar. 26, 2009

Categorized in: Market Trends

Tagged with: 2002, 2003, 2007, chelsea, flip, froth, price drop, the shadow

As I said (in all those words above), this is quite an interesting timeline, encompassing Mahanttan loft markets that showed gain to froth to pain: (1) an up market (developer searching for right price in 2002-03), (2) a frothy market (quick sale in 2007

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off (only) 6% in Soho in a year? one seller thinks so

Mar. 13, 2009

Categorized in: Loft neighborhoods / SoHo

Tagged with: 2003, 2008, comps

Am I easily thrilled? There's a Manhattan loft new to market in a pretty chic Soho conversion from earlier in this century that will be a pretty good indicator of how The Market has changed for that building in a year-plus. The new one is offered at 6% lo

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lipstick on a pig, or, buying an overdone ($1mm?) remodel

Feb. 27, 2009

Categorized in: renovation opportunities + rewards

Tagged with: 2003, 2006, light, renovation, resale, upgrade

What if you bought a Manhattan loft with not much light and low ceilings, and put a ton of money into it -- really jazzing it up in decidedly not neutral tones -- then decided to sell within 3 years of purchase? How confident would you be of recovering yo

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one year to contract at 45 Walker Street

Jul. 8, 2008

Categorized in: Loft neighborhoods / Tribeca

Tagged with: 2003, bargain, closed, deed, hillary swank, longandnarrow, movie, renovation, walker

The deed transferring the Manhattan loft at 45 Walker Street #4 was filed two weeks ago, ending a rather long sales effort. At under $1,200/ft for a condo with low monthly charges, this is a relative Tribeca loft bargain.

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and raise you ... / pushing at The Bullmoose

Nov. 20, 2007

Categorized in: Loft neighborhoods / Flatiron

Tagged with: 2003, appreciation, bullmoose, east 20

The Manhattan loft #3B at 42 East 20 Street is new for sale today (no pix or floor plan yet), asking $3.95mm and $2,794/mo (condo) for “2,735 s ft” at the hot-when-nrew-in-2003 Bullmoose Condominium. The last sale in the building was #5B, which sold a

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