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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Aug. 28, 2009
Categorized in: Market Trends
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
Jul. 27, 2009
There's a Manhattan loft (fairly) newly for sale that caught my eye as a potential test of one of the limits that is more limiting in the current market than in prior markets: selling a space that will need substantial (if not gut) renovation. With mortga
Jul. 19, 2009
The first Manhattan loft is #5A at 100 Reade Street, which came to market in August 2008 (immediately pre-Lehman, for those who need that reminder) at $1.95mm and changed firms and prices (trying $1.8mm, $1.75mm, $1,7mm, $1.65mm) before finding a contract
Jun. 3, 2009
Categorized in: Market Trends
If you drew a line between the fair market value of the Manhattan loft #8D at 65 West 13 Street (The Greenwich Condominium) from the sale in May 2006 at $2.22mm and the sale in April 2009 at $2.2mm, the line would be essentially straight. But that straigh
Apr. 2, 2009
Categorized in: pricing analysis
One of the risks of pricing a Manhattan loft above The Market, of course, is that no one will visit, let alone bid, because there are alternatives that start at lower-prices. But what if the building has a strong history? Can a building be enough of a dra
Mar. 13, 2009
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
Mar. 11, 2009
Categorized in: Market Trends
Soho doesn't much more prime than the location of this new-to-market Manhattan loft that has caught my eye. Nor does a listing description get much more enthusiastic than this one, the relative brevity notwithstanding. The loft is very large, very well ap
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