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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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Jun. 17, 2009
My new mantra is if 'change is good', why is transition so hard? I offer that thought as a transition to this nugget in the Corcoran data-base that caught my eye. I am still not sure what The Rules are (there must be some, right?) for classifying "lofts"
Jun. 8, 2009
I need to ask some questions at The New Firm, but as of now it appears that Corcoran's "loft" category is much smaller than OLR's (as I got only 4 new listings and less than 600 lofts in inventory) and that I cannot (easily? at all??) count loft sales for
Jun. 4, 2009
I brought my license over to Corcoran's Soho office yesterday and started training today on a new listing system. I had a great run at Coldwell Banker Hunt Kennedy and will update this when (if?) there is publicly available information about CBHK that exp
Apr. 4, 2009
Using the Miller Samuel more rich data set, the Manhattan loft niche over-performed on median sales price (the overall Manhattan market was up 3.1% YoY), on average price per foot (the overall market was down 2.3% YoY), on days on market (the overall mark
Apr. 3, 2009
The number that jumped out at me when I got to see Corcoran's Manhattan real estate market report for the first quarter of 2009 (pdf, here) is their count of what looks like closed sales, by month.
Apr. 2, 2009
The headline of the Josh Barbanel piece in this morning's New York Times pretty much says it all about the major firms' First Quarter Manhattan residential real estate market reports: Apartments Sell for Less if They Are Sold at All. There will be much t
Jan. 23, 2009
The loft niche is under-reported in two of three Manhattan quarterly market reports, so comparisons among the firms is difficult (The Miller wins, by default, essentially). The Miller Samuel 156 loft sales must have a very different mix from the unknown n
Jan. 10, 2009
Corcoran's loft-specific information is limited to average and median sales prices and average price per foot for 4 sizes of lofts, on only a year-over-year comparison. The data for the loft segment (on p5 of 13) and the overall Manhattan market (on p4 of
Aug. 14, 2008
Yesterday I (finally) hit the big firm reports on Manhattan real estate transactions (and other stats) from the Second Quarter of 2008 .... Today it is whatever data is reported through the Big Three Firms ... specifically on the Manhattan loft market.
Aug. 13, 2008
It is (more than?) about time that I commented on the Q2 Manhattan real estate reports, as I have been chewing on them for quite a while (and we are halfway through Q3). The most interesting take-away for me is how well 2008 is doing (so far) compared to
Apr. 14, 2008
More on the difference between reported sales volume in different first quarter Manhattan residential real estate market reports, now at the level of a true dispute, complete with trash-talking.
Apr. 11, 2008
3 major reports on the Manhattan residential sales market in the first quarter of 2008 trended similarly on price (up, or way up) but not on volume. Worse, they use such different numbers as to confound any reasonable person.
Oct. 16, 2007
New Manhattan loft for sale at 108 Wooster Street has an inefficient floor plan but a high price per foot.
Oct. 7, 2007
Interesting decision by the seller to switch agents but not firms. Obviously, the firm-based (and web) marketing oomph is exactly the same then, as now. My surmise two months ago was that the super-hero campaign was so quirky that it suggested the owner and agent had a very good rapport, but – if so – that got strained without a sale. I don’t remember the former pictures all that well, but the ones now up seem new to me (and fewer), so maybe they are simply simplifying the marketing.
Aug. 30, 2007
so new no web (yet)
The
8th floor at 69
Murray Street is so new as a
listing it is not yet on Corcoran's website -- but when it is it
should be
here.
Asking $2.35mm ($2,380/mo maintenance) for "... [Read More]
Jun. 29, 2007
Categorized in: On The Market
loft comes with approved plans
The 5th floor at 8 East 12 Street is new today -- set up as 2 bedrooms + 2 baths in “2,300 sq ft”, it comes with architect’s plans to covert to a 3... [Read More]
Jun. 28, 2007
Categorized in: pricing analysis
The NY Times Residential Sales feature today includes this Manhattan loft sale:
GREENWICH VILLAGE $3.1 million
684 Broadway (Great Jones Street)
3-bedroom, 2-bath, 3,100-sq.-ft. co-op in a re... [Read More]
Jun. 14, 2007
quarter-assed portal??
I blogged about the saga of the miserable efforts by the Real Estate Board of New York to create a single public website for access to REBNY member firm exclusive sales and... [Read More]
May. 24, 2007
#3N at 10 Leonard St just went into contract this week after six months on the market, off an asking price of $1.199mm (and a relatively high maintenance for a non-doorman loft of $1,157/mo for a 1... [Read More]
May. 17, 2007
weak-ass website coming
It may sound like inside baseball to many, but the saga of the REBNY public web portal is a fascinating story, with important implications for how coops and condos are mark... [Read More]
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