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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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RE: loft developer in default at 654 Broadway
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RE: does not compute / 2007 + 10% = no sale?
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RE: how big a discount for renovation? 64 West 15 Street closes with and without
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RE: 497 Greenwich Street sale was off a low ball?
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Manhattan Loft Guy

did 525 Broome Street get value for the 2008 renovation?

Aug. 25, 2009
Categorized in: Loft neighborhoods / SoHo
Of course The Market does not care what a seller has to pay, or has paid; The Market only cares about what the seller and buyer can agree upon. In this case, the July 31, 2009 buyer of a renovated loft and the June 19, 2008 buyer of a blank canvas agreed

NY Times highlight 142 Duane St sale, mis-counts weeks, omits land lease info

Dec. 24, 2008
Both sellers should be happy they sailed through the sales process, of course. And with #3B getting $1,060/ft at pretty much exactly the same time that #4A got $1,075/ft, these two Manhattan loft sellers should be just about as happy as each other. With a

price drop trumps patience at 525 Broome, 9 months to contract

Mar. 24, 2008
Categorized in: Loft neighborhoods / SoHo
I hit 525 Broome Street #3 in a Manhattan loft open house review November 16 (5 Sunday Open Houses around $2.5mm ), noting that the "patient seller" had not changed the price since July.

5 Sunday Open Houses around $2.5mm

Nov. 16, 2007
Categorized in: open houses
Sunday open houses at Manhattan lofts for sale around $2.5mm at 13 Jay Street, 714 Broadway, 158 West 23 Street, 525 Broome Street, 93 Mercer Street

the grey-beard tour / open houses at … ummm … ‘mature’ listings

Mar. 28, 2007
Categorized in: open houses
These three lofts have all been around for a while. With noon starting times for open houses Sunday, it is a bit like the early dinner seating (5:30?) in Miami. Hit all three and be home by 1 PM.... [Read More]