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

worse than bandages? painful for sellers to rip the calendar

Mar. 4, 2009

Categorized in: Market Trends

Tagged with: 2005, contract, flatiron, negotiation, price drop

It is very challenging for most sellers to understand just how much The Market has shifted. Most sellers will acknowledge that they won't sell now near peak prices, but they are reluctant to 'give back' much more than that. That's why I find some of the

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drip, drip ... this data point points down from 2007 (way down)

Feb. 18, 2009

Categorized in: Market Trends

Tagged with: 000ft, 1, 2007, flatiron, price drop, pushy, renovation

The loft is on a funky block (actually, a Manhattan Loft Guy fave), in a no-frills mature coop in which a "renovated and restored" unit sold at $1,000/ft in late 2007. But the current difficulty is not the funk, the frills or (likely) the finishes. Yes, V

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pushing on in Flatiron, but not as hard

Dec. 19, 2008

Categorized in: Loft neighborhoods / Flatiron

Tagged with: 2006, flatiron, pushy, renovation

In this continuing series asking the (musical?) question is that Manhattan loft too pushy on price, or not pushy enough?, I hit a candidate a while back that one MLG reader identified easily (my efforts to assure listing anonymity notwithstanding). That p

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neighborly competition leads to neighborly mistakes? the laboratory at 24 East 22 Street

Nov. 30, 2008

Categorized in: Loft neighborhoods / Flatiron

Tagged with: competition, east 22, flatiron, lot line, met life, ny times, off the market, sold, views, windows

Putting an apartment on the market at the same time as a neighbor's can strain relationships within a building. But I wonder about the degree to which competing listings can lead sellers to over-value their apartments. Let's get back to 24 East 22 Street

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the too pushy?? thread continues / another one to follow, in Flatiron

Nov. 15, 2008

Categorized in: Market Trends

Tagged with: flatiron, pushy

Here is another new Manhattan loft listing that I will try to follow (like the two in 2 new Tribeca lofts too pushy or just pushy enough?? from yesterday) because it may be pushing prices further than The Market will bear (note the subtle Goldilocks refer

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‘rare’ open house duel at 24 E 22 / fighting about windows

Feb. 9, 2008

Categorized in: Loft neighborhoods / Flatiron

Tagged with: east 22, flatiron, lot line, met life, views, windows

BHS has been marketing the full floor loft 24 East 22 Street #5 since July as “rarely available”; that may have been true, but it is not so true since Corcoran brought the Manhattan loft below to market i2 months ago.

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