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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Dec. 11, 2008
The smaller Manhattan loft is priced 7% above its 2005 clearing price; the larger unit 14% above its 2006 trading level. I'd say one is closer to The Market than the other, but what will Goldilocks say?
Dec. 9, 2008
Categorized in: Market Trends
If you had an East Village loft to sell (and if you really wanted to sell), and if a raving "triple mint!!!" Manhattan loft had sold in the building in the last few months at about $1,100/ft, would you price your loft above or below the triple-mint-with-e
Dec. 7, 2008
Categorized in: Market Trends
There's a new Manhattan loft listing in a Chelsea new development that closed within the last two years. This one closed at about $1,100/ft when brand spanking new. They think The Market loves this building, as this one is offered for re-sale at nearly $1
Dec. 6, 2008
Categorized in: Market Trends
This post started out being about the recent sale of a Chelsea loft, but it got more interesting (and April 9 complicated) because the same unit on a lower floor is also for sale. I can appreciate that sellers don't want to lower prices more than they hav
Dec. 4, 2008
Categorized in: Market Trends
There's a corridor in the Greater Midtown area with a lot of new Manhattan condo developments, some lofts, some not. One 2007 loft conversion has a new listing this week priced about $150/ft less than the original purchase price. The original sale prices
Dec. 1, 2008
Categorized in: pricing analysis
This week's Chelsea candidate for the Manhattan loft Goldilocks question (we started this thread on November 14 with two in 2 new Tribeca lofts too pushy or just pushy enough?? and have been reheating it like last week's stuffing ever since) was fully re
Nov. 19, 2008
Categorized in: Market Trends
Today's contestant is essentially a gut renovation opportunity for a large Manhattan loft that changed hands only this past Summer at about $900/ft. Something happened to make those Summer buyers November sellers (stock portfolio imploded, perhaps?), as t
Nov. 14, 2008
Categorized in: Market Trends
I noted last weekend 2 new listings for Manhattan lofts that struck me as a little aggressive in pricing, both good size lofts in prime Tribeca. One is asking about $1,250/ft for a space (with a new kitchen) that sold in 2005 off an ask (no trading price
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