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

risk, revisited / I am still a coward, but the 'brave' did not sell (yet)

Aug. 21, 2009

Categorized in: Psychology of the market

Tagged with: demand, inventory, negotiation, plus factor, price, price drop, risk, supply

I recently had a conversation with a former shareholder in one of the Manhattan loft buildings that I visited in my March 25 lengthy rumination, am I a coward? assessing + bearing risk in a risky world, as she was curious about how her former neighbor's l

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can an address provide enough oomph?

Apr. 2, 2009

Categorized in: pricing analysis

Tagged with: 1000ft, 1100ft, 2008, lehman, plus factor, price, risk, village

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

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am I a coward? assessing + bearing risk in a risky world

Mar. 25, 2009

Categorized in: Psychology of the market

Tagged with: demand, inventory, negotiation, plus factor, price, price drop, risk, supply

I noticed a Manhattan loft recently to market that (a) is a pretty spectacular loft, (b) in a building I am pretty familiar with, (c) in which there is a fairly timely and extensive set of market inputs (i.e., closed sales), (d) that is offered through a

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to Chelsea to push the too pushy ...? thread

Dec. 1, 2008

Categorized in: pricing analysis

Tagged with: goldilocks, price, pushy, renovation, sun

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

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too pushy...?? thread Vol 3 / Tribeca build-out

Nov. 19, 2008

Categorized in: Market Trends

Tagged with: goldilocks, price, pushy, renovation, tribeca

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

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