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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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Manhattan Loft Guy

raise, drop (rinse), repeat / loft pricing theory, explored

Dec. 4, 2007
Categorized in: pricing analysis
When I talked about death-by-small-increments (above) I was thinking about the seller (and agent) being motivated to drop the price meaningfully motivate buyers to think now is the right price, while running the foot-shooting risk that buyers will instead

anyone as confused as I am? rare foreclosure sale + rare pricing at Lion's Head 11E

Sep. 28, 2007
price is now $3.7mm plus 6% I have blogged about Penthouse E (#11E) at 121 West 19 Street several times, once even drawing a comment from someone from the Elaine Clayman team "correcting&... [Read More]

Counter-intuitive Sales 101 / head-scratching price change as 12 W 17 strays further north

Jan. 24, 2007
Categorized in: pricing analysis
if at first it doesn’t sell, raise the price! Last month I posted about three interesting lofts on the same block of West 17 Street off Fifth, priced under $3mm (selling West 17th St / 3 ver... [Read More]