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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

(kinda) quick trip to closing, but a long trip off ask at 147 Waverly Place

Feb. 11, 2009
Categorized in: pricing analysis
velocity x magnitude = whiplash The speed at which the Wanna-Be-Seller adjusted the asking price for this Manhattan loft is remarkable, as is the magnitude: the $796,000 price reduction was a 40% "discount" off the asking price. Yowza. (How's that for p

find the number, hit the number / 35 East 12 Street closes

Dec. 5, 2008
Sometimes those silly buyers pay very close attention to the first, or even to the second, digit in an asking price, so sellers use the 'wrong numbers' at their peril. In the case of the Manhattan loft on the 5th floor at 35 East 12 Street, everyone's job