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modesty rewarded, but 'how well?' remains the question
Posted at Manhattan Loft Guy by Sandy Mattingly
August 29th, 2009 11:32 am
Categorized in: pricing analysis
Tagged with: 2005, competition, contract, neighbor, neighbors, price drop
Sometimes Manhattan Loft Guy gets it right. I posed a question on July 8 that was answered very quickly: will pricing 25% below 2007 hit The Market in a sweet spot? The answer came in an update on StreetEasy the very next day: contract signed. It sure is
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buying high, selling low (ouch) at 114 Spring Street
Posted at Manhattan Loft Guy by Sandy Mattingly
August 15th, 2009 5:50 pm
Categorized in: Loft neighborhoods / SoHo
Tagged with: 2005, 2006, barrel vault, ceiling, closed, discount, price drop, renovation, resale, spring
The Manhattan loft #2 at 114 Spring Street has (and has had) a lot to recommend it: prime Soho location, "1,900 sq ft", 12 foot barrel-vaulted ceilings, bright lights and cast-iron views, and a renovation described as "magnificent" (Venetian plastered wal
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170 Fifth Avenue closes AT 2007 (maybe)
Posted at Manhattan Loft Guy by Sandy Mattingly
August 13th, 2009 7:55 am
Categorized in: Market Trends
Tagged with: 2005, 2007, competition, fifth, neighbor, neighbors
If I am reading the listing descriptions and pictures correctly, the very recent sale of the Manhattan loft #5 at 170 Fifth Avenuefor $2.945mm was essentially flat since the February 2007 sale of #3 for $2,972,500. What has been preserved of the third flo
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bidding war erupts VERY late, as 49 Warren St gut job closes
Posted at Manhattan Loft Guy by Sandy Mattingly
August 10th, 2009 12:54 pm
Categorized in: renovation opportunities + rewards
Tagged with: 1100ft, 2005, bidding war, gut, renovation, warren
This one is weird.... I began this post in my mind with a headline like "pricing it VERY right at 49 Warren Street" because the StreetEasy listing associated with the closed sale of this loft on July 29 begins on June 6 at $1.3mm, with an apparent contrac
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2005 + 10%? that might work
Posted at Manhattan Loft Guy by Sandy Mattingly
August 9th, 2009 12:24 pm
Categorized in: Market Trends
Tagged with: 1000ft, 2005, 2007, prime, square, windows
There's a lovely square loft newly available for sale in a prime Manhattan loft area that is asking about 10% more than the clearing price when it sold in June 2005. I think this is likely to be close enough that The Marketwill reward it with an offer off
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