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at 65 West 13 Street, 3 years = off $20,000, but last year ...?

June 3rd, 2009 5:02 am
Categorized in: Market Trends
If you drew a line between the fair market value of the Manhattan loft #8D at 65 West 13 Street (The Greenwich Condominium) from the sale in May 2006 at $2.22mm and the sale in April 2009 at $2.2mm, the line would be essentially straight. But that straigh

perfectly bad timing for 19 Bond Street to flip

May 22nd, 2009 7:48 am
Categorized in: loft neighborhoods / NoHo
Tagged with: 2008, bond, flip, poster child
The Manhattan loft #2A at 19 Bond Street is one of those poster children. In fact, it is at least two of those poster children. The first poster is captioned The Height of The Market; the second caption is Getting Out With Whatever You Can Get.

can an address provide enough oomph?

April 2nd, 2009 4:25 am
Categorized in: pricing analysis
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

off (only) 6% in Soho in a year? one seller thinks so

March 13th, 2009 4:43 am
Categorized in: Loft neighborhoods / SoHo
Tagged with: 2003, 2008, comps
Am I easily thrilled? There's a Manhattan loft new to market in a pretty chic Soho conversion from earlier in this century that will be a pretty good indicator of how The Market has changed for that building in a year-plus. The new one is offered at 6% lo

flipping for fun, not profit, in Soho

March 11th, 2009 7:09 am
Categorized in: Market Trends
Tagged with: 2004, 2008, flip, renovation
Soho doesn't much more prime than the location of this new-to-market Manhattan loft that has caught my eye. Nor does a listing description get much more enthusiastic than this one, the relative brevity notwithstanding. The loft is very large, very well ap
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