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quote for the day / NYT The Hunt

August 30th, 2009 2:40 pm
Categorized in: Psychology of the market
The Sunday Real Estate section of the New York Times regular feature by Joyce Cohen, The Hunt, today profiles a woman who seems to have spent much of the last 18 months looking for a 2 bedroom with light on a narrow slice of the Upper West Side. She event

one less funny person at The Porter House

August 28th, 2009 7:43 am
Categorized in: Market Trends
I checked in at 66 Ninth Avenue (The Porter House) on August 16 (Porter House loft may be "beyond the beyond" but sells off a million, up 40% or down 25%) to tell a tale of Manhattan loft sellers who recently closed 40% above their November 2003 purchase

revisiting Trouble in Tribeca, while stopping in Soho

August 27th, 2009 8:44 am
Categorized in: Market Trends
Tagged with: closed, real deal, soho, tribeca
When I hit the Manhattan loft #3S at 155 Franklin Street (the Sugar Loaf) as a June 2009 sale 16% off the 2006 clearing price (August 5, 155 Franklin Street crashes past 2006 to close up 28% (since 2000)) I made a note-to-self to revisit The Real Deal Jul

master list of Manhattan loft closings since November

August 23rd, 2009 9:27 am
Categorized in: Market Data - reports
It has been quite a while since I posted loft-closings-in-last-30-days, but I have not stopped keeping track of Manhattan residential lofts as they close. While there are many limitations in the data (discussed below), the collection is worthwhile enough

buying high, selling low (ouch) at 114 Spring Street

August 15th, 2009 5:50 pm
Categorized in: Loft neighborhoods / SoHo
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