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(too rich, too thin) too stylish to sell (well)?

July 1st, 2009 4:30 am
Categorized in: pricing analysis
There is a lovely (anonymous!) Manhattan loft for sale that is almost a One Bed Wonder (haven't talked about one of those for a while). It is rather large, wonderfully renovated in a manner tres chic moderne, and has had a bit of trouble finding The Mar

why would you do that? flipping (trying) at 25% over February 2009

June 25th, 2009 5:01 am
Categorized in: Market Trends
Tagged with: contract, flip, lehman, price drop
There's a Manhattan loft new to market in a building that has had a fair amount of activity in the past couple of years. One bit of that activity was this very same loft, selling in February for $1.73mm. When that happened, the loft was a poster child for

"gotta sell" at 315 West 36 Street, so dropped 40% -- and sold

June 23rd, 2009 6:08 am
The Manhattan loft #12C at 315 West 36 Street was marketed with some urgency, some big price drops, and all caps (I have taken that annoying formatting off): "major price drop, must sell immediately!!!". Darned if they didn't do it (not "immediately", but

price drop can re-set expectations IF low enough

June 15th, 2009 8:27 am
There's a Manhattan loft newly returned to market in a brand-name Tribeca building that has been for sale for quite a while. It is now on its third firm and fourth price. It is hard to see that the new firm and new price will have more luck than the last

ending up where they started / $4mm closing at 99 Jane

June 9th, 2009 6:50 am
The Market just proved that the Manhattan loft #10A at 99 Jane Street is worth $4mm, as that is the clearing price just now publicly available from the May 30 closing. That strikes me as at least a bit odd, as this loft started to market a year ago at tha

Cuhaci & Peterson Architects Awarded Contract to Design New 12 Story Addition to Ramada Inn on International Drive in Southwest Orlando

June 2nd, 2009 10:02 am
Cuhaci & Peterson Architects, LLC, based in Orlando’s Baldwin Park, was recently awarded a contract to design a new 12 story, 130-room addition to the Ramada Inn hotel on International Drive in Orlando’s tourism corridor.

Melrose Sovereign Companies Awarded Community Management Contract in Bradenton area

May 8th, 2009 11:15 am
Melrose Sovereign Companies, the Orlando-based property management firm that specializes in residential communities and multi-family properties was recently awarded a contract to manage Gillette Grove on Moccasin Wallow Road West in Palmetto north of Brad

10 Bleecker remarkable space holds value remarkably well

April 14th, 2009 12:38 pm
Categorized in: loft neighborhoods / NoHo
You might look at the successful 9 day marketing campaign (NINE DAYS!) a year ago of the Manhattan loft #7B at 10 Bleecker Street as a marvel of timing, in the sense of how marvelous (for these sellers) to time the top of the market. After all, they got

more angst at $1,000/ft / feels like 2005 in Tribeca as contract (finally) signed

March 27th, 2009 5:40 am
Categorized in: Market Trends
I am going to mention this Manhattan loft contract signing while my eyes are still bulging; I will update with a clearing price when (if??) it closes and the price is available. My eyes widened -- but did not bulge -- when I saw that this awfully large l
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