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risk, revisited / I am still a coward, but the 'brave' did not sell (yet)
Posted at Manhattan Loft Guy by Sandy Mattingly
August 21st, 2009 6:20 am
Categorized in: Psychology of the market
Tagged with: demand, inventory, negotiation, plus factor, price, price drop, risk, supply
I recently had a conversation with a former shareholder in one of the Manhattan loft buildings that I visited in my March 25 lengthy rumination, am I a coward? assessing + bearing risk in a risky world, as she was curious about how her former neighbor's l
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dropping $2mm to make an un-lofty sale at 175 Sullivan Street

Posted at Manhattan Loft Guy by Sandy Mattingly
July 16th, 2009 6:58 am
Categorized in: lofts in 'other' neighborhoods
Tagged with: 2007, ceilings, contract, lehman, negotiation, neighbor, neighbors, price drop, sullivan, village
Officially, the Manhattan "loft" #4A at 175 Sullivan Street was on the market only since January 2009 ("starting" at $3.25mm) before closing on June 16 at $2.65mm -- an apparent 18% discount. But the longer listing history tells a longer, darker story....
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