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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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Porter House loft may be "beyond the beyond" but sells off a million, up 40% or down 25%
Posted at Manhattan Loft Guy by Sandy Mattingly
August 16th, 2009 10:19 am
Categorized in: Loft neighborhoods / Chelsea
Tagged with: 2003, 2006, 2007, cantilever, competition, meatpacking, neighbor, neighbors, ninth, porter
The Manhattan loft #3W at 66 Ninth Avenue (The Porter House) was marketed very enthusiastically at prices The Market was not ready for. It cleared on June 23 at $2.15mm, which is a difficult number to put in context. In the context of neighborly competiti
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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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