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August 30th, 2009 2:40 pm
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
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August 29th, 2009 11:32 am
Categorized in: pricing analysis
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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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
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August 25th, 2009 6:30 am
Of course The Market does not care what a seller has to pay, or has paid; The Market only cares about what the seller and buyer can agree upon. In this case, the July 31, 2009 buyer of a renovated loft and the June 19, 2008 buyer of a blank canvas agreed
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August 21st, 2009 6:20 am
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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August 15th, 2009 5:50 pm
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
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August 5th, 2009 6:52 am
The Manhattan loft #3S at 155 Franklin Street (the Sugar Loaf) was one of only five lofts in Tribeca that closed in June, per recent articles in The Real Deal Trouble in Tribeca. For a seller who started so far from The Market in October, these folks caug
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August 4th, 2009 11:32 am
Speaking of lovely Manhattan lofts (as we were last week, July 31, why isn't a Tribeca premium renovation worth at least 250/ft?) with pricing difficulties (as we were yesterday, ditto), there's a new firm and a price on a loft to root for: this baby just
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August 2nd, 2009 6:44 pm
ice
The Manhattan loft #7A at 105 Fifth Avenue closed on July 22 at $1.125mm, only a 4% discount from the (last) asking price of $1.175mm, proving that if you drop the asking price enough you don't have to discount very much to make a deal. (File this un
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