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did 525 Broome Street get value for the 2008 renovation?

August 25th, 2009 6:30 am
Categorized in: Loft neighborhoods / SoHo
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

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