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Manhattan Loft Guy

May. 10, 2007 - 116 W 29 St still not “magnificent” -- but in contract!

 
I was particularly … intrigued by the listing for the 8th floor at 116 West 29th Street back in December because I saw it virtually in tandem with another loft also described as “magnificent”, also about 3,000 square feet, also listed around $2.7mm. And I definitely did not find much that struck my eye as “magnificent” about 116 W 29. In fact, in smackdown at 3,000+ sq ft + $2.7mm / 118 E 25 vs. 116 W 29 I said that:
 
It gives the impression of having been renovated 25 years ago to suit the living and work needs of someone in the arts world, and has hardly been touched since then.
 
Then I was … perplexed when – after being on the market from October through March - they raised the price to $2.8mm.
 
No matter what I think, it went into contract this week. As usual – but especially when the market may have fooled me – I am very curious about the contract price. Congrats to Lori McNichol at PruDE for bringing the bacon (almost) home.
 
© Sandy Mattingly 2007
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