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Loft 14

Started by lupus1
about 17 years ago
Posts: 139
Member since: Sep 2007
Quick observation and solicit any views of this building: I have viewed this building a while back and then recently, but clearly a risky proposition given the lack of sales and specifics which cause concern: My observation relates to the developer Patrick Thompson, who indicated a short time back that he would be buying the 7th floor apartment in this building as a sign of his confidence in the... [more]
Response by jasonkyle
about 17 years ago
Posts: 891
Member since: Sep 2008

i thought this building was a disaster when i saw it. you might as well burn your money.

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Response by hurting
about 17 years ago
Posts: 109
Member since: Mar 2009

What is the reference to 333 West 14? I agree, went to this openhouse and the team seemed clueless as to what's changed since last August. I do like the central local and private elevator thought. But not at these prices.

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Response by nycer
about 17 years ago
Posts: 28
Member since: Oct 2007

Who wants to buy a million dollar apartment above a Tanning Salon's and have to listen to horrible music blasting outside all day long. I still can't get over the fact no one has complained and gotten them to stop.

135 W 14 and its neighbor were old crappy buildings that had a face lift - and a couple of floors added on. Not new construction.

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Response by jason10006
about 17 years ago
Posts: 5257
Member since: Jan 2009

what a f*** this bldg is

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Response by polydoa
about 17 years ago
Posts: 152
Member since: Feb 2009

overpriced relative to renting the same units...!

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Response by hurting
about 17 years ago
Posts: 109
Member since: Mar 2009

the tanning salon is being forced out. lots have complained. The owner seems crazy, but also the nicest looking tanning salon i've ever seen (haven't been in, but looks like a lounge or something from the outside).

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Response by lupus1
about 17 years ago
Posts: 139
Member since: Sep 2007

hurting my reference to 333 west 14th was the red bow stuck to the window outside a few weeks back. it seemed a bit too much.

have a look at 333 west 14th, the building, interiors and layouts are far superior than loft 14. And it seems like there is a lot of room for negotiation on current price.

anyone have any specifics on loft 14s developer, is this going to be added to the zombie building list ?

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Response by ieb
about 17 years ago
Posts: 355
Member since: Apr 2009

Looked at 333 W 14th and view across the steet to the church is nice, next door to comedy club, Hoestead Steakhouse really a plus, and across from Ganesvroot also excellent but the interior layout is wierd. Kitchen is pushed too far forward making living area too small and odd space across from elevator is where kitchen should be. Heating is forced hot air and very noisy. The developer is very flexible on price but not interested for reasons stated.

I'm looking for something not cookie cuter, contempory design, one floor, steam or radiant heat, price range @2-3M, any ideas?

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Response by truthskr10
almost 17 years ago
Posts: 4088
Member since: Jul 2009

Yes 333 W 14th appears to have 2 closings at 850 per foot.
And it's a good comp, you would almost think they are the same building.
I did go to an open house here at loft 14 and square footage is exagerated.
If they want to close today, $750 per advertised sq ft is apropos.

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Response by truthskr10
almost 17 years ago
Posts: 4088
Member since: Jul 2009

And it appears both buyers had to put 40% down

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Response by truthskr10
almost 17 years ago
Posts: 4088
Member since: Jul 2009

So after months of pimped out open houses and no closings...when is this developer ready to lower the asks so those who would even consider buying on this block put forth an offer without being embarassed of the gap?

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Response by truthskr10
over 16 years ago
Posts: 4088
Member since: Jul 2009

So is unit 8 in this building closed or not.
It shows in the recorded sale column 2,000,000 on 8/17/09 yet Acris shows no deed transfer or even any activity since '08.
Coming up on 30 days Acris should be updated if this indeed did close.

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Response by NWT
over 16 years ago
Posts: 6643
Member since: Sep 2008

ACRIS is showing it now. Block 709, lot 1308, filed 9/3 for $2M.

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Response by truthskr10
over 16 years ago
Posts: 4088
Member since: Jul 2009

Thank you NWT

Im having trouble calling it up. I'm getting "BBL not found"

and the address search gives me;
block 00790
lot 0016

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Response by NWT
over 16 years ago
Posts: 6643
Member since: Sep 2008

0016 is probably the original lot, before condo lots took effect.

ACRIS has trouble finding odd apt numbers, like "RES 8", so best go right to block 709, lot 1308.

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Response by truthskr10
over 16 years ago
Posts: 4088
Member since: Jul 2009

Ok it worked for me under block 00790 1308, not 709 or 00709.

Thanks again NWT.

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