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Manhattan Loft Guy

Jul. 16, 2007 - 28 W 38 St broker/owner in contract

 
top price, terrific loft
Jim Grica at BHS just got a signed contract on his loft at 28 W 38 St, Unit 3W, which had been on the market since April at $1.795mm ($1,943/mo maintenance) for “2,00 sq ft” that Is not only “the ultimate in authentic loft living”, but “sexy [and] beyond triple mint”. (I assume he gets similarly excited for other people’s lofts.)
 
This Long-and-Narrow has three front and three rear windows and two west windows, and is 23 feet wide. Plumbing runs along the middle wall of the two-units-per-floor building, with neither bathroom being en suite. It does look like very high quality work throughout, and priced accordingly.
 
#8E (also “2,000 sq ft”) sold in January (can’t find a sold price, but it was last offered for $1.395mm) in a condition with a lot of “potential”. It had been on the market since March 2006 (starting at $1.695mm), and took two firms and four prices to sell.
 
#2E sold in May (curiously, “1,980 sq ft”) for $1.355mm in a pretty refined condition, but with a layout that was somewhat limiting (one bedroom, one bath, lofted den). That had been offered only since January (at $1.365mm).
 
location, location, location
Interesting location, kind of betwixt and between. Near lots of things, but of no neighborhood. Gritty commercial block, to say the least.
 
© Sandy Mattingly 2007
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Jul. 21, 2007 - re: 28 W 38 St broker/owner in contract

Posted by LoftLover
I saw this place and it is one of the most gorgeous places I have ever seen! Very very well done - excellent chef's kitchen and great living room (which comes with the large Sony TV). It used to be owned by Anderson Cooper who probably spent a good amount on a good interior decorator. It had the option of being sold with the furniture. My problem was the floorplan (not what I was looking for) and the location - I did not see myself living in that location. I had a feeling that it would not stay on the market for long.
It looks like a broker purchased it from Anderson Cooper and put it on the market - just a speculation based on my husband's research.
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Jul. 23, 2007 - re: 28 W 38 St broker/owner in contract

Posted by Sandy Mattingly
I noticed the Anderson Cooper connection when I researched the past building sales, but I don’t think this is the Anderson Cooper loft in the building, since he also owned a penthouse unit there. It looks as though Cooper lived in #12W, which he purchased in March 2005 for 2.48mm. Perhaps he remained in #3W while doing to renovation work on #12W; when that was done he sold #3W to the agent/owner in January 2006…..
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