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on matters of interest to Manhattan coop or condo loft apartment dwellers, buyers, sellers, and others, especially about New York City real estate
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Mar. 10, 2009
Categorized in: Market Trends
There's a very mature central Tribeca coop that has been a Manhattan Loft Guy fave for its rich data, efficient layouts and roof deck, among other reasons. The new listing there caught my eye because it exemplifies the fact that $1,000/ft is not even a ba
Feb. 25, 2009
There's a good-sized Manhattan loft in a north Chelsea conversion from earlier this century that sold in August 2005 for $1.575mm. Because they thought that 2008 was not like 2005, they tried to sell about 20% above that, but that did not work. The curren
Feb. 19, 2009
Categorized in: Market Trends
Soho loft sold in 2004 for $750/ft in 2004, then for $1,000/ft in a Manhattan heartbeat in 2007 (8 weeks from listing to closing; those were the days...) while in "triple mint" condition. It is hardly prime Soho (at least for residential loft living; I he
Feb. 18, 2009
Categorized in: Market Trends
The loft is on a funky block (actually, a Manhattan Loft Guy fave), in a no-frills mature coop in which a "renovated and restored" unit sold at $1,000/ft in late 2007. But the current difficulty is not the funk, the frills or (likely) the finishes. Yes, V
Feb. 6, 2009
Categorized in: Market Trends
Remember: that last sale was at a slightly higher price-per-foot than this one started at, and sold quickly at (essentially) full ask. Need further proof that the Winter 2009 Manhattan loft market is different from the Spring 2008 market? I will keep an e
Jan. 30, 2009
Categorized in: Market Trends
While I have seen price drops of this magnitude in this market, I don't recall any with quite the trajectory of this one. This loft essentially self-nominates (and wins!) the Manhattan Loft Guy too pushy ...? thread. (In case you are wondering, the Owner
Jan. 9, 2009
Categorized in: Market Trends
There's a resale that caught my eye, a new construction Manhattan loft that was marketed in 2006 and closed in 2007. This Tribeca unit closed in the first offering at $1,100/ft after the developer dropped the price twice and then accepted an offer for ano
Jan. 7, 2009
Categorized in: Market Trends
I have been following a funky-but-spectacular (in its way) Manhattan loft and -- after noting the last price drop (and reading a little frustration between the lines of the marketing text) -- I checked on two other units in the same building also for sale
Dec. 19, 2008
Categorized in: Market Trends
There's a small Manhattan loft condo conversion from last year in which the large full-floor lofts went for about $750/ft (it is not in a traditional loft [fashionable] neighborhood). They had classic loft features and finishes that were more high-end tha
Dec. 10, 2008
Categorized in: Market Trends
When I looked at the listing history of a (rare) West Village loft new to the Manhattan loft market this week, I thought they were likely to be pushing it at around $1,350/ft, considering it had been listed 2 years ago around $1,200/ft.
Dec. 5, 2008
Sometimes those silly buyers pay very close attention to the first, or even to the second, digit in an asking price, so sellers use the 'wrong numbers' at their peril. In the case of the Manhattan loft on the 5th floor at 35 East 12 Street, everyone's job
Nov. 7, 2008
"It" is the Manhattan loft #11F at 80 Chambers Street, a 2002 conversion at the SW corner of Broadway. "It" is pretty big ("3,525 sq ft"), pretty light (36 windows, four exposures), and configured as 4 bedrooms with 3 baths. "It" was offered at $3.595mm a
Nov. 6, 2008
Categorized in: Market Trends
I saw a new Manhattan loft listing this morning in a prime loft building in a non-prime loft neighborhood that has been off the market for two years. I am not going to be more precise about which building ... but the loft was on the market for six months
Mar. 14, 2007
Categorized in: new this week
3,000 sq ft with 1.5 baths
I missed the 11th fl at 249 W 29 St when it came out the week before last. It has many appealing classic Manhattan loft features, including 4 exposures, 28 windows, cent... [Read More]
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