Manhattan Loft Guy

New York, New York

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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Manhattan Loft Guy

161 Hudson Street closed after 14 weeks, up 33% (since 2004)

Aug. 17, 2009

Categorized in: Loft neighborhoods / Tribeca

Tagged with: 1000ft, 1100ft, 2004, 2007, club, hudson, music, wetlands

The Manhattan loft #2B at 161 Hudson Street had a pretty good run through the 2009 market, starting at $2.7mm in March, dropping twice in April (to $2.5mm) and closing June 30 at $2.41mm. That quick history shows that they really wanted to sell, and had a

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bidding war erupts VERY late, as 49 Warren St gut job closes

Aug. 10, 2009

Categorized in: renovation opportunities + rewards

Tagged with: 1100ft, 2005, bidding war, gut, renovation, warren

This one is weird.... I began this post in my mind with a headline like "pricing it VERY right at 49 Warren Street" because the StreetEasy listing associated with the closed sale of this loft on July 29 begins on June 6 at $1.3mm, with an apparent contrac

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can an address provide enough oomph?

Apr. 2, 2009

Categorized in: pricing analysis

Tagged with: 1000ft, 1100ft, 2008, lehman, plus factor, price, risk, village

One of the risks of pricing a Manhattan loft above The Market, of course, is that no one will visit, let alone bid, because there are alternatives that start at lower-prices. But what if the building has a strong history? Can a building be enough of a dra

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chasing a dream or waking up from a bad dream, as they chase The Market down

Mar. 15, 2009

Categorized in: Market Trends

Tagged with: 1100ft, 1300ft, 2007, flip, price drop

There's a new-ish listing in an architecturally significant Manhattan loft conversion from this century that hit numerous Manhattan Loft Guy buttons: it is (another) one of those eight million stories; it was definitely too pushy; it is now priced signifi

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