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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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RE: does not compute / 2007 + 10% = no sale?
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RE: 497 Greenwich Street sale was off a low ball?
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Manhattan Loft Guy

155 Franklin Street crashes past 2006 to close up 28% (since 2000)

Aug. 5, 2009
The Manhattan loft #3S at 155 Franklin Street (the Sugar Loaf) was one of only five lofts in Tribeca that closed in June, per recent articles in The Real Deal Trouble in Tribeca. For a seller who started so far from The Market in October, these folks caug

biting a big bullet in little pieces / 9 Murray closes off 40%

Jun. 22, 2009
The Manhattan loft 5SE at 9 Murray Street was presented to the market in August 2008 (just before Lehman) with grand ambitions and evident motivation: starting at $1.9mm on August 16, 2008; dropped to $1.8mm in five weeks (and to $1,799,999 -- just for fu

into the melting pot (with a grain of salt?)

Nov. 8, 2008
in 2006, the racial/ethnic ... background of the 8,214,426 estimated residents of New York City were (1) "White" 34.5%, (2) Hispanic/Latino 27.9%, (3) Black/African American 23.8%, and (4) Asian 11.5%. In other words, we are (and have been for a while) a

9 Murray Street #8W closes at just over $1,000/month / neighbor does faster (is higher better??)

Aug. 6, 2008
It is not often that I can talk about a Manhattan loft sale in terms of dollars per month, but this one at 9 Murray Street is just too good to pass up. The bonus angle is that a next door neighbor had a very different experience, closing a week earlier, p