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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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May. 8, 2009
The Manhattan loft #4-I at 260 Park Avenue South sold in March $2,000 lower than these sellers paid in July 2006.
May. 1, 2009
The Tribeca Summit at 415 Greenwich Street is a candidate for poster boy for bi-polar psychosis (an armchair diagnosis). The Manhattan loft deluxe condo conversion of a warehouse has been marketing since Summer 2006, at a time when the arms race among hi
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
Dec. 30, 2008
How's this for a quick sale? The Manhattan loft #3B at 139 Reade Street came to market on September 28 at $2.875mm and found a contract within six weeks, then closed in another 4 weeks. In any market it could be considered quick work to bank your cash 11
Dec. 21, 2008
The December 2007 sale of #3AB at $1,100/ft provides some hope to this seller of #3CDE, trying to sell a (nearly) "unique" Manhattan loft in a non-loft neighborhood. Any buyer will want to beat him up about the difference in The Market from one December t
May. 17, 2008
value of doorman in Manhattan loft
Feb. 18, 2008
These two new Manhattan loft listings could hardly be closer to each other. The units [at 15 West 20 Street and 9 West 20 Street] are nearly the same size, with very similar layouts. Neither brags about light or views. But the dollar differences are rathe
Jan. 29, 2008
Categorized in: One Bed Wonders
Manhattan loft 448 Greenwich Street 5th floor has been on the market since June, staring at $2.05mm but holding at $1.995mm since September. Said to be “1,300 sq ft”, it is not quite big enough to be a One Bed Wonder, though it is suitable only for a
Jan. 25, 2008
Categorized in: open houses
Here are three Sunday loft open houses at the same price in very different Manhattan neighborhoods, at sizes ranging from almost 2,400 sq ft to just over 1,600 sq ft, all with fairly deluxe finishes, all in new developments. One has a huge wrap terrace, o
Jan. 25, 2008
All in, Manhattan loft 468 West Broadway #5G at $3mm provides much more space than yesterday’s River Lofts feature, with a lower level of finishes and (comparably) no amenities. Compared to the closed sales in the same building, #5G has slightly more sp
Aug. 14, 2007
who’d a thuhnk it?
Unit R-6B at 120 East 87 Street is a new Manhattan (little) loft listing today, really. (It surprised me, too.) The numbers are impressive for a Downtown Lofts snob: askin... [Read More]
Jul. 17, 2007
scaling down amenities + dollars
Funny how journalism works, when two items can make a trend.
The Real Deal ran a short piece last week about who some developers are scaling back some services... [Read More]
Nov. 6, 2006
There is likely to be generational conflict in Manhattan loft buildings between long-time owners who paid little (and may expect little) and recent purchasers who paid top dollar (and may expect more expensive amenities and finishes).
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