Welcome to the New RealTown! Submit Feedback
Member Login | Join RealTown
The Real Estate Network

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

Subscribe

Your E-mail Address:
Subscribe to:

Recent Comments

paul smith shoes
We know paul smith is a very good world Brand .the...
paul smith shoes
We know paul smith is a very good world Brand .the...
paul smith shoes
We know paul smith is a very good world Brand .the...
paul smith shoes
We know paul smith is a very good world Brand .the...
paul smith shoes
We know paul smith is a very good world Brand .the...

Site Feed

RSS Feed

Manhattan Loft Guy

loft developer in default at 654 Broadway

Sep. 15, 2009
Categorized in: loft neighborhoods / NoHo
Not a pretty story reported in The Real Deal (last Friday, on line) about a Manhattan loft developer default, CIT Group sues for $12M at Noho condo site. I don't have a lot of any experience running numbers on a development project, but this seems like it

876 Broadway comes + goes QUICKLY / knowing what you can get, and getting all of it

Sep. 2, 2009
This "2,500 sq ft" loft on Broadway between 18th and 19th Streets has serious old-school Manhattan loft charm: pine columns, 14 ft ceilings, wainscoting (check the pix for the size of the windows!). These sellers include an architect and they have owned

4 months to close, 4 years to zero out at 260 West Broadway

Jun. 5, 2009
The Manhattan loft #5G at 260 West Broadway (the American Thread Building) slid through The Market this year, starting on January 8 and finishing on May 6. (Not as fast as the ten week close at 155 Hudson Street that I hit on May 28, but almost as quick a

644 Broadway loved that first bidder: sells within 15 weeks, contract in 6, 1 price, 14% discount

May. 29, 2009
Categorized in: Psychology of the market
Agents often tell sellers "your first buyer may be your best" -- I certainly have told Manhattan loft sellers that. It is one of those pieces of accepted wisdom (at least among agents) that seems to me both valid and impossible to prove. (We are never lik

price of 'museum quality' in Noho = $1,000/ft / 644 Broadway closes quickly

Apr. 27, 2009
Categorized in: loft neighborhoods / NoHo
In the (entirely fictional) Manual of Style for real estate agents, the phrase "museum quality" is used because (I guess) "quadruple mint" just does not zing. (The fact that few people actually want to live in a museum may mean it is used ironically, but

99 cent pricing on eBay leads to $400/ft under-pricing by FSBO loft seller in Noho

Feb. 12, 2009
I came across a FSBO loft listing on NYTimes.com this week for 718 Broadway #6B, which at that time was asking a rather conventional $1.295mm for about "1,400 sq ft". It caught my eye because FSBO lofts in Manhattan remain quite rare.

the worm turns, as West Broadway now wishes it were more popular

Feb. 5, 2009
Categorized in: change is a constant
I get it that some people find West Broadway in Soho circa 2008 charming, but that sentence made me laugh, ruefully. Back in the day (late 1970s, early 1980s) local residents and businesses liked being a ghost town (or even earlier, of course, before St.

176 Broadway has a closing 40% off the original price

Dec. 9, 2008
The Manhattan loft Penthouse E at 176 Broadway took ten months but it did close; it also took three price drops from $1.425mm down to $945k, to finally get it done at $850k. Happy New Year (early) for that patient, humbled seller.

716 Broadway closes after (count 'em) 126 weeks

Nov. 13, 2008
Categorized in: loft neighborhoods / NoHo
The Manhattan loft on the 2d floor at 716 Broadway boasts of many things: views of Washington Square Park, 13 foot ceilings, "huge" private terrace, and mahogany woodwork. They may not be bragging about having taken 126 weeks to sell, but perhaps they sho

80 Chambers Street flies off the shelf at $1,000/ft

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

one sobering data point / 684 Broadway loft sells slowly, reluctantly

Sep. 24, 2008
Categorized in: Market Trends
About the sale of #7E at 684 Broadway: Based on this one data point, the very-local-to-Broadway-at-Great-Jones-Manhattan-loft-micro-market looks to be flat or worse, year-over-year.

another Broadway odyssey / 710 Broadway (finally) closes

Jun. 17, 2008
When I hit the Manhattan loft on the 2d floor at 710 Broadway in January, it was in its toddler stage, having passed its listing-birthday in December (Jan 9, 710 Broadway is slimmer after holiday break). Property Shark (but not StreetEasy) reveals the inf

O - d - y - s - s - e - y ends at 714 Broadway with 4th floor closing

Apr. 30, 2008
In the entire long history of 714 Broadway #4 it is surprising that I have only hit it once before February, in a Manhattan loft open house review on October 26

if at first ... 543 Broadway back with fewer dollars

Mar. 31, 2008
Categorized in: Loft neighborhoods / SoHo
The 4th floor at 543 Broadway has a long sales history and -- as of today -- a new firm and price. Shawn Felker and Denise Joseph of PruDE are now marketing this "classic Soho loft!!" of "2,200+ sq ft" for $1.995mm. I hit it in its last round of marketing

drip drip / price drops at 124 Hudson + 684 Broadway to and from $3.05mm

Mar. 19, 2008
Categorized in: pricing analysis
Tagged with: broadway, hudson, price drops
I have removed the content of this blog post, as it comments about the current listing of another agent. For information about why, check out end of an era for Manhattan Loft Guy / a new day dawns?... [Read More]

price drops at 684 Broadway, 49 Warren, 249 Church

Feb. 16, 2008
Categorized in: pricing analysis
Tagged with: broadway, church, price drop, warren
I have removed the content of this blog post, as it comments about the current listing of another agent. For information about why, check out end of an era for Manhattan Loft Guy / a new day dawns? fr... [Read More]

long time comin’ / contract at 714 Broadway

Feb. 12, 2008
Categorized in: loft neighborhoods / NoHo
Tagged with: broadway, comps, contract, kitchen, views
I have removed the content of this blog post, as it comments about the current listing of another agent. For information about why, check out end of an era for Manhattan Loft Guy / a new day dawns? fr... [Read More]

open houses at recent posts / 718 Broadway, 468 West Broadway, 416 Greenwich Street, 133 Mercer Street

Feb. 1, 2008
Categorized in: open houses
There are Sunday open houses at 4 Manhattan lofts that I have touched on in the last week or so, at 718 Broadway, 468 West Broadway, 416 Greenwich Street, 133 Mercer Street

718 Broadway in the news again / #10C is back, beefier

Jan. 30, 2008
Categorized in: loft neighborhoods / NoHo
Manhattan loft 718 Broadway #10C showed up as a new listing yesterday, asking $1.295mm ... for “1,400 sq ft” of “real NoHo loft with sunlight, dramatic city views, and 12 foot ceilings”. This unit and this building both have some history. In fact,

duel at $1.995mm / open houses at 808 Broadway, 55 West 22 Street, 116 West 14 Street

Jan. 19, 2008
Categorized in: open houses
Manhattan loft Sunday open houses at 116 West 14 Street, 808 Broadway and 55 West 22 Street