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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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Manhattan Loft Guy

did 525 Broome Street get value for the 2008 renovation?

Aug. 25, 2009
Categorized in: Loft neighborhoods / SoHo
Of course The Market does not care what a seller has to pay, or has paid; The Market only cares about what the seller and buyer can agree upon. In this case, the July 31, 2009 buyer of a renovated loft and the June 19, 2008 buyer of a blank canvas agreed

4 years = $15,000 at 477 Broome Street

May. 27, 2009
Categorized in: Loft neighborhoods / SoHo
The Manhattan loft #33 at 477 Broome Street recently delivered a new data point, with history: April 12, 2005 = $950k April 29, 2009 = $965k This history nearly precisely parallels the 2006-2009 history of a loft profiled a few weeks ago (May 8, at 2

gutting Broome Street for $160/ft

Mar. 20, 2009
Yesterday's New York Times On Location Home & Garden feature Bringing Light to a New York Loft profiled a Broome Street total renovation ("gutted to its floor joists and beams and totally rebuilt -- with plumbing, electricity and other systems"). The loft

2 tiny drops / 354 Broome Street #5G closes down 12%

Nov. 12, 2008
Categorized in: Loft neighborhoods / SoHo
This one is interesting from a negotiating perspective. The Manhattan loft at 354 Broome Street #5G closed (deed filed September 24, but the clearing price was unknown for a while; it was $1.85mm) after having been on the market since January. They starte

... 3 (more) french hens ... 2 (more) price drops (477 Broome + 28 West 38 St)

Apr. 3, 2008
Categorized in: pricing analysis
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 drop trumps patience at 525 Broome, 9 months to contract

Mar. 24, 2008
Categorized in: Loft neighborhoods / SoHo
I hit 525 Broome Street #3 in a Manhattan loft open house review November 16 (5 Sunday Open Houses around $2.5mm ), noting that the "patient seller" had not changed the price since July.

open houses in the 3s

Mar. 14, 2008
Categorized in: open houses
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]

sweeping the new at 477 Broome + 458 Broome + 354 Broome Street

Feb. 2, 2008
Categorized in: Loft neighborhoods / SoHo
There are 3 new Manhattan loft listings on Broome Street, from Greene to Elizabeth, 2 at $3.495mm (coincidence?), 1 at $2.2mm. Two feature multi-level space; two feature outdoor space; two feature three mints worth of renovation.

5 Sunday Open Houses around $2.5mm

Nov. 16, 2007
Categorized in: open houses
Sunday open houses at Manhattan lofts for sale around $2.5mm at 13 Jay Street, 714 Broadway, 158 West 23 Street, 525 Broome Street, 93 Mercer Street

open house review / 4 new lofts from 4 to 2.8

Sep. 22, 2007
Categorized in: open houses
(remember to check the agent websites Sunday morning to see if open house is still on) 439 Lafayette 4th floor $4mm and $2,554/mo for :3,500 sq ft" that is a little shy (the description notes that... [Read More]

motivated sellers do Holiday open houses

Aug. 31, 2007
Categorized in: open houses
(remember to check the agent websites Sunday morning to see if open house is still on) None of the Manhattan lofts reviewed for last weekend are having open houses this Sunday (not surprisingly) (... [Read More]

Sunday Open Houses over $2.5mm / more surf, more turf

Aug. 17, 2007
Categorized in: open houses
(remember to check the agent websites Sunday morning to see if open house is still on) Four out of five Manhattan lofts from last week’s surf-and-turf selection (open house Sunday smorgas... [Read More]

open house Sunday smorgasbord / the chateaubriand set

Aug. 10, 2007
Categorized in: open houses
(remember to check the agent websites Sunday morning to see if open house is still on) 11 Vestry #PH $4.6mm and $2,685/mo (condo) for 3,300 triplexed space w 2 terraces (one 750 sq ft) On the... [Read More]