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

is Chelsea Mercantile off 25% since 2007?

May. 5, 2009

Categorized in: Loft neighborhoods / Chelsea

Tagged with: 2007, chelsea mercantile, onyx, royale, seventh, stratus, west 23, west 24, west 28

I have long believed that the Chelsea Mercantile conversion of the old Veteran's Administration building into residential lofts on Seventh Avenue at 24th and 25th Streets 'created' a new market for (lower) 'north Chelsea'. (From back in the day, when I ta

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5 Sunday Open Houses at $1.995mm

Nov. 16, 2007

Categorized in: open houses

Tagged with: chelsea mercantile, east 10, east 29, renovation, roof, seventh avenue, west 19, west 24

Sunday open houses at 5 Manhattan lofts offered for $1.995mm at 200 West 24 Street, 252 Seventh Avenue, 444 West 19 Street, 430 East 10 Street and 120 East 29 Street.

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open house review / featuring Flatiron, with some Chelsea choices

Sep. 14, 2007

Categorized in: open houses

Tagged with: broadway, chelsea mercantile, east 20, east 21, gilsey, seventh, west 17, west 19

(remember to check the agent websites Sunday morning to see if open house is still on) 49 E 21 St #4A $1.89mm and $1,709/mo (condo) for "1,375 sq ft" in the former UFT building new to market Labor... [Read More]

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new at 150 W 26 / one of the Merc's children

Aug. 21, 2007

Categorized in: Loft neighborhoods / Chelsea

Tagged with: chelsea mercantile, halstead

I have long felt that the Manhattan loft market around 7th Avenue above 23rd Street took off because the Chelsea Mercantile was such a success and such a break-through. The Merc put this area on the mental map for loft buyers, many of whom came from uptown and would not have gone all the way downtown to SoHo or Tribeca when the Merc was being sold in 2000. Which is along way to introduce Unit 803 at 150 West 26 Street, new to the market this weekend through Halstead’s Jon Phillips and Ginny Gardiner.

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Chelsea's Merc merchandise / 5 open houses

Mar. 30, 2007

Categorized in: open houses

Tagged with: cass gilbert, chelsea atelier, chelsea mercantile, chelsea royale

The Chelsea Mercantile building at 252 Seventh Avenue is the project that – in my opinion – created a market for high-end apartments above West 23rd Street that had not existed before this huge former Veterans Administration office building was converted to residential lofts seven years ago. Without the Chelsea Merc there would be no Chelsea Atelier across the street at 245 Seventh Av (2001), no Chelsea Royale across the street at 200 W 24 St (2005), and none of the other condo developments nearby as well.

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