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: coop boards behaving badly / can you imagine?
Do you think board members, who have their apartme...
RE: new at 17 White / mezzanine + proper names in a Tribeca enclave
Some great lofts and former warehouses listed. Tha...
kewin
Hi................. Hay I'm proud of you..........
RE: paralyzed by history? another buyer dilemma
I enjoy following your blog.  The Bend Oregon...
RE: Manhattan apartment prices / more like Tom Cruise than a truck
My guess is that real estate prices in Houston &nd...

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Manhattan Loft Guy

lux diversion / Time Warner or 165 Charles as better "investment"?

Jul. 31, 2008
Categorized in: pricing analysis
Braden Keil's Gimme Shelter grab bag in today's NY Post (hat tip to Curbed for pointing it out) mentions two celebrity Manhattan real estate transactions that caught me eye, though neither involves a real loft. (One won't worry much about capital gains; t

Mothra v. Godzilla, or the epic battle over Manhattan sales volume reports

Apr. 14, 2008
Categorized in: Market Data - reports
More on the difference between reported sales volume in different first quarter Manhattan residential real estate market reports, now at the level of a true dispute, complete with trash-talking.

"one of the finest and most honest broker-bloggers ...

Apr. 12, 2008
Categorized in: In the news (me)
Tagged with: curbed, ethics, mlg, rebny
"one of the finest and most honest broker-bloggers the NYC real estate industry has produced to date" (blushing). I did not say that (nor anyone in my family); Curbed did in yesterday's Silence of the Bloggers: Manhattan Loft Guy Muzzled. (More blushing.)

Q1 Manhattan market reports highlight high prices + major caveats

Apr. 11, 2008
Categorized in: Market Data - reports
3 major reports on the Manhattan residential sales market in the first quarter of 2008 trended similarly on price (up, or way up) but not on volume. Worse, they use such different numbers as to confound any reasonable person.

... 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]

creeping Manhattan inventory a feint or more creepy?

Mar. 25, 2008
Categorized in: Market Trends
Over at Matrix, Jonathan Miller links to a chart he did for Crain’s New York Business showing that the number of coops and condos available for sale in Manhattan has gone up 15% from the end of December to the end of February, though still at relative h

seasonality of Manhattan inventory, not so much

Mar. 18, 2008
Categorized in: Market Data - reports
Does Manhattan coop and condo inventory follow calendar patterns? Not so much....

conflicted about new loft at 20 N. Moore Street [CAUTION: conflict alert]

Mar. 8, 2008
#8E at 20 N. Moore Street is pretty new to the market (week before last), asking $3.45mm and $1,700/mo for "2,400 sq ft". I'd have blogged about it last week BUT it is my listing and I wanted to make sure that the sellers were comfortable with me doing a

the horror of more bars in Tribeca / setback for Buster’s team

Jan. 16, 2008
The full Community Board voted unanimously to rescind their prior approval and (with one abstention) unanimously to oppose the application [for a liquor license at 25 North Moore Street in Tribeca].

update on Buster’s at 25 N. Moore / farts + frats in Tribeca bar war

Jan. 10, 2008
The requirement that the State Liquor Authority determine what is in the public interest if there are already 3 licensees within 500 feet means they have to consider this standard in many, many Manhattan loft neighborhoods. ... I have no idea what the leg

48 Great Jones goes to drama school / major price drop

Nov. 6, 2007
Categorized in: loft neighborhoods / NoHo
I blogged about the Manhattan loft for sale on the 2d floor at 48 Great Jones Street when it got the Curbed treatment back in August. The [e-flyer] headline was “significant” price reduction. Tom Cooper at Sotheby’s did not lie.

REBNY's paltry portal launches Friday (yawn)

Sep. 25, 2007
It will have taken nearly a year for the Real Estate Board of New York (REBNY) to bring out its public portal for searching exclusive Manhattan rental and sales listings by the time this thing is introduced on Friday. (THX to Curbed for the reference to The Real Deal’s article yesterday.)
 
I am not going to go through the entire sordid history here (as I did on May 18 portal potted / REBNY website to limp out in September). Suffice it to say that The Real Deal's report that Bellmarc is not participating seems a bit like beating a dead horse.

open house nuggets / the short (very) Grand tour

Sep. 8, 2007
Categorized in: Loft neighborhoods / SoHo
(remember to check the agent websites Sunday morning to see if open house is still on) I blogged about two Grand Street 6th floor units when they were both new to the market about six weeks ago (2... [Read More]

whole floor at 48 Great Jones gets the Curbed treatment

Aug. 23, 2007
Categorized in: loft neighborhoods / NoHo
Tagged with: curbed, great jones, noho, renovation
lofty loft or lofty loft price? Curbed asked yesterday if the 2d floor at 48 Great Jones Street was On the Market: Noho's Loftiest Loft?, and managed to get a rise out of its readership (of course... [Read More]

super-sized for super-heroes at 35 W 23

Aug. 7, 2007
Tagged with: curbed, library, space, west 23, zapata
mortals might like all the space, too The 4th floor of 35 W 23 Street caught my eye yesterday as it came back from a few days off the market. First, because there is a ton of spac... [Read More]

more Open Houses, with warnings, Sunday July 15

Jul. 13, 2007
Categorized in: open houses
(remember to check listings Sunday to make sure the open house is still on) 106 Spring St #5S $2.49mm ($1,875/mo) for “2,200 sq ft” in the heart of Soho We’ve covered this o... [Read More]

fascinating new listing at 106 Spring low maintenance and cash back

Mar. 7, 2007
Categorized in: new this week
Unit 5S at 106 Spring Street sounds like a terrific loft, and is new as of Monday in our system. 2,200 sq ft in pretty much beautiful downtown SoHo offered for $2.65mm. The maintenance of $1,875 is... [Read More]

IRS rules for coops beware the 80/20 rule

Jan. 16, 2007
Categorized in: economic "analysis"
what does happen if a “coop” has too much income? I did a post in early December about pricing at 55 Greene St that got picked up on Curbed.com (On the Proper Pricing of Manhattan Apar... [Read More]

happy condos to all, and to all a good night

Dec. 24, 2006
Tagged with: 14 lofts, crazy fingers, curbed
Nice holiday greetings from Crazy Fingers (THX to Curbed for the head’s up and to Crazy Fingers for the photo), with the photo of (what looks like) the construction elevator at 14 Condos (133 W... [Read More]

rebels in REBNY may repel web listing portal

Nov. 27, 2006
who at REBNY wants this thing, and why? I blogged about the Nov 1 announcement by the Real Estate Board of New York about plans in the Spring to establish an internet portal for REBNY-member firm... [Read More]
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