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Manhattan Loft Guy

Manhattan Loft Guy

Blog by Sandy Mattingly

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

flipping on your head (ouch) in Chelsea / from 2002 to 2007, returning to 2009 ... then 2006 or earlier??

Mar. 26, 2009

Categorized in: Market Trends

Tagged with: 2002, 2003, 2007, chelsea, flip, froth, price drop, the shadow

As I said (in all those words above), this is quite an interesting timeline, encompassing Mahanttan loft markets that showed gain to froth to pain: (1) an up market (developer searching for right price in 2002-03), (2) a frothy market (quick sale in 2007

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