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Manhattan Loft Guy

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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

at 65 West 13 Street, 3 years = off $20,000, but last year ...?

Jun. 3, 2009
Categorized in: Market Trends
If you drew a line between the fair market value of the Manhattan loft #8D at 65 West 13 Street (The Greenwich Condominium) from the sale in May 2006 at $2.22mm and the sale in April 2009 at $2.2mm, the line would be essentially straight. But that straigh

new Manhattan loft listings + closed sales in last 7 days

May. 11, 2009
Categorized in: Market Data - reports
There were 21 Manhattan lofts reported as new to the market in the last 7 days and only 9 as sold; 11 of the 21 new ones are offered below $2mm, while 4 of the 9 sales were offered between $1mm and $2mm; 5 of the 21 new loft listings are in new developmen

pretty efficient (depressed) market at 505 Greenwich Street as both 6F and 7F sell, off 25%

May. 6, 2009
Categorized in: Market Trends
Here's another take on the theme of my neighborly competition thread: two all-but-identical Manhattan lofts at 505 Greenwich Street had overlapping marketing histories, prices and success, suggesting that even in this thin market The Market can be relativ

Saturday diversion / Tamarind in Tribeca

May. 2, 2009
nothing to do with Manhattan lofts, per se If you like Indian food as much as I do, you've probably been to Salaam Bombay at 319 Greenwich Street in Tribeca and to Tamarind at 41 East 22 Street in Flatiron. And you will be pleased to know that Tamarind i

bringing low balls and a hard nose / developer trying to close out at 415 Greenwich

May. 1, 2009
The Tribeca Summit at 415 Greenwich Street is a candidate for poster boy for bi-polar psychosis (an armchair diagnosis). The Manhattan loft deluxe condo conversion of a warehouse has been marketing since Summer 2006, at a time when the arms race among hi

497 Greenwich Street sale was off a low ball?

Apr. 29, 2009
Categorized in: Loft neighborhoods / SoHo
The Manhattan loft #7A at 497 Greenwich Street closed on April 16, just less than a month after going to contract. Not many Manhattan residential real estate agents make Page Six (I hope), but that august source seems to think this sale happened after a l

new Manhattan loft listings + closed sales in last 7 days

Apr. 27, 2009
Categorized in: Market Data - reports
There were 18 Manhattan lofts reported as new to the market in the last 7 days and 10 as sold; 10 of the 18 new ones are offered between $1mm and $2mm, while the 10 sales were offered between $1.125mm and $3.25mm; only 2 of the 18 new loft listings are in

new Manhattan loft listings + closed sales in last 7 days

Apr. 20, 2009
Categorized in: Market Data - reports
Tagged with: greenwich, summit
There were 22 Manhattan lofts reported as new to the market in the last 7 days and only 3 as sold; 17 of the 22 new ones are offered below $2mm, while the 3 sales were offered between $2mm and $5mm; only 1 of the 22 new loft listings is in new development

new Manhattan loft listings + closed sales in last 7 days

Mar. 2, 2009
Categorized in: Market Data - reports
There were 21 Manhattan lofts reported as new to the market in the last 7 days and only 9 as sold (after previous weeks of 7, 3, 7, 14 and zip); 15 of the 21 new ones are offered between $1mm and $4mm, while all of the 9 sales were offered below $3mm (the

new Manhattan loft listings + closed sales in last 7 days

Feb. 23, 2009
Categorized in: Market Data - reports
There were only 9 Manhattan lofts reported as new to the market in the last 7 days and only 7 as sold (after previous weeks of 3, 7, 14 and zip); 6 of the 9 new ones are offered between $1mm and $4mm, while all of the 7 sales were offered below $3mm; only

321 Greenwich closes at 5% premium over 2006 price

Feb. 20, 2009
Categorized in: Market Trends
I see that I am becoming somewhat fixated on the calendar -- in how This Year's Market compares to some prior year's market conditions. I am probably not alone in that regard. Maybe this should be called the What Year Is It? Manhattan Loft Guy thread....

new Manhattan loft listings + closed sales in last 7 days

Feb. 9, 2009
Categorized in: Market Data - reports
There were 25 Manhattan lofts reported as new to the market in the last 7 days and only 7 as sold (after last week's 14 and the previous week's shut out); 16 of the 25 new ones are offered between $1mm and $3mm, while 3 of the 7 sales were offered between

was the 708 Greenwich seller a yogi? the buyer was inflexible

Dec. 17, 2008
When I first looked at the listing history for the Manhattan loft #4F at 708 Greenwich Street (a rare West Village loft), I wondered if they had picked the right year in which to offer it for sale at $2.35mm, with it last changing hands in 2004 off an ask

new Manhattan loft listings + closed sales in last 7 days

Nov. 16, 2008
Categorized in: Market Data - reports
There were (again) 26 Manhattan lofts reported as new to the market in the last 7 days and only 16 as sold; 13 of the 26 new ones are offered between $1mm and $3mm, while 8 of the 16 closed sales were below $2mm; 5 of the 26 new loft listings are in new d

new Manhattan loft listings + closed sales in last 7 days

Nov. 9, 2008
Categorized in: Market Data - reports
There were 26 Manhattan lofts reported as new to the market in the last 7 days and only 10 as sold; 16 of the 26 new ones are offered between $1mm and $3mm, while 7 of the 23 closed sales were between $1mm and $3mm; 3 of the 26 new loft listings are in ne

new Manhattan loft listings + closed sales in last 7 days This is my fifty-first report on the number, price distribution and neighborhood distribution for Manhattan lofts reported as new to the market or as closed sales in the last 7 days. The s

Oct. 19, 2008
Categorized in: Market Data - reports
There were only 23 Manhattan lofts reported as new to the market in the last 7 days and only 9 as sold -- the slowest action in a long time and nearly all in resales; 20 of the 23 new ones are offered below $3mm, while 7 of the 9 closed sales were between

new Manhattan loft listings + closed sales in last 7 days

Oct. 6, 2008
Categorized in: Market Data - reports
There were 39 Manhattan lofts reported as new to the market in the last 7 days and 21 as sold -- with most of the action in resales; 26 of the 39 new ones are offered below $3mm, while 17 of the 21 closed sales were below $3mm; only 3 of the 39 new loft l

new Manhattan loft listings + closed sales in last 7 days

Sep. 22, 2008
Categorized in: Market Data - reports
There were 49 Manhattan lofts reported as new to the market in the last 7 days and 26 as sold -- another active week on the listing side; 32 of the 49 new ones are offered between $1mm and $3mm, while 20 of the 26 closed sales were below $2mm; 18 of the 4

new Manhattan loft listings + closed sales in last 7 days

Sep. 14, 2008
Categorized in: Market Data - reports
There were 42 Manhattan lofts reported as new to the market in the last 7 days and 41 as sold -- the most active week in a while, with much of the action in Tribeca; 18 of the 42 new ones are offered under $2mm and 9 above $5mm, while 26 of the 41 closed

new Manhattan loft listings + closed sales in last 7 days

Jul. 28, 2008
Categorized in: Market Data - reports
There were 21 Manhattan lofts reported as new to the market in the last 7 days and 31 as sold (an unusual week, with more sales than new listings, though 20 sales were in a single new development); 13 of the 21 new ones are offered below $2mm, while 26 of