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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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Recent Comments

RE: the too pushy?? thread continues / another one to follow, in Flatiron
sandy - no surprise that i know EXACTLY which...
RE: 514 Broadway #6G
Loft guy - have you seen that Corcoran is listing...
RE: into the melting pot (with a grain of salt?)
VERY interesting stats that greatly surprise...
RE: 16 Greene Street closes around $1,000/ft, twice
what happen to your listing @ 20 North Moore???...
How do I?
know what lofts are on sale, where, size, taxes, c...

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Manhattan Loft Guy

about that Second Quarter / data party like it is 2006

Aug. 13, 2008
Categorized in: Market Data - reports
It is (more than?) about time that I commented on the Q2 Manhattan real estate reports, as I have been chewing on them for quite a while (and we are halfway through Q3). The most interesting take-away for me is how well 2008 is doing (so far) compared to

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

Aug. 21, 2007
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.

can a white box feel pain? – at 137 Duane (big price drop) it might

Aug. 6, 2007
When I reviewed #4E at 137 Duane Street in a June 28 open house review (bring architect +/or vision to open houses Sunday July 1) I wondered whether the sponsor was (a) stubborn or (b) negotiable.... [Read More]

patience pays? 429 Greenwich births a contract

May. 29, 2007
8 months later, #4B is in contract without a price change #4B at 429 Greenwich St was the apple of its owner’s eye when it was first offered for sale in September at $3.1mm ($2,780/mo) and n... [Read More]

chaos at The Hubert? 2 contracts go pffft at 7 Hubert St

May. 9, 2007
Categorized in: On The Market
Unit 3D at 7 Hubert Street has been on the market since last July (now at $2.5mm, started at $2.65mm; abated monthlies of $1,385) through Core Group and Unit 5D has been on only since October (now... [Read More]

how many Days on the Market? no simple math in the Manhattan loft market

Oct. 16, 2006
Categorized in: Market Data - reports
fuzzy math makes things less clear It seems as though there should be a simple answer to the question “how long has this loft been on the market?” But not in this town. Rumor has i... [Read More]

whatever happened to "Supply" & Demand? carping at Halstead #s quarterly

Oct. 6, 2006
Categorized in: Market Data - reports
“inventory” still mis-defined I will pick on Halstead (whose latest quarterly market report from Halstead is out this week) a bit because (a) they are first, (b) they left some easy ta... [Read More]

Halstead’s Q3 was flat-to-mixed; lofts too

Oct. 5, 2006
Categorized in: Market Data - reports
some loft areas up year-over-year, some down, all slightly The latest quarterly market report from Halstead is out this week and I will try to deal with the various market reports in more bite-siz... [Read More]