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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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Jul. 2, 2009
Categorized in: Market Trends
There's a lovely (truly charming) Manhattan loft for sale that has had rather a lot of trouble finding it's correct positioning in The Market. I'd say not for lack of trying, as it has been on the market (on, and off, and on, and ...) for the better part
Jun. 29, 2009
The Manhattan loft #4B at 161 Grand Street closed last week for $1.71mm after a relatively brief (successful) campaign. This "1,831 sq ft" "beautiful and spacious" loft was marketed as being in "move-in" condition -- a relatively modest description for a
Jun. 22, 2009
The Manhattan loft 5SE at 9 Murray Street was presented to the market in August 2008 (just before Lehman) with grand ambitions and evident motivation: starting at $1.9mm on August 16, 2008; dropped to $1.8mm in five weeks (and to $1,799,999 -- just for fu
Jun. 16, 2009
The Manhattan loft on the 4th floor of 113 Greene Street has sold twice in the last four years, in nice before-and-after fashion. Yes, "before" The Market changed (Lehman, AIG and all that other 'fundamental' stuff), but also "before" it got dressed up fr
Jun. 5, 2009
The Manhattan loft #5G at 260 West Broadway (the American Thread Building) slid through The Market this year, starting on January 8 and finishing on May 6. (Not as fast as the ten week close at 155 Hudson Street that I hit on May 28, but almost as quick a
Feb. 27, 2009
What if you bought a Manhattan loft with not much light and low ceilings, and put a ton of money into it -- really jazzing it up in decidedly not neutral tones -- then decided to sell within 3 years of purchase? How confident would you be of recovering yo
Feb. 25, 2009
There's a good-sized Manhattan loft in a north Chelsea conversion from earlier this century that sold in August 2005 for $1.575mm. Because they thought that 2008 was not like 2005, they tried to sell about 20% above that, but that did not work. The curren
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....
Dec. 14, 2008
Categorized in: Market Trends
In the active Manhattan loft market of late 2006 into 2007, the seller was confident enough about pricing not to drop the price in the five+ months before reaching a deal, and got nearly the asking price. (In oher words, they were right.) In the new marke
Dec. 9, 2008
The Manhattan loft Penthouse E at 176 Broadway took ten months but it did close; it also took three price drops from $1.425mm down to $945k, to finally get it done at $850k. Happy New Year (early) for that patient, humbled seller.
Sep. 24, 2008
Categorized in: Market Trends
About the sale of #7E at 684 Broadway: Based on this one data point, the very-local-to-Broadway-at-Great-Jones-Manhattan-loft-micro-market looks to be flat or worse, year-over-year.
Mar. 26, 2008
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 daw... [Read More]
Mar. 24, 2008
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? fr... [Read More]
Mar. 3, 2008
Unit 10E at 222 Park Avenue South came to market this past weekend, a classic Manhattan loft in a long-established coop along a stretch of Park Avenue South that teems with new developments. Presented by Monica Ritterspoon of Corcoran, they are asking $3.
Feb. 6, 2008
I hit unit 3B at 48 East 13 Street when it was new to market, asking on January 16 48 E 13 new but does it 'have it all'? because the headline was "dramatic triple mint loft has it all”. Being the skeptic that I am, I checked and – in that January 156
Feb. 5, 2008
Manhattan loft #6E at 12 West 18 Street is new to market today through Barbara Godson at Halstead, asking $1.795mm and $1,765/mo (condo) for “1,750 sq ft” of Long-and-Narrow with a “well planned kitchen” with top appliances and 2 renovated bathroo
Jan. 20, 2008
Artist looks for Manhattan loft but ends up in DUMBO Brooklyn.
Jan. 17, 2008
I beat up on the Manhattan loft on the 9th floor at 105 East 29 Street a bit when it came to market ... in what I see (in retrospect) is a new-to-market-and-’going-for-it’ series. ... In that post I discussed a recent sale in the building near this pr
Jan. 16, 2008
Having just had a conversation with Reader Colgin yesterday about why a particular loft might not have sold ..., I was intrigued by the description and pictures of Manhattan loft #3B at 48 East 13 Street, which is new to the market as of yesterday. They
Nov. 21, 2007
The Manhattan loft Unit 13E at 395 Broadway did not last very long, with a contract already signed after being new to market on November 9. Touted as a “[s]pectacular high floor mint loft w/ sunny open views from three exposures”, The Market evidently
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