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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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Manhattan Loft Guy

Oculus squints just a bit to get it at 50 West 15 Street

Jan. 15, 2009
A 5% discount from list price suggests the developer made other concessions, and that this #2D buyer and the buyer for #4D signed contract under different market conditions than the buyers of #3D, #6D and #7D

did developer leave a lot of money on the table in 2007?

Jan. 9, 2009
Categorized in: Market Trends
Tagged with: 1, 2007, 800ft, flip, new developments, pushy
There's a resale that caught my eye, a new construction Manhattan loft that was marketed in 2006 and closed in 2007. This Tribeca unit closed in the first offering at $1,100/ft after the developer dropped the price twice and then accepted an offer for ano

New Listings + Sales of Manhattan lofts in last 7 days

Dec. 23, 2007
Categorized in: Market Data - reports
there were 14 Manhattan lofts reported as new to the market in the last 7 days, and 23 as sold; 9 of the 14 new ones are offered under $2mm, while none are more than $4mm; only 7 of 18 closed sales were below $2mm; 6 of the 14 new loft listings are in new

New Listings + Sales of Manhattan lofts in last 7 days

Dec. 16, 2007
Categorized in: Market Data - reports
there were 22 Manhattan lofts reported as new to the market in the last 7 days, and 19 reported as sold; 10 of the 22 new ones are between $1mm and $2mm, while 5 are from $5.75mm to $6.65mm; 9 of 19 closed sales were between $500k and $2mm; and 12 of the

New Listings + Sales of Manhattan lofts in last 7 days

Nov. 18, 2007
Categorized in: Market Data - reports
there were 36 Manhattan lofts reported as new to the market in the last 7 days, and 18 as sold; 22 of the 36 new ones are offered under $2mm and 11 more from $2mm to $3mm; only 7 of 18 closed sales were below $2mm; 21 of the 36 new loft listings are in ne

New Listings + Sales of Manhattan lofts in last 7 days

Nov. 4, 2007
Categorized in: Market Data - reports
This is my third 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.