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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

comparing 2Q Manhattan loft data + overall market / the case of the missing lofts

Jul. 10, 2009
Categorized in: Market Data - reports
The three major firm market reports for the Second Quarter 2009 came out last week, essentially at the start of the holiday weekend. You've probably seen enough of the general media commentary about The Cliff The Manhattan Real Estate Market Just Fell Off

comparing 1Q Manhattan loft data + overall market / another nugget report

Apr. 4, 2009
Categorized in: Market Data - reports
Using the Miller Samuel more rich data set, the Manhattan loft niche over-performed on median sales price (the overall Manhattan market was up 3.1% YoY), on average price per foot (the overall market was down 2.3% YoY), on days on market (the overall mark

30 days of actual Manhattan loft sales, from February 11

Mar. 7, 2009
Categorized in: Market Data - reports
For the 30 days prior to February 11, 2009 our inter-firm data base reported as Sold and Closed Manhattan "lofts" 13 resales and 21 developer/sponsor sales in new developments, compared to the 22 and 28 reported in January, and the 24 and 19 reported in D

Corcoran nuggets: Manhattan loft market tracks overall, bigger does better

Jan. 10, 2009
Categorized in: Market Data - reports
Corcoran's loft-specific information is limited to average and median sales prices and average price per foot for 4 sizes of lofts, on only a year-over-year comparison. The data for the loft segment (on p5 of 13) and the overall Manhattan market (on p4 of

nuggets from Q4 market reports / Halstead dribs + drabs

Jan. 7, 2009
Categorized in: Market Data - reports
So what does it mean? I infer that the strong data (overall Manhattan loft average price per foot; median sales prices in nabes other than Greenwich/East/West Village) is driven by new development sales, which -- of course -- were 'set' by contracts signe

head-scratching over $650/ft and outdoor space

Jun. 26, 2008
Categorized in: pricing analysis
Real 2 bedroom loft space with real outdoor space at $650/ft seems a (real?) Manhattan loft deal.

another Broadway odyssey / 710 Broadway (finally) closes

Jun. 17, 2008
When I hit the Manhattan loft on the 2d floor at 710 Broadway in January, it was in its toddler stage, having passed its listing-birthday in December (Jan 9, 710 Broadway is slimmer after holiday break). Property Shark (but not StreetEasy) reveals the inf

who laughs at 108 Wooster deal?

Jan. 31, 2008
Categorized in: Loft neighborhoods / SoHo
I picked on the Manhattan loft #5E at 108 Wooster Street when it was new to market (October 16: all feet at 108 Wooster are square but not equal), describing it as “'1,140 sq ft' of the least efficient small space I can recall. Simply staggering in its

uncommon modesty (unrewarded) at 43 W 21

Aug. 9, 2007
general market stats vs. one loft experience I checked out #3 at 43 West 21 Street (for listing details, pix and floor plan, scroll down through Properties for Sale here)when I got an email floggi... [Read More]

Lake Wobegon lofts sell for more than $1,246/ft - more thoughts on Q2 data

Jul. 11, 2007
Categorized in: Market Data - reports
crunch, crunch Miller, crunch, crunch Samuel I have finally gotten to spend a little time staring at the fourth page of the Miller Samuel Second Quarter Manhattan Market Overview, the page with th... [Read More]

Second Quarter Manhattan market report nuggets

Jul. 3, 2007
Categorized in: Market Data - reports
3,469 closed sales [p 2 of 12 in BHS Q2 report] 3,939 closed sales, more than double the second quarter of 2006 [NY Post, quoting Miller Samuel, whose report is not yet on their website] Th... [Read More]