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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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RE: does not compute / 2007 + 10% = no sale?
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RE: how big a discount for renovation? 64 West 15 Street closes with and without
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RE: 497 Greenwich Street sale was off a low ball?
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RE: find the number, hit the number / 35 East 12 Street closes
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Manhattan Loft Guy

2 new Tribeca lofts too pushy or just pushy enough??

Nov. 14, 2008
Categorized in: Market Trends
I noted last weekend 2 new listings for Manhattan lofts that struck me as a little aggressive in pricing, both good size lofts in prime Tribeca. One is asking about $1,250/ft for a space (with a new kitchen) that sold in 2005 off an ask (no trading price

quick sale at 20 East 17 St

May. 20, 2008
The Manhattan loft on the 7th floor at 20 East 17 Street came to market on March 10, in pretty much the same market uncertainty as today. It took all of 17 days for terms to be agreed upon and a contract to be signed, and shows up on today's Sold & Closed

18 E 12 St so hot it is going best & final today

Dec. 12, 2007
Categorized in: Psychology of the market
I was speaking yesterday to an agent at another firm with whom I am doing a deal about everybody's favorite question (what is The Market doing now?) and he mentioned taking a buyer to see this Manhattan loft at 18 East 12 Street on Sunday. By his estimati

how The Market can change / NY Times reported sale at 684 Broadway

Jun. 28, 2007
Categorized in: pricing analysis
The NY Times Residential Sales feature today includes this Manhattan loft sale: GREENWICH VILLAGE $3.1 million 684 Broadway (Great Jones Street) 3-bedroom, 2-bath, 3,100-sq.-ft. co-op in a re... [Read More]

(no irritating Ps but) more seller psychology / are loft-sellers more prone to ego errors?

Nov. 11, 2006
Categorized in: Psychology of the market
the Lake Wobegon effect? My P-filled post about sellers not adjusting to the current market (pseller psychology pstuck pso psales psuffer?) leads to wondering about Manhattan loft sellers. Alt... [Read More]