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Manhattan Loft Guy

Manhattan Loft Guy

Blog by Sandy Mattingly

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

2005 + 10%? that might work

Aug. 9, 2009

Categorized in: Market Trends

Tagged with: 1000ft, 2005, 2007, prime, square, windows

There's a lovely square loft newly available for sale in a prime Manhattan loft area that is asking about 10% more than the clearing price when it sold in June 2005. I think this is likely to be close enough that The Marketwill reward it with an offer off

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developer haircuts at 15 East 26 Street, 333 West 14 Street, 50 West 15 Street + 246 West 17 Street

Jun. 20, 2009

Categorized in: Market Trends

Tagged with: discount, dveloper, madison square north, oculus, prime

In looking at recent loft sales, I came across these five cases (in four buildings) in which a Manhattan loft developer took a pretty good discount from the last asking price to close a deal. In one case*, it is the first closing in the building; in the o

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