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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: loft developer in default at 654 Broadway
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RE: does not compute / 2007 + 10% = no sale?
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Manhattan Loft Guy

risk, revisited / I am still a coward, but the 'brave' did not sell (yet)

Aug. 21, 2009
Categorized in: Psychology of the market
I recently had a conversation with a former shareholder in one of the Manhattan loft buildings that I visited in my March 25 lengthy rumination, am I a coward? assessing + bearing risk in a risky world, as she was curious about how her former neighbor's l

am I a coward? assessing + bearing risk in a risky world

Mar. 25, 2009
Categorized in: Psychology of the market
I noticed a Manhattan loft recently to market that (a) is a pretty spectacular loft, (b) in a building I am pretty familiar with, (c) in which there is a fairly timely and extensive set of market inputs (i.e., closed sales), (d) that is offered through a

Manhattan as “fundamentally” different / supply, demand and superstars

Oct. 30, 2006
Categorized in: Market Trends
I post lasted week about “economic rent” and how “the fundamentals” must be different in Manhattan compared to most places in America, my theory being that coop and condo pr... [Read More]