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Manhattan Loft Guy

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Manhattan Loft Guy

strong pricing hint on lovely loft for sale at 360 West 36 Street

Aug. 19, 2009
Most Manhattan Loft Guy readers understand why I haven't commented on identifiable current listings for the past year and a half. I am going to make an exception for a loft (a) that I really like, and (b) whose listing agent is practically begging me to c

4 months to close, 4 years to zero out at 260 West Broadway

Jun. 5, 2009
The Manhattan loft #5G at 260 West Broadway (the American Thread Building) slid through The Market this year, starting on January 8 and finishing on May 6. (Not as fast as the ten week close at 155 Hudson Street that I hit on May 28, but almost as quick a

how to be happy selling for $1mm+ off at 43 West 64 Street

Apr. 24, 2009
Categorized in: Market Trends
Of course, I have no idea what this seller's actual emotions are, but the fact that the March 2009 seller at $2.55mm was a buyer in the original conversion in February 2004 for $1,970,314 suggests that this seller may be a little chagrined at not getting

break away to win the neighborly competition / so many lofts, so many dollars ... but no sales (yet)

Apr. 17, 2009
Categorized in: pricing analysis
If this neighborly competition occurred in a cookie-cutter "apartment" building in Manhattan (even a high-end "apartment" building), the outcome would be clear: no one would bid on "B" or "D"; every serious bidder would bid on "F" and probably "E"; while

2 closings at 36 West 15 Street / one was pushing it

Mar. 12, 2009
This loft was described much more enthusiastically (with more details) than the 6th floor, plus it has many, many more windows (4 exposures) with Empire State and Met Life views -- usually premium items for a Manhattan loft. (StreetEasy has part of the li

176 Broadway has a closing 40% off the original price

Dec. 9, 2008
The Manhattan loft Penthouse E at 176 Broadway took ten months but it did close; it also took three price drops from $1.425mm down to $945k, to finally get it done at $850k. Happy New Year (early) for that patient, humbled seller.

neighborly competition leads to neighborly mistakes? the laboratory at 24 East 22 Street

Nov. 30, 2008
Putting an apartment on the market at the same time as a neighbor's can strain relationships within a building. But I wonder about the degree to which competing listings can lead sellers to over-value their apartments. Let's get back to 24 East 22 Street

one sobering data point / 684 Broadway loft sells slowly, reluctantly

Sep. 24, 2008
Categorized in: Market Trends
About the sale of #7E at 684 Broadway: Based on this one data point, the very-local-to-Broadway-at-Great-Jones-Manhattan-loft-micro-market looks to be flat or worse, year-over-year.

what a difference $675k makes / 1 Hudson Street closes

Aug. 8, 2008
After dropping the price in February to $2.8mm, the 10th floor Manhattan loft sellers at 1 Hudson Street may have gotten a jolt when their 6th floor neighbors put their loft for sale at $2.75mm on March 14 and then dropped their price to $2.5mm by April 9

data point in a sideways market / closing at 32 West 18 Street

Jun. 11, 2008
Manhattan loft 32 West 18 Street #2B (Altair 18), had been for sale ... It had a signed contract in May and shows up as Sold & Closed in the inter-firm data today. While that is undoubtedly a huge relief for the sellers after 7 months and 5 prices, that s

past the point of pain at 32 West 18 Street w new price drop

Apr. 7, 2008
Categorized in: pricing analysis
I have removed the content of this blog post, as it comments about the current listing of another agent. For information about why, check out end of an era for Manhattan Loft Guy / a new day dawns?... [Read More]

39 East 12 Street has 2 new, with terrace + without, priced accrodingly

Mar. 25, 2008
I have removed the content of this blog post, as it comments about the current listing of another agent. For information about why, check out end of an era for Manhattan Loft Guy / a new day dawns?... [Read More]

New School tower on Fifth Avenue at 13th Street + 74 Fifth Avenue views

Mar. 7, 2008
Tagged with: fifth, new school, potential, tower, views
A January post about Manhattan loft #8A at 74 Fifth Avenue triggered a discussion (with links) to the proposed tower the New School (New School University?) wants to build on the east side of Fifth Avenue between 13th and 14th Streets. Curbed had a post y

new at 16 Hudson / once more into the breach (but higher)

Feb. 21, 2008
#4B at 16 Hudson Street is new to the Manhattan loft market today, at a rather different price point (and condition?) than other units in the building I have discussed. This one is smaller than the other two units, at “1,500 sq ft” but has a north ori

long time comin’ / contract at 714 Broadway

Feb. 12, 2008
Categorized in: loft neighborhoods / NoHo
Tagged with: broadway, comps, contract, kitchen, views
I have removed the content of this blog post, as it comments about the current listing of another agent. For information about why, check out end of an era for Manhattan Loft Guy / a new day dawns? fr... [Read More]

‘rare’ open house duel at 24 E 22 / fighting about windows

Feb. 9, 2008
BHS has been marketing the full floor loft 24 East 22 Street #5 since July as “rarely available”; that may have been true, but it is not so true since Corcoran brought the Manhattan loft below to market i2 months ago.

133 Mercer Street is new / giant windows don’t show Chrysler or Woolworth

Jan. 23, 2008
Categorized in: Loft neighborhoods / SoHo
Manhattan loft 133 Mercer Street 3rd floor is new this week, asking $1.925mm and $1,750/mo for “1,700 sq ft” with “giant” windows but only 1 bath. The location is prime SoHo, just below Prince Street; the footprint presents some issues.

not lofty enough in Manhattan, smiling at Manhattan from DUMBO

Jan. 20, 2008
Artist looks for Manhattan loft but ends up in DUMBO Brooklyn.

duel at $1.995mm / open houses at 808 Broadway, 55 West 22 Street, 116 West 14 Street

Jan. 19, 2008
Categorized in: open houses
Manhattan loft Sunday open houses at 116 West 14 Street, 808 Broadway and 55 West 22 Street

dueling $4mm open houses at 217 West 19 Street + 32 West 18 St

Jan. 18, 2008
Categorized in: open houses
There will be Manhattan loft open houses on Sunday at 217 West 19 Street 9th floor and 32 West 18 Street #2B.