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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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Recent Comments

RE: 73 Worth Street closes by biting a very large bullet in one bite
I'm thinking the recent assessment won't help matt...
RE: what a difference a year (and a view) makes, as 161 Grand Street closes
sandy - just want to add that the other factor is...
RE: 73 Worth Street closes by biting a very large bullet in one bite
I wonder why almost half the building was on the m...
RE: open houses in the 3s
after real estate closeing deal with dimola bros d...
RE: tales of Olde Tribeca / 1980s nastiness at 151 Hudson Street
 I used to frequent the club and remember how...

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Manhattan Loft Guy

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
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

opportunity knocked at 60 West 15 St for $828/ft (and more), answered at $622/ft

Jun. 12, 2009
The Manhattan loft on the 4th floor at 60 West 15 Street was marketed as a masterpiece (to be), with the interesting come-on that "architects and designers are vying to renovate" it. At "3,133 sq ft", there's a lot of work for those architect and designer

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

Oculus squints just a bit to get it at 50 West 15 Street

Jan. 15, 2009
A 5% discount from list price suggests the developer made other concessions, and that this #2D buyer and the buyer for #4D signed contract under different market conditions than the buyers of #3D, #6D and #7D

how big a discount for renovation? 64 West 15 Street closes with and without

Nov. 20, 2008
I've been thinking about the difficulties in this market of selling a Manhattan loft that needs a lot of work. Unit #2E at 64 West 15 Street is a recent example, as it just closed (deed filed November 3). At least in this instance, there was not as big a

comping out is hard to do / new at 64 West 15 Street

Feb. 8, 2008
I will take William Grant and Russell Miller of BHS at their word at this point, that Manhattan loft #2W at 64 West 15 Street is an “airy loft [that] masterfully combines beautiful prewar details with today’s’ contemporary amenities”, as they prov

161 W 15 drops down to add up to contract

Dec. 26, 2007
Manhattan loft #2H at 161 West 15 Street is in contract, after 12 weeks and 2 price drops.

73 Fifth has another cash-back opportunity

Nov. 19, 2007
Tagged with: back on market, fifth, l, maple, oak, west 15
The Manhattan loft #6B at 73 Fifth Avenue is back on the market today. They are asking $3.5mm and $2,337/mo for “3,000 sq ft” of an “authentic Old World New York loft”. I won’t quibble: there are the requisite high ceilings, maple floors, oak wi

7 Sunday Open Houses at $2.9x

Nov. 9, 2007
Categorized in: open houses
Manhattan lofts for sale with open houses at 225 Lafayette Street, 115 Mercer Street, 60 West 15 Street, 181 Hudson Street, 152 Wooster Street, 260 Park Avenue South and 24 East 20 Street

8 open houses from $2.995mm to $2.45mm

Oct. 20, 2007
Categorized in: open houses
Open houses at Manhattan lofts for sale at 284 Fifth Avenue, 60 West 15 Street, 24 East 20 Street, 39 Worth Street, 34 East 30 Street, 252 Seventh Avenue, 56 East 13 Street, 543 Broadway

will the new one at 161 W 15 St add up?

Oct. 3, 2007
Trying to figure out the new listing #2H at 161 West 15 Street (in the Jensen-Lewis building, for you shoppers). Asking $1.949mm and $1,233/mo for "1,850 sq ft" that is very enthusiastically presented ("stunning", "one of a kind", "meticulously renovated" in an "imposing, fantastically convenient building"). Cook's kitchen with the proper proper nouns. Central air. 14 foot vaulted ceilings.

open house nuggets / woke up it was a Chelsea afternoon

Sep. 8, 2007
(remember to check the agent websites Sunday morning to see if open house is still on) #4A at 251 West 19 Street $2.1mm and $1,478/mo (condo) for "1,653 sq ft" of newly reduced loft (Sept 2: pric... [Read More]

1,000 ft rooftop tour / open houses at 240 E Houston + 29 W 15

Jul. 27, 2007
Categorized in: open houses
Tagged with: houston, roof, west 15
(remember to check listings Sunday to make sure the open house is still on) There are two similar Manhattan lofts holding open houses Sunday. Both are just over “1,000 sq ft”, both hav... [Read More]

loft contracts galore this week / west side edition

Jul. 26, 2007
Categorized in: On The Market
many Manhattan lofts came through the inter-firm data-base as In Contract in the last four days; here are some from the west side, all of which have been mentioned here before: 241 West 36 Stre... [Read More]

market doldrums at 36 W 15 / selling an old listing

Jul. 7, 2007
is the market punishing this loft as too old? I recently stumbled across this listing on the 2d floor at 36 West 15th Street, which I hadn’t seen since January. Yikes! Still out there. I... [Read More]
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