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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: 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

looking for walk-aways by testing the hypothesis that buyers can't close / the lab at The Caledonia, 450 West 17 Street

Dec. 31, 2008
Categorized in: Market Trends
I started with The Caledonia at 450 West 17 Street because I happened to note a recent Manhattan loft closing there and was curious about the building as a laboratory to check The Stoler Hypothesis about walk-away buyers. The Caledonia turns out to be a t

new Manhattan loft listings + closed sales in last 7 days

Dec. 15, 2008
Categorized in: Market Data - reports
There were 23 Manhattan lofts reported as new to the market in the last 7 days and only 9 as sold, in yet another turkey of a week; 14 of the 23 new ones are offered between $1mm and $3mm, while 8 of the 9 closed sales were below $3mm; only 2 of the 23 ne

130 West 17 Street #9S went for it + got it

Jul. 15, 2008
A top-floor Manhattan loft at 130 West 17 Street was the subject of one of my occasional Going For It! posts way back on September 23, 2007 (when I was still commenting on other firm's active listings), 130 W 17 9S is new + really going for it. As in simi

new Manhattan loft listings + closed sales in last 7 days

Jul. 7, 2008
Categorized in: Market Data - reports
There were only 20 Manhattan lofts reported as new to the market in the last 7 days and 29 as sold; 15 of the 20 new ones are offered between $1mm and $4mm, while 18 of the 29 closed sales were under $2mm; 5 of the 20 new loft listings are in the same new

waiting for the final number for Steiner sale / looks like a premium

Apr. 22, 2008
Unit #2D at 257 West 17 Street (The Steiner Building) shows up today as Sold & Closed in our inter-firm data base.... The footprint is a wonderful variation on a Long-and-Narrow Manhattan loft layout....

the Steiner Building premium (or not) / 257 West 17 Street has a new one

Mar. 21, 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? fr... [Read More]

new at 20 East 17 Street / views not (many) dollars

Mar. 12, 2008
The 7th floor at 20 East 17 Street is new to market this week through Steven Cohen of Corcoran, asking (only) $2.3mm and $1,509/mo (condo) for "2,200 sq ft". With top kitchen + bath finishes, 12 foot ceilings, a real fireplace and views of the Empire Stat

don't sneeze at 130 West 17 Street contract

Mar. 6, 2008
I hit on (picked on?) # 9S at 130 West 17 Street when it was new to market in September (130 W 17 9S is new + really going for it), asking $3.2mm (since dropped to $2.995mm) for "2,000 sq ft" and the "possibility" of buying roof rights. I wondered then --

New Listings + Sales of Manhattan lofts in last 7 days

Dec. 23, 2007
Categorized in: Market Data - reports
there were 14 Manhattan lofts reported as new to the market in the last 7 days, and 23 as sold; 9 of the 14 new ones are offered under $2mm, while none are more than $4mm; only 7 of 18 closed sales were below $2mm; 6 of the 14 new loft listings are in new

irony abounds / NY Times on geography + internet

Dec. 23, 2007
In Manhattan, there used to be sewing machine repair shops clustered around West 26 Street, off Sixth Avenue, and button and ‘notions’ in the high West 30s, west of Eight Avenue, when the Seventh Avenue corridor in the 20s and 30s really did center th

New Listings + Sales of Manhattan lofts in last 7 days

Dec. 9, 2007
Categorized in: Market Data - reports
In the last 7 days there were 30 Manhattan lofts reported as new to the market in the last 7 days, and 15 reported as sold; 18 of the 30 new ones are under $2mm; 11 of 15 closed sales were between $1mm and $3mm; only 5 of the 30 new loft listings are in n

Sunday open houses / a hodge podge edition

Oct. 6, 2007
Categorized in: open houses
a miscellany of Sunday open houses

open house review across 17 Street

Sep. 27, 2007
You can walk from Eighth Avenue past Third Avenue on Sunday and see a wide range of Manhattan lofts (and 'loft-like' properties).

130 W 17 9S is new + really going for it

Sep. 23, 2007
Tagged with: condop, east 29, penthouse, west 17
$1,600/ft coop loft, but why? Unit 9S at 130 West 17 Street is a top floor "2,000 sq ft" loft with a skylight and the possibility of purchasing roof rights, asking a new-construction-like Manhattan... [Read More]

open house review / featuring Flatiron, with some Chelsea choices

Sep. 14, 2007
Categorized in: open houses
(remember to check the agent websites Sunday morning to see if open house is still on) 49 E 21 St #4A $1.89mm and $1,709/mo (condo) for "1,375 sq ft" in the former UFT building new to market Labor... [Read More]

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]

Sunday Open Houses over $2mm / more surf, less turf

Aug. 17, 2007
Categorized in: open houses
Tagged with: broadway, canal, laight, west 17, west 19
(remember to check the agent websites Sunday morning to see if open house is still on) 15 W 17 St This is another development marketed by Halstead’s Charles Hawkins (see 137 Duane in tod... [Read More]

Open House review - early bird specials under $1.8

Jul. 6, 2007
Categorized in: open houses
loft open houses Sunday, July 8 from $1.3mm to $1.8mm (remember to check listing Sunday to make sure it is still on) 241 W 36 St #6R $1.3mm “1,700 sq ft” “renovated”... [Read More]

is 4,600 sq ft enough? 2 chances at 17 W 17 St

May. 22, 2007
raw loft space at $700/ft I blogged about the 3rd fl unit at 17W 17 St when I saw three West 17th Street lofts within a short time in December (selling West 17th St / 3 very different lofts almost... [Read More]
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