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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Manhattan Loft Guy

11 West 20 Street #2 closes / did they get THAT??

Jun. 20, 2008

Categorized in: Loft neighborhoods / Flatiron

Tagged with: comps, longandnarrow, renovation, streeteasy, west 20, white box

Today's new inter-firm list of Sold & Closed includes the Manhattan loft on the 2d floor at 11 West 20 Street, which is interesting (to me, at least) for a few reasons: (a) it can be either commercial or (when "re-zoned as of right") residential, (b) it s

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2 new on West 20 Street / building yin vs yang at 15 W 20 + 9 W 20

Feb. 18, 2008

Categorized in: Loft neighborhoods / Flatiron

Tagged with: 2001, 2006, altair, amenities, boutique, cabana, comps, gym, longandnarrow, west 20

These two new Manhattan loft listings could hardly be closer to each other. The units [at 15 West 20 Street and 9 West 20 Street] are nearly the same size, with very similar layouts. Neither brags about light or views. But the dollar differences are rathe

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raise, drop (rinse), repeat / loft pricing theory, explored

Dec. 4, 2007

Categorized in: pricing analysis

Tagged with: hudson, price drop, price increase, west 20, yoyo

When I talked about death-by-small-increments (above) I was thinking about the seller (and agent) being motivated to drop the price meaningfully motivate buyers to think now is the right price, while running the foot-shooting risk that buyers will instead

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