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876 Broadway comes + goes QUICKLY / knowing what you can get, and getting all of it

September 2nd, 2009 7:39 am
This "2,500 sq ft" loft on Broadway between 18th and 19th Streets has serious old-school Manhattan loft charm: pine columns, 14 ft ceilings, wainscoting (check the pix for the size of the windows!). These sellers include an architect and they have owned

attack of the Killer Comp (when 2005 pricing does not help)

July 29th, 2009 8:38 am
Categorized in: Market Trends
There's a pretty big Manhattan loft in a Chelsea corner that has been patient at an asking price around $1,100/ft for 3 months, which is just slightly less than the loft sold for in 2005. Ouch. It is a lovely loft, full of mints and proper proper names, w

29 East 22 Street closes but is the calendar off?

July 22nd, 2009 10:39 am
Categorized in: Market Trends
Let's try something new for Manhattan Loft Guy. I give you two sales of same-size lofts in the same building, with condensed descriptions and listing histories, and you guess which one is from 2009 and which one is from 2005. Both are said to be "1,600 sq

dropping $2mm to make an un-lofty sale at 175 Sullivan Street

July 16th, 2009 6:58 am
Officially, the Manhattan "loft" #4A at 175 Sullivan Street was on the market only since January 2009 ("starting" at $3.25mm) before closing on June 16 at $2.65mm -- an apparent 18% discount. But the longer listing history tells a longer, darker story....