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did a jazz fan or a muppet maniac buy Mingus's place at 5 Great Jones Street?
Posted at Manhattan Loft Guy by Sandy Mattingly
August 11th, 2009 4:09 am
Categorized in: loft neighborhoods / NoHo
Tagged with: artist, big bird, closed sale, comps, curbed, great jones, jazz, love, mingus, sesame street
The Manhattan loft #2 at 5 Great Jones Street was marketed for its character ("authentic artist" loft, 14 foot tin ceilings) and its provenance ("[o]nce the home of Jazz great Charles Mingus and the creator of Big Bird Kermit Love"). At "2,300 sq ft" on a
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attack of the Killer Comp (when 2005 pricing does not help)
Posted at Manhattan Loft Guy by Sandy Mattingly
July 29th, 2009 8:38 am
Categorized in: Market Trends
Tagged with: 2005, ceilings, comps, mint, neighbor, neighbors, renovation, tin
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
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didn't build it, but they came to 21 Bond Street at $692/ft
Posted at Manhattan Loft Guy by Sandy Mattingly
July 28th, 2009 5:55 am
Categorized in: loft neighborhoods / NoHo
Tagged with: 1000ft, 700ft, 900ft, artist, bond, comps, renovation
The Manhattan loft #3 at 21 Bond Street was sold this month (July 17, deed filed last Friday) in "bring your imagination" condition (no interior pix), and suggests that the limitation of a buyer needing 'extra' cash to fund a renovation -- like many -- ca
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if you don't build it will they come? buy + build opportunity
Posted at Manhattan Loft Guy by Sandy Mattingly
July 27th, 2009 10:14 am
Categorized in: renovation opportunities + rewards
Tagged with: 2008, 830ft, 900ft, comps, financing, gut, renovation
There's a Manhattan loft (fairly) newly for sale that caught my eye as a potential test of one of the limits that is more limiting in the current market than in prior markets: selling a space that will need substantial (if not gut) renovation. With mortga
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big loft, big roof / 43 East 19 Street penthouse closes under $4mm for (maybe) 4,100 sq ft + 2,050 sq ft terrace
Posted at Manhattan Loft Guy by Sandy Mattingly
July 26th, 2009 9:14 am
Categorized in: Loft neighborhoods / Flatiron
Tagged with: 1994, 2007, comps, craft, east 19, mint, outdoor space, penthouse, renovation, roof
The Manhattan loft #8 at 43 East 19 Street is a lot of loft: "4,100 gross SF per floor" plus a huge terrace (half the size of a full floor, at "2,050 sq ft"). The listing description emphasizes volume over finishes, while noting "wonderful original detail
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29 East 22 Street closes but is the calendar off?
Posted at Manhattan Loft Guy by Sandy Mattingly
July 22nd, 2009 10:39 am
Categorized in: Market Trends
Tagged with: 1600 ft, 2005, 700ft, 800ft, ceilings, comps, east 22, renovation
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
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courage is rewarded / 161 West 15 Street sells in the sweet spot of a cold market
Posted at Manhattan Loft Guy by Sandy Mattingly
July 21st, 2009 9:51 am
Categorized in: Loft neighborhoods / Chelsea
Tagged with: 1000ft, closed, comps, discount, neighbor, neighbors, west 15
How's this for getting it right? The Manhattan loft #2A at 161 West 15 Street came to market on January 16 and found a contract in 32 days (it closed May 12 but took a long time to be public; the price is still missing on StreetEasy and can be found on Pr
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100 Reade Street sale is straight out of 2005 while wishing for 2008
Posted at Manhattan Loft Guy by Sandy Mattingly
July 19th, 2009 7:22 pm
Categorized in: Loft neighborhoods / Tribeca
Tagged with: 2005, 2008, comps, garland, neighbor, neighbors, reade
The first Manhattan loft is #5A at 100 Reade Street, which came to market in August 2008 (immediately pre-Lehman, for those who need that reminder) at $1.95mm and changed firms and prices (trying $1.8mm, $1.75mm, $1,7mm, $1.65mm) before finding a contract
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