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loft developer in default at 654 Broadway
Posted at Manhattan Loft Guy by Sandy Mattingly
September 15th, 2009 12:42 pm
Categorized in: loft neighborhoods / NoHo
Tagged with: broadway, default, new development, real deal, renovation, retail
Not a pretty story reported in The Real Deal (last Friday, on line) about a Manhattan loft developer default, CIT Group sues for $12M at Noho condo site. I don't have a lot of any experience running numbers on a development project, but this seems like it
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master list of Manhattan loft closings since November
Posted at Manhattan Loft Guy by Sandy Mattingly
August 23rd, 2009 9:27 am
Categorized in: Market Data - reports
Tagged with: closed, data, days on market, google, new development, resale, sale, spreadsheet
It has been quite a while since I posted loft-closings-in-last-30-days, but I have not stopped keeping track of Manhattan residential lofts as they close. While there are many limitations in the data (discussed below), the collection is worthwhile enough
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another big developer haircut as 246 West 17 Street closes at 25% discount (again)
Posted at Manhattan Loft Guy by Sandy Mattingly
August 12th, 2009 4:12 am
Categorized in: Market Trends
Tagged with: discount, haircut, new development, west 17
The new development at 246 West 17 St poses a bit of a description conundrum for true Manhattan loft snobs, as it is both a conversion of a 3-story loft building into true "lofts" and the addition of 7 floors of ("loft-like") new construction on top of th
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they gave the roof away to close the 158 West 23 Street penthouse
Posted at Manhattan Loft Guy by Sandy Mattingly
August 3rd, 2009 8:56 am
Categorized in: Loft neighborhoods / Chelsea
Tagged with: 2007, light, new development, roof, skylight, west 23, white box
The Manhattan loft conversion at 158 West 23 Street started marketing in mid-2007, offering floor-through lofts of "1,865 sq ft" that were offered as open spaces with full kitchens and (usually) (only) 1.5 baths. I.e., not exactly white boxes, but with sp
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