[update 11.29.08: I have restored this post (below), as the reasons for having removed it in April no longer obtain]

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? from April 9.
 

[The original post:]

Steven Parrino at BHS has been marketing the full floor loft 24 East 22 Street #5 since July as “rarely available”; that may have been true, but it is not so true since Corcoran’s Jim Farrah brought the Manhattan loft below to market i2 months ago.

That sets up a nice compare-and-contrast opportunity, as they have adjoining open houses on Sunday.


(remember to check the agent websites Sunday morning to see if open house is still on)

24 East 22 Street 4^th fl
$2.695mm and $2,530/mo (condo) for “2,000 sq ft”
I hit it in an open house review on January 4, describing it as:
new to market December 11

Open House Sunday, February 10 from 1 to 2 PM

24 East 22 Street #5
$2.795mm and $2,150/mo for "2,150 sq ft" set up as 2 BR with "craftsmanship throughout" and views of the Empire State, Flatiron and Met Life buildings; this kitchen also has proper proper names

on market since July ($2.9mm)

Open House Sunday, February 10 from 11:30 to 1 PM

how much for the windows?
The finishes in both units appear to be brag-worthy, so one’s preference between them is likely to be simply that – a matter of preference. Odd that one has 13 foot ceilings (4^th floor) and the other 14 foot ceilings (5^th floor), but I suspect that is a rounding error somewhere. (Both ceilings are vaulted.)

There is one significant difference, one that is worth something and – to the light sensitive buyer -- might well be worth $100k. The 5^th floor has 5 west-facing windows (allowing that Flatiron view?) that are missing from the 4^th floor.

If you see the 5^th floor and care about views, ask whether those north views of Met Life be lost to the One Madison tower. The west windows look like lot line windows that clear the lower 5-story building next door. (It looks as though the three 5-story buildings to the west are owned by different people, but it is always possible that they could be bundled and developed…. (In the next development boom, or the one after that??)


© Sandy Mattingly 2008

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