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Manhattan Loft Guy

1 Bond Street loft goes over $1,500/ft for 3 windows

Sep. 16, 2013
Categorized in: loft neighborhoods / NoHo
Last week it was the problems caused by the elevator placement in a Manhattan loft with a classic Long-and-Narrow shape (September 13, 77 White Street loft lacks “bedrooms” because elevator is in the wrong place). Today, the recently sold “1,600 sq

penthouse loft owner at 57 Bond Street buys big Tribeca luxury on Washington Street

Aug. 28, 2013
Categorized in: loft neighborhoods / NoHo
With so many Manhattan lofts (and so little time, alas), there are times that Manhattan Loft Guy themes just emerge: one post leads to the selection of another sale for discussion, then another …. (The Shark Week meme I played on last week.) Here’s my

did 48 Bond Street loft developer leave money on the table in 2008?

Aug. 27, 2013
Categorized in: loft neighborhoods / NoHo
Let’s stick on one of the shortest and most dynamic downtown Manhattan loft streets, and complement the unusually low sale of a 1980s residential loft coop conversion I hit yesterday at 20 Bond Street (August 26, with too many walls, 20 Bond Street lof

with too many walls, 20 Bond Street loft sells (too low?) before gut renovation

Aug. 26, 2013
Categorized in: loft neighborhoods / NoHo
Even if you haven’t seen the “2,300 sq ft”* Manhattan loft on the 5th floor at 20 Bond Street, the broker babble, floor plan, and listing photos contain some hints that this Noho Long-and-Narrow recently sold as a project. The brief description of t

SEVEN Years Ago Today on Manhattan Loft Guy

Jul. 18, 2013
Categorized in: loft neighborhoods / NoHo
My July 18, 2006, light more precious than views to an artist / more on losing views..., has what might be the first discussion of Artist In Residence rules on the blog. The occasion was a then-fresh controversy involving the artist Chuck Close and potent

our long national nightmare is over, as 57 Bond Street loft sells with strangest history you will see today

Mar. 5, 2013
Categorized in: loft neighborhoods / NoHo
This post may only be for the fanatic spectators of the Manhattan residential real estate game who collect odd price histories. I am going to ruin the suspense by telling you that the “2,110 sq ft” Manhattan loft (with “1,045 sq ft” private terrac

again running with the bulls at 48 Bond Street, up 18% over 2008 this time

Nov. 28, 2012
Categorized in: loft neighborhoods / NoHo
Of course we have been on Bond Street before, talking about how that small stretch of Noho has taken off after just two new residential loft uber-condo developments (starting with my November 1, 2007, re-setting values at 57 Bond / there goes the neighbor

man takes small nip at big dog: 48 Bond Street loft resells 41% above 2008

Nov. 21, 2012
Categorized in: loft neighborhoods / NoHo
The last few resales at the Deborah Berke designed oh-so-successful 2008 new development 48 Bond Street have been above their 2008 prices, so it is not is so unusual that the “1,551 sq ft” Manhattan loft #2B (with “1,000 sq ft” terrace!) resold ab

$1,500/ft for 7 Bond Street loft with 4 windows, no bedrooms

Jun. 29, 2012
Categorized in: loft neighborhoods / NoHo
The problem for the "1,100 sq ft" Manhattan loft #2D at 7 Bond Street is obvious from the floor plan, and only slightly less obvious from the photos: the four great big windows at the front of the loft (facing north?) are the only windows in the relativel

why did 48 Great Jones Street 1-bedroom loft sell 18% above Peak value?

Apr. 13, 2012
Categorized in: loft neighborhoods / NoHo
The story line for the recent sale of the “2,564 sq ft” Manhattan loft #6R at 48 Great Jones Street seems pretty obvious from the broker babble and the price history. The loft has been “[m]asterfully renovated with no expense spared” and sold on $

transformed 7 Bond Street loft sells 8% above 2007

Jan. 3, 2012
Categorized in: loft neighborhoods / NoHo
Inquiring minds want to know the details of the work that was done to the “1,200 sq ft” Manhattan loft #4A at 7 Bond Street before it was sold 3 weeks ago at $1.55mm, because without that knowledge it is hard to assess whether any part of the $119,000

comping is hard / the laboratory at 321 West 13 Street is rich

Sep. 7, 2011
Yesterday’s post was not the only time I have offered “did I mention that comping is hard?”; it is only the most recent time. (Rather than use a list of links, I will let The Google do the job, here.) But two days in a row suggests a budding theme t

ballyhooed loft masterpiece at 48 Bond Street off (only) 6% since peak

Mar. 6, 2011
Categorized in: loft neighborhoods / NoHo
When the Manhattan loft #7A at 48 Bond Street sold on February 23 at $2.395mm, it was the second resale in this much-praised 2007 new development that helped remake this corner of Noho, though the first resale of an original market level purchase. This lo

that bento box loft in Noho also provides a Quote Of The Day

Nov. 4, 2010
Categorized in: loft neighborhoods / NoHo
One owner of the newly renovated loft profiled in today’s New York Times warmed the Manhattan Loft Guy heart with this Quote Of The Day: “we usually turn that function off,” [she] said. “It makes most Americans nervous.” “It” being “a Toto

48 Bond Street closes up 400% since 2008, but ...

Apr. 27, 2010
Categorized in: loft neighborhoods / NoHo
I was amused by a four-fold increase in value when I reported on April 16 about a Tribeca loft March 2010 resale (139 Reade St closes up 400%), but that one had last sold in 1994. Let's just say that I am not amused by the four-fold increase in prices of

didn't build it, but they came to 21 Bond Street at $692/ft

Jul. 28, 2009
Categorized in: loft neighborhoods / NoHo
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

new Manhattan loft listings + closed sales in last 7 days

Jul. 7, 2008
Categorized in: Market Data - reports
There were only 20 Manhattan lofts reported as new to the market in the last 7 days and 29 as sold; 15 of the 20 new ones are offered between $1mm and $4mm, while 18 of the 29 closed sales were under $2mm; 5 of the 20 new loft listings are in the same new

the problem with anecdotes / reports from 40 Bond Street and Time Warner

Jun. 18, 2008
Like so many newspaper articles about Manhattan real estate, Barbanel's June 8 NY Times piece was a mix of big picture data and specific "facts", in this case about some high-end price reductions. Skeptic that I am, I tend to wonder if the facts fit the s

new Manhattan loft listings + closed sales + inventory in last 7 days

Mar. 30, 2008
Categorized in: Market Data - reports
There were 42 Manhattan lofts reported as new to the market in the last 7 days and only 7 as sold; 35 of the 42 new ones are offered below $3mm and 4 are over $6.999mm, while 5 of the 7 closed sales were under $3mm; only 4 of the 42 new loft listings are

new Manhattan loft listings + closed sales in last 7 days

Mar. 17, 2008
Categorized in: Market Data - reports
Manhattan lofts new to market and sold in the last 7 days

Manhattan Loft Guy

New York, New York

Sandy Mattingly is Manhattan Loft Guy; now with The Corcoran Group (http://corcoran.com/ ; but see the disclaimer at the bottom of the page), he can be reached most easily at Sandy@ManhattanLoftGuy.com or 917.902.2491, and followed on Twitter @ManhattnLoftGuy (note "mis-spelling"). After 7+ years, the blog has moved. Links here on RealTown will work for the foreseeable future, but new posts (and all the old content) has migrated to ManhattanLoftGuy.com.

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RE: jaw-dropping views provoke jaw-dropping price for 261 Broadway loft
Having lived in 261 from the beginning, I think th...
RE: difficult penthouse loft sells above ask at 399 Washington Street
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RE: difficult penthouse loft sells above ask at 399 Washington Street
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