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Manhattan Loft Guy

133 West 28 Street loft sale shows the squeeze in 2-bedroom buyers

Sep. 10, 2013
I am as much a fan of broker babble as the next guy (or Guy) and I appreciate enthusiastic attempts to make linguistic lemonade out of limited assets. The babble for the recently sold and hotly contested Manhattan loft #5C at 133 West 28 Street (probably

truly a fast sale, as 60 Beach Street loft cashes out 24 days after listing

Aug. 30, 2013
Some fascinating things about the recent sale of the “2,569 sq ft” Manhattan loft #3B at 60 Beach Street just to the left of the Holland Tunnel spillways in Tribeca: as in the headline, the whole darn thing took 24 days (to market on July 13, in contr

from raw to mints, 14 Jay Street loft doubles in value

Aug. 12, 2013
The recently sold “1,620 sq ft” Manhattan loft on the 3rd floor at 14 Jay Street is a rather recent sale (July 15) but it does not reflect the recent market: the deal that just closed was entered into last Fall (contract date is October 24). Well, it

22 Warren Street penthouse loft sells 6% above ask with 3 terraces, only 2 bedrooms

Aug. 5, 2013
There is a way to turn the recently sold “2,053 sq ft” Manhattan duplexed penthouse loft on the 6th floor at 22 Warren Street in southeast Tribeca into 3 bedrooms, but it would be hugely expensive. Not in dollars, as carpentry is relatively cheap, but

108 Reade Street loft goes to war, secretly, beats the heck out of 2011 market

Jul. 19, 2013
Still groggy from a 4AM wake-up call on Wednesday in Buenos Aires and an overnight flight from Chile to JFK on (still) Wednesday night, but it is time to get out of the Manhattan Loft Guy archives and back into relatively current loft sales. I present for

9 Murray Street loft takes 5 months, 3 prices to sell

May. 31, 2013
My last 3 substantive (loft-y) posts involved lofts that sold quickly with strong prices. Of course, they fit the current conventional wisdom about the market. But not all lofts are above average, to go Keillor on ya. Since you’ve read the headline, you

a tale of two 2nd floor lofts on Thomas Street

May. 14, 2013
It was the best of times for the 2nd floor loft at 86 Thomas Street, as it just sold for $1,325/ft; it was the worst of times for the 2nd floor loft next door at 84 Thomas Street, which failed to sell despite being offered $1,081/ft. (It is confusing time

disappointed seller of 121 West 20 Street loft accepts 25% below first ask

May. 10, 2013
Facts are, of course, facts: the “1,875 sq ft” Manhattan loft #2A at 121 West 20 Street was sold on March 20 at $2.55mm by the guy who bought it 7 years later for $2.415mm. Dreams are different: back in the day he really wanted a 45% premium, but last

not a seller’s market at 100 Greene Street, as loft sells under 2007 and 2005

Apr. 26, 2013
Categorized in: Loft neighborhoods / SoHo
I don’t get this one: the same “2,000 sq ft” Manhattan loft in very prime Soho on the 2nd floor of 100 Greene Street that sold for $2.5mm in May 2005 and for $2.633mm in November 2007 just sold again in the same well-dressed condition for $2.425mm.

huge renovation premium for (awkward?) 251 West 19 Street that last sold in 2010

Mar. 25, 2013
The math on the recently resold “1,630 sq ft” Manhattan loft #1D at 251 West 19 Street is pretty impressive: sold on February 27 at $1.76mm after a renovation by the folks who paid $830,000 for the loft as a bring-your-architect special on March 29, 2

when beautiful things happen to high ceilings / 720 Greenwich Street loft sells big after mezzanine re-do

Mar. 4, 2013
How big does the footprint of the Manhattan loft #1J at 720 Greenwich Street (floor plan here) look to you? Put aside for the moment the high ceilings that permit a mezzanine and do the math; you will see why the listing is coy about size (not mentioning

prime Soho loft needs imagination, but only $1,091/ft to buy

Jan. 31, 2013
Categorized in: Loft neighborhoods / SoHo
A numbers guy would just focus on the price at which the “2,200 sq ft” Manhattan loft on the 3rd floor at 345 West Broadway sold at year end, but this Manhattan Loft Guy is intrigued by those ceilings. The loft is billed as a project, using the word

West Village loft that needs a total build-out sells at 59 Barrow Street for $1,190/ft

Jan. 22, 2013
Among broker babble conventions, to start a listing description “bring your imagination” or “bring your architect” or “create a dream loft” are both common and effective ways to manage expectations. The marketing campaign for the “1,932 sq f

working artist loft at 121 Mercer Street sells just under $1,000/ft

Jan. 18, 2013
Categorized in: Loft neighborhoods / SoHo
There are artist’s lofts and then there are artist’s lofts. The “2,000 sq ft” Manhattan loft on the 2nd floor at 121 Mercer Street deep in the heart of Soho is recognizably an artist’s loft on the floor plan and in the pictures. Start with the 1

when bad things happen to high ceilings: 250 Mercer Street loft sells at $650/ft

Jan. 14, 2013
Even for a building that often has sales at relatively low values for the Greenwich Village market, the December 18 sale of the “1,200 sq ft” Manhattan loft #C301 at 250 Mercer Street stands out, not in a good way. Regular readers of Manhattan Loft Gu

Dietz Lantern loft at 429 Greenwich Street sells for $1,186/ft with one wall

Jan. 9, 2013
This floor plan exemplifies one of the things I like about Manhattan lofts: the (general) absence of load-bearing elements gives a loft owner remarkable flexibility, well beyond the level the owner of a Manhattan “apartment” would even dream about. Th

Gansevoort loft at 321 West 13 Street sells for a very high price, but not a record (alas)

Jan. 7, 2013
Whether driven by fear of the 2013 tax man or just by a collection of macro economic factors (ha! January 4, in which Manhattan Loft Guy bravely calls BS on the Market Trend Meme Of The Day) the Fourth Quarter of 2012 was filled with sales (volume, I mean

12 days to contract 8% over ask at 284 Lafayette Street loft with 8 skylights

Dec. 7, 2012
Categorized in: Loft neighborhoods / SoHo
I included a shout-out to the “3,000 sq ft” Manhattan loft #6D at 284 Lafayette Street, in my recent post about a total gut job opportunity at the other end of Soho (December 5, if gut renovation loft at 33 Greene Street went for $1,188/ft the roof ri

a bidding skirmish? 142 Duane Street loft nudged above ask

Nov. 5, 2012
The term “bidding war” is oft-used and much loved in the Manhattan division of the Real Estate Industrial Complex, but it covers a variety of intensities and can hard to discern from the outside. The recent sale of the “1,650 sq ft” Manhattan loft

price discovery proves to be a female dog for authentic Soho loft at 66 Grand Street

Oct. 16, 2012
Categorized in: Loft neighborhoods / SoHo
Because I use an arbitrary cut-off of 90+ days off market to re-set the Days on Market calculation on the Master List of Manhattan Lofts Sold Since November 2008, the recently sold “1,800 sq ft” Manhattan loft on the (not street level) first floor at

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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