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Manhattan Loft Guy

funky loft at 55 White Street with funky history sells quickly in misleading fashion

Sep. 6, 2013
I am not saying that the full recent listing history of the “2,221 sq ft” triplex Manhattan loft #1C at 55 White Street is intentionally misleading, but the explicit part of the StreetEasy history shows a quick sale that was not, in fact, very quick.

is 2nd floor loft at 170 Fifth Avenue the most beautiful in Flatiron?

Aug. 23, 2013
It is a shame, and a challenge for the sellers and their sales team, that the marketing campaign for the “2,736 sq ft” Manhattan loft on the 2nd floor at 170 Fifth Avenue coincided with some kind of building renovation. There are no complaints (or exp

oh dear! 292 Lafayette Street loft goes to war, slays famous neighbors

Aug. 16, 2013
Categorized in: Loft neighborhoods / SoHo
The last time we visited 292 Lafayette Street together there was a somewhat primitive loft with somewhat famous sellers that sold at $1,033/ft. Today's visit is occasioned by the "1,600 sq ft" Manhattan loft #2E at 292 Lafayette Street, which sold on July

85 Leonard Street loft doesn't quite zoom, but sells above ask

May. 2, 2013
The “2,434 sq ft” Manhattan loft on the 4th floor at 85 Leonard Street (the condo name, Kitchen, Montross & Wilcox Store, is a mouthful, explained below) enjoyed an enviable but hardly unique experience of selling above ask this month, though it did t

penthouse loft at 420 West 25 Street did not sell a year ago, but does now (higher)

May. 1, 2013
I hope that this post, following yesterday’s (April 30, unsold 2010 into 2011, 49 East 21 Street loft sells 18% higher), is more additional than redundant, as simply another (interesting?) illustration of the change in market conditions. In this case, t

95 Franklin Street loft sells with new space (not just newly renovated space)

Apr. 29, 2013
One of the hoary things you hear Manhattan real estate boosters say is that real estate here is so valuable because “it’s an island, they are not making more of it”. Of course that is not true, as this cool feature from a walking tour company shows

Petersfield loft at 115 Fourth Avenue asks for big gain over 2011, market refuses

Apr. 24, 2013
One of the great fascinations for me in looking at deed records as downtown Manhattan lofts sell is noting sales that deviate from the narrative for the overall residential real estate market on The Big Island. Many examples are listed at bottom, but toda

huge 40 West 22 Street loft sells at $916/ft as canvas, actors' theater

Apr. 23, 2013
In babbling that the “4,150 sq ft” Manhattan loft on the 5th floor at 40 West 22 Street as “your canvas awaits” the agent committed metaphor; in saying that the loft “is currently designed as a residence & actors' theatre, rendering the space in

9 White Street penthouse loft created $2.5mm in value after 2010

Apr. 16, 2013
I had a bit of an email conversation this week with a Manhattan Loft Guy reader about the “3,500 sq ft” Manhattan loft on the top of 9 White Street, which had been bought for $3.615mm three years ago and just had a deed filed reflecting it was resold

Lion’s Head no bedroom mezzanine loft at 121 West 19 Street closes up $25,000 since 2008

Mar. 29, 2013
The recent sale of the “1,069 sq ft” Manhattan loft #4C at 121 West 19 Street (in the Lion’s Head Condominium) is yet another reminder that I should do a summary post collecting how well or poorly high ceilinged lofts with mezzanines have done in Th

took a while for architects to wake up to gut project loft at 39 Worth Street

Mar. 26, 2013
Bring your design team to this classic 2,000SF floor-thru loft …." You got bones (“13-foot original tin-pressed ceilings, exposed brick walls, century-old pine floors + light from enormous windows”) and, of course, “[i]ncredible potential”. The

712 Broadway loft sellers are the very model of modern motivated sellers (and unhappy flippers)

Feb. 21, 2013
Because it can be hard to track sales by units in the 2-building coop that includes 712 Broadway and 714 Broadway, there is no sales price associated with the StreetEasy listing for the “2,825 sq ft” Manhattan loft on the 3rd floor at 712 Broadway, bu

106 Duane Street loft sellers built a beauty then aimed at the moon (fell more than 200,000 miles short, alas)

Feb. 6, 2013
It is hard to imagine how disappointing it must be to renovate a loft beautifully, then find that The Market just doesn’t get it. I present for our consideration (and empathy) the “1,766 sq ft” Manhattan loft on the 2nd floor at 106 Duane Street, wh

Village project lofts at 250 Mercer Street sell at $925/ft with too many walls

Feb. 1, 2013
The surviving listing on StreetEasy for the “1,500 sq ft” Manhattan lofts #C514 and #C515 at 250 Mercer Street promises “more info to follow shortly... [and] pix next week”, but that was from 14 months ago, so any people holding their breath in an

second floor loft empire at 66 Crosby Street increases at $946/ft

Jan. 24, 2013
Categorized in: Loft neighborhoods / SoHo
Remember that loft in the charming West Village that sold near $1,200/ft while needing a complete build-out? Of course you do: January 22, West Village loft that needs a total build-out sells at 59 Barrow Street for $1,190/ft. That one beat the total gut

plusses and minuses evident as 249 Church Street penthouse loft sells above 3rd floor, at par with 4th floor

Dec. 26, 2012
The “1,588 sq ft” Manhattan loft on the 5th floor (“penthouse”) at 249 Church Street that sold on December 4 at $2.15mm, is a study of the power of “on the other hand …”. On the one hand, the broker babble promises between the lines that the

if gut renovation loft at 33 Greene Street went for $1,188/ft the roof rights were free

Dec. 5, 2012
Categorized in: Loft neighborhoods / SoHo
What is your guess as to what a $4mm buyer would pay to gut renovate a ”3,200 sq ft” classic Soho loft? Let’s say a minimum of $250/ft for ballpark purposes, so figure that the recent buyer of that “sun-blasted” “architect ready” Manhattan l

$2 million later (!), 43 East 19 Street penthouse loft is ready for its close-up

Nov. 15, 2012
Don’t you wish you could get a look at more lofts that are featured on Manhattan Loft Guy when sold, to see how they have been renovated? (I know you do.) Here today, courtesy of the New York Times feature Great Homes and Destinations, is an article and

nice pics help sell underwhelming 77 Hudson Street loft at $1,089/ft in prime Tribeca

Nov. 13, 2012
The listing photos for the “1,711 sq ft” Manhattan loft on the 5th floor at 77 Hudson Street show a loft with some “classic” elements, as advertised (chiefly, the truly massive columns and beams, less so the large living room windows). As you have

WOW, indeed: "wow factor" loft at 66 Crosby Street has late bidding war to close up 60% over 2006

Aug. 30, 2012
Categorized in: Loft neighborhoods / SoHo
Yes, I was a little over the top yesterday in my praise for the (mini) loft that sold at an astounding (for the building) price per foot (that was August 29, unique loft at 236 West 26 Street bends the market by selling well above comps). My defense is th

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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Recent Comments

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
Nice try hst, but they did all this on purpose. O...
RE: difficult penthouse loft sells above ask at 399 Washington Street
Are you sure that they built this floorplan out fr...
RE: a forgotten OYAToMLG about agent doubletalk
As you know, the chord you strike on this issue is...


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