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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

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

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

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

2 new bathrooms and a market thaw earn $195,000 gain for 520 LaGuardia Place loft over 2009

Nov. 27, 2012
Let’s stick with that meme about the Trough Of 2009 another day, following yesterday’s November 26, particularly deep trough discovered, as 335 Greenwich Street loft sells 31% over 2009. Today’s exhibit is rather more equivocal. The “1,400 sq ft

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

market corrects (slightly) too deep price cut for spectacular columns at 136 West 22 Street

Sep. 17, 2012
It has been a while since I highlighted one of the axioms of a busy (deep) market: The Market will correct a too-low price. In this case, the “3,272 sq ft” Manhattan loft on the 3rd floor at 136 West 22 Street just sold after two price drops, the seco

market for 150 Nassau Street lofts is en fuego, as another record falls

Aug. 31, 2012
I am a lucky Manhattan Loft Guy, lucky to have readers who email not only with suggestions about future posts but who also include a behind the scenes back story. The late-breaking public news is the August 1 deed transferring the “1,798 sq ft” Manhat

very valuable terrace boosts 65 N. Moore Street loft sale, though at a loss since 2010

Aug. 1, 2012
As you will see eventually, below, the “1,450 sq ft” duplex true-penthouse Manhattan loft #6A at 65 N. Moore Street just sold at $2.625mm with a huge premium for the (266 sq ft, approximately) terrace. Unadjusted for the outdoor space, that’s $1,810

ballyhooed artist loft with unique floor plan + top kitchen sells for $962/ft at 307 West Broadway

May. 8, 2012
Categorized in: Loft neighborhoods / SoHo
Talk about using the Real Estate Industrial Complex, Manhattan Media Division to your benefit! I have to wonder if there is any connection between the fact that the “3,300 sq ft” Manhattan loft on the 7th floor at 307 West Broadway that just sold was

artist loft clears at $742/ft in south Soho, 307 West Broadway

Apr. 16, 2012
Categorized in: Loft neighborhoods / SoHo
There is a great span of values for primitive lofts, isn’t there? Today’s specimen is the “3,300 sq ft” Manhattan loft on the 6th floor at 307 West Broadway, a roughly 36 x 90 foot canvas on which to “create a masterpiece”, as the broker babbl

speedy 155 Franklin Street loft sale shows neighbor's frostbite in 2009

Sep. 24, 2011
The deed recording the August 22 sale of the “2,438 sq ft” Manhattan loft #2S at 155 Franklin Street was not filed until Wednesday, so this qualifies as late-breaking news in our world: keeping up with my recent theme-of-the-week, this loft raced thro

famous artist buys (another) loft at 173 Duane Street

Sep. 19, 2011
From the buy side, you have Richard Serra and wife, who apparently have lived at Manhattan loft building 173 Duane Street since 1977 (the first year his name shows up on The Shark’s page for the building, even before the coop was formed in 1979). On the

penthouse loft at 17 Greene Street sells at ridiculous (adjusted) value after chopping, chopping

Sep. 13, 2011
Categorized in: Loft neighborhoods / SoHo
Even without considering the size difference, can there be any pair of penthouse lofts in prime Manhattan loft neighborhoods than yesterday’s please-gut-me 14 Jay Street #8 penthouse and the 6th floor of 17 Greene Street? There are not that many loft li

Observer observes 262 Mott Street loft sale without overlap

Jan. 12, 2011
The New York Observer posted a piece on-line last night about the recent sale of the Manhattan loft #203 at 262 Mott Street, a pre-Civil War loft with an Olde New York view over Old Saint Patrick’s Cathedral that had been cobbled together over the cour

another late bidding war, as 55 White Street loft sells at 104% of (reduced) ask

Oct. 18, 2010
ndividual sales show the ebbs and flows of the Manhattan real estate market, as odd specific data points don’t exactly fit the general narrative. If that is too obscure a way to start a post (even for Manhattan Loft Guy), try this: you would think that

did 525 Broome Street get value for the 2008 renovation?

Aug. 25, 2009
Categorized in: Loft neighborhoods / SoHo
Of course The Market does not care what a seller has to pay, or has paid; The Market only cares about what the seller and buyer can agree upon. In this case, the July 31, 2009 buyer of a renovated loft and the June 19, 2008 buyer of a blank canvas agreed

155 Franklin Street crashes past 2006 to close up 28% (since 2000)

Aug. 5, 2009
The Manhattan loft #3S at 155 Franklin Street (the Sugar Loaf) was one of only five lofts in Tribeca that closed in June, per recent articles in The Real Deal Trouble in Tribeca. For a seller who started so far from The Market in October, these folks caug

'apartment' or 'loft' / sometimes you just have to laugh

Jun. 17, 2009
Categorized in: what makes a loft a "loft"
My new mantra is if 'change is good', why is transition so hard? I offer that thought as a transition to this nugget in the Corcoran data-base that caught my eye. I am still not sure what The Rules are (there must be some, right?) for classifying "lofts"

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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