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Manhattan Loft Guy

room or light? Tribeca or Chelsea? 2 lofts sold above ask at $2.645 million have different charms

Sep. 24, 2013
Categorized in: loft style
I had ticketed two contemporaneous Manhattan loft sales back when there was a summer in New York; now is a good time to check them out. The “1,789 sq ft” Manhattan loft on the 3rd floor of 56 Thomas Street and the “1,493 sq ft” Manhattan loft #12A

buyers with cold nerves sell 4 West 21 Street loft at 51% gain

Sep. 20, 2013
Let’s take another spin at a wheel I mentioned on Wednesday (September 18, masterpiece designed since 2009, 60 West 15 Street loft doubles in value) about the favorable resale position of 2013 sellers who bucked the trend in the overall Manhattan resid

90 Franklin Street loft history more like a moving picture than a market snapshot

Sep. 5, 2013
If you wanted a Big Picture review of the overall Manhattan residential real estate market over a bunch of market cycles, you’d do well to play with The Miller’s latest 3 Cents Worth chart for Curbed (Manhattan Puts Best [Square] Foot Forward), in whi

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

quick flip of 52 Thomas Street loft is breathtakingly irrational

Aug. 29, 2013
Sometimes things make so little sense that all one can do is note the facts and move on. I really wish I had something sensible to say about the recent sales history of the “1,967 sq ft” Manhattan loft #4D at 52 Thomas Street, but …. [crickets]. I c

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

is the hyper-local Manhattan loft market at 80 John Street up more than 5% in a year?

Jul. 25, 2013
After looking twice this week at Manhattan lofts that sold high recently after not selling in 2009, the recent sale of the “875 sq ft” mini-loft #14A at 80 John Street (the troubled South Star) presents a slightly different wrinkle. Loft #14A just sol

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

memory lane: I don't think this anticipated market change ("end of uber-lofts?") happened

Jul. 17, 2013
In my July 17, 2007, end of uber-lofts? (uh ... no), I snarked on a Real Deal article that was long on anecdote, short on actual, you know, facts. (A common theme for the intersection of Manhattan Loft Guy and the Real Estate Industrial Complex, Manhattan

memory lane: Real Estate Industrial Complex (kinda sorta) takes on schools and new developments

Jul. 14, 2013
In my July 14, 2010, Times article disconnect / why developers should build schools UPDATED, I looked at some serious questions about whether and how new real estate developments burden the local infrastructure, including public schools. I got a little di

memory lane: from luxury jewelry to ladies underwear to a union bank to the inevitable condo

Jul. 7, 2013
Categorized in: change is a constant
In my July 7, 2006, dynamic city / time runs out on a stripped Tiffany’s, I reviewed the history and eventual denuding of a Tiffany’s flagship on Union Square. While I was right about the eventual outcome (in the Fourth Act, 140+ years down the line)

bidding war for 35 Vestry Street loft ends up only 5%

Jun. 21, 2013
There is a staggering amount of brick in the front room of the “1,561 sq ft” Manhattan loft on the 5th floor at 35 Vestry Street in northwest Tribeca that just zoomed through the market, and by “zoomed” I mean first showing at January 20 open hous

unsold 3 times at $1.795mm, 4 West 21 Street loft finally sells at $1.915mm

Jun. 20, 2013
Different day, same (similar) story as yesterday. The folks who just sold the “1,518 sq ft” Manhattan loft #3D at 4 West 21 Street in Flatiron for $1.915mm made sporadic efforts to sell for years, not succeeding at the same (lower) price three times.

when bad things happen to nice lofts, 136 Baxter Street edition

Jun. 11, 2013
The simple facts about the “2,558 sq ft” Manhattan penthouse duplex loft (with “600 sq ft” of private terrace) #7A at 136 Baxter Street (the Machinery Exchange) is that the guy who paid $4mm when he bought it from the sponsor on June 5, 2009 just

OYAToMLG about different market conditions, 2012 and 2009 (of course)

Jun. 5, 2013
Let’s take a step back from the hysteria momentum of the current market and the New York Times-induced hysteria and revisit those thrilling days of yesteryear; more precisely, that thrilling day yester year when One Year Ago on Manhattan Loft Guy I post

agent sells 15 Broad Street loft after 3 years with no discount

May. 21, 2013
It is easy to miss the punchline by looking at the Streeteasy history of the recently sold “2,028 sq ft” Manhattan loft #2014 at 15 Broad Street (Downtown by Starck), as StreetEasy shows a clean and brief recent history: to market January 23 at $1.775

Cocoa Exchange loft at 82 Beaver Street sells for 3rd time in narrow range

May. 20, 2013
The “928 sq ft” Manhattan loft #1309 at 82 Beaver Street (the Cocoa Exchange, aka 1 Wall Street Court, ugh) recently sold for $905,000, which is both a tiny bit more than it sold for in July 2010 ($880,000) and a tiny bit less than the original purcha

late original buyer at 415 Greenwich Street flips Tribeca Summit loft for fun and profit

May. 9, 2013
For people with an ‘investment’ approach to Manhattan residential real estate, this is how it’s done: buy at $3.35mm, sell 14 months later at $4.085mm. Everyone would do that if they could, of course; the trick (usually) is doing that first leg at a

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

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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