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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

flipping the dark bedrooms earns 100 Hudson Street loft 20% premium over (near) Peak

Sep. 12, 2013
The “1,025 sq ft” Manhattan loft #3A at 100 Hudson Street that just sold for $1.535mm with some “customized elements” looks a lot like the loft when it sold in June 2008 for $1.283mm with very enthusiastic broker babbling about the kitchen and the

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

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

original condition loft at 1 Hudson Street goes well above ask

Aug. 21, 2013
Stop me if you've heard this before: a Manhattan loft that needs pretty much everything sails through the market above ask. That's the story with the "2,000 sq ft" Manhattan loft on the 8th floor at 1 Hudson Street, which came out on March 8 at $2.198mm,

463 Greenwich Street loft is a fascinating project, sells at $1,442/ft

Aug. 20, 2013
The “1,320 sq ft” Manhattan loft on the 4th floor at 463 Greenwich Street in northwest Tribeca is an interesting comp for yesterday’s somewhat primitive loft in prime Soho. Similar in size and in having classic loft character (I know it when I see i

extortion or neighborly consideration 505 Greenwich Street loft? you decide

Jun. 7, 2013
Categorized in: Loft neighborhoods / SoHo
You won’t find a listing associated with the deed recently filed on the May 13 sale of the “979 sq ft” Manhattan loft #12C at 505 Greenwich Street because it was a private transaction. The sale price is a funny number, but not only because it is dec

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

260 Fifth Avenue loft missed opportunity to sell before world found out about nearby development

May. 15, 2013
You will often see a comment on Manhattan Loft Guy to the effect that a seller missed the best opportunity to sell (First Quarter 2008, aka The Peak) by being too aggressive in pricing, even for 2007, or by waiting too long in 2008 to come to market (ther

330 Spring Street loft sells near par from 2006 (an improvement)

May. 7, 2013
Categorized in: Loft neighborhoods / SoHo
Don’t you get tired of this relentless seller’s market stuff, with lofts closing higher, higher, and higher? My buyers certainly do! So this post is for them (and, perhaps, you), recounting the details of the “1,722 sq ft” Manhattan loft #8A at 33

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

Lion’s Head loft at 121 West 19 Street takes a long time to lose 9% since 2007 resale

Apr. 18, 2013
This is not new news, as the contract was signed unusually long ago, but the “1,920 sq ft” duplex Manhattan loft #3B at 121 West 19 Street (Lion’s Head) finally sold on February 28. My headline news is that the poor folks who bought the loft for $2m

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

OYAToMLG downtown artist loses views of her muse, is sad but not angry

Mar. 23, 2013
A quick (last!) one from New Orleans, kinda sorta like a diversion, but certainly Manhattan real estate related. One Year Ago Today on Manhattan Loft Guy I posted about an artist featured in a New York Times City Room piece (March 23, 2012, longtime Seapo

TYAToMLG talking about the huge premium that some people will pay for a view, in this case of Madison Square

Mar. 20, 2013
Categorized in: loft features / views
As on Monday (March 18, OYAToMLG talking about post-Peak and square floor plans at 161 Hudson Street) this will be a relatively short post based on the Manhattan Loft Guy archives, due to the conflicts for time and attention presented this first-time visi

market corrects too-low price drop at Chelsea Mercantile, just as it's supposed to

Feb. 25, 2013
Regular readers of Manhattan Loft Guy know that I often observe that, absent a thin buyer pool, The Market will correct a price drop that is ‘too low’ by having multiple bidders push the clearing price above the asking price. The price history of the

119 Chambers Street loft with roof view discovers its clearing price, eventually

Feb. 22, 2013
The listing photos in support of the recent sale of the “2,236 sq ft” Manhattan loft on the 4th floor at 119 Chambers Street don’t lie: that is the Gehry building and that is the Woolworth Building, in each case artfully framed with a window (pix #

about that bidding war for (not THAT) well-dressed 395 Broadway loft

Feb. 15, 2013
There were broken hearts all over the highway when the bidding war for the “1,200 sq ft” Manhattan loft #14A at 395 Broadway came to an end on November 6, then jaws dropped when word got out soon thereafter that the winning bid was above $2mm. I shoul

elevator does not go to top floor at 258 Broadway, penthouse loft sells anyway (eventually, eventually)

Jan. 30, 2013
There are penthouses, and then there are penthouses. My understanding is that the term originally referred to a residential unit built on the roof, usually having direct (private) access to at least part of the roof, and usually added on rather than part

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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