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Manhattan Loft Guy

50 West 29 Street build-out loft sale not as simple as it looks

Sep. 27, 2013
The recent sale of the “1,400 sq ft “ Manhattan loft #13W at 50 West 29 Street looks pretty simple: to market on April 10 at $1.475mm, in contract by June 20, and sold on August 22 at $1.5mm. That first period seems a little long for a loft to sell ov

77 White Street loft lacks "bedrooms" because elevator is in the wrong place

Sep. 13, 2013
Yesterday, it was dark bedrooms being switched (September 12, flipping the dark bedrooms earns 100 Hudson Street loft 20% premium over (near) Peak); today it is a funky floor plan for a Long-and-Narrow Tribeca loft that is (probably) funky because the lat

jaw-dropping views provoke jaw-dropping price for 261 Broadway loft

Sep. 3, 2013
Yes, the “1,140 sq ft” Manhattan loft #12B at 261 Broadway has the jaw-dropping views claimed in the broker babble (especially if you like to give traffic reports to friends interested in driving over the Brooklyn Bridge), but the fact that it just so

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

B side of the hyper-local market at 51 Walker Street is up 25% since 2011

Jul. 30, 2013
Tagged with: 2011, comps, light, miller, neighbor, views, walker
Of course a continual theme on Manhattan Loft Guy is how a specific data point (loft sale) relates to The market over time, often by reference to a specific set of market conditions in which the loft (or one like … er … comparable to it) did (or did n

memory lane: 3 for the price of 1, with chills and views

Jul. 11, 2013
In my July 11, 2011, victim of 2009 chill, 395 Broadway loft sells quickly at premium, I looked at a 2011 sale in relation to 2009, while in my July 11, 2009, 50 Warren Street closes, off 45% from original ask + 14% off 2005 price, I looked at one of the

45 Lispenard Street loft takes a year to sell at small discount to ask, 11% premium over Peak

May. 13, 2013
The Market just loved the “1,800 sq ft” Manhattan loft #5E at 45 Lispenard Street, as we see from the fact that it sold on April 25 at $2.2mm after selling at near-Peak for just $1,988,500. Any repeat sale 11% over Peak shows a whole lotta love. The c

5 years later, small loft at 261 Broadway sells (angels rejoice)

Apr. 19, 2013
One problem with doing daily blog posts about closed Manhattan loft sales is that one post can get eclipsed by another; what seems like an unusual specimen one day can diminish the next. If you remember that yesterday's post was about a loft that took the

a tricky $1,220/ft for a most lovely gut job of 451 Broome Street loft that took 50 weeks + 3 contracts to sell

Apr. 12, 2013
Categorized in: Loft neighborhoods / SoHo
This is the kind of history that is so infuriatingly rich that it is a shame not to know the whole story. The “2,400 sq ft” Manhattan loft #7E at 451 Broadway came to market a year ago at $2.7mm and was on contract within two weeks, then back on the m

50 West 29 Street loft sells with challenging layout, challenged windows

Mar. 14, 2013
Under what circumstances might it be a good deal for a Manhattan loft seller to sell 24% lower than a similar loft that sold just 6 months earlier, when that similar loft was on a lower floor and required a renovation of half work/half residential space f

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

Chelsea Merc neighbor loft at 245 Seventh Avenue sells at $1,284/ft

Dec. 14, 2012
Yes, gentle reader, Manhattan Loft Guy has a thing for the Chelsea Mercantile, the turn of the century condo conversion at 252 Seventh Avenue. (There are 22 Manhattan Loft Guy posts tagged “Chelsea Mercantile” going back to 2007, when I first started

how to value light without also valuing views? The Miller gives it a shot, NY Magazine gives it a forum

Dec. 3, 2012
Categorized in: loft features / views
In the reality-based Manhattan residential real estate world inhabited by The Miller, questions such as “how do you value the difference in light between different units, without considering differences based on view?” have at least the framework for

Hudson Mews loft at 256 West 10 Street sells 21% over 2007

Nov. 1, 2012
The downtown Manhattan loft market is still almost completely without power and this blog has been dark 4 days. Enough! (At least as far as this little corner of the blogosphere is concerned.) Let’s get back to it by visiting the recent sale of the “2

Campiello Collection penthouse loft at 151 West 17 Street eventually sells 54% above 2005

Oct. 5, 2012
You’ve seen the stats: something like the average American moves every 6 years. The guy who bought the “2,876 sq ft” Manhattan loft #PHE at 151 West 17 Street (the Campiello Collection), with another “1,121 sq ft” of private terraces, in January

27 Howard Street sells above ask with (probably) the best low-floor view in Soho?

Sep. 28, 2012
Categorized in: Loft neighborhoods / SoHo
today I may bring Manhattan Loft Guy Height Week to a close with a second floor loft that sold at a very strong price because of a terrific view. (Not a feature common to second floor lofts.) In fact (as you know from the headline), the “2,000 sq ft”

166 Bank Street loft with 30 year-old river views got for $1,188/ft in far West Village

Sep. 14, 2012
Continuing a sequence of view posts, today’s edition features a loft in pretty primitive condition (like yesterday’s) with major bragging about views (like yesterday’s). Unlike yesterday’s September 13, quintessential artist loft sells for $1,525/

quintessential artist loft sells for $1,525/ft at 38 Crosby Street

Sep. 13, 2012
Categorized in: Loft neighborhoods / SoHo
A day after hitting an architect designed Greenwich Village loft that sold under $1,000/ft (September 12, “noted architect” will be disappointed that “incredible” 200 Mercer Street loft went for $939/ft), here is a “2,000 sq ft” Soho “quinte

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

720 Greenwich Street loft illustrates my ballpark Peak-to-Now

Aug. 6, 2012
You don’t have to be a regular reader of Manhattan Loft Guy to know that The Peak prices in the overall Manhattan residential real estate market were recorded in the First Quarter of 2008, but regular readers know that I have often offered the view that

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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