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Manhattan Loft Guy

masterpiece designed since 2009, 60 West 15 Street loft doubles in value

Sep. 18, 2013
Not every agent has the credibility in the business to be taken at face value when saying things like “Renovated to the nines” and “Come home to the extraordinary”, but the listing agent for the recently sold “3,133 sq ft” Manhattan loft on th

memory lane: real-time reporting on changes in The Market for Manhattan lofts

Jul. 8, 2013
Categorized in: Market Trends
In my July 8, 2010, another sign that 2010 is not 2009, as 60 West 15 Street loft sells, I looked at one Manhattan loft sale as a snapshot indicating how far The Market had come from the nuclear winter (becoming the thaw) of 2009, one year later. As I hav

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)

161 West 15 Street is nothing special, other than priced right for the market

Apr. 17, 2013
I mean no disrespect to the “1,170 sq ft” Manhattan loft #6B at 161 West 15 Street (Jensen-Lewis Building) by saying that it is nothing special. It is your basic loft, with tall ceilings, a kitchen slapped against a wall, a tight corner exposure “of

from the Department of Odd (But Round) Numbers: 3 lofts sell in July $5,000 above ask

Aug. 2, 2012
Categorized in: general weird stuff
I mention this because in looking at the 23 Manhattan loft resales on the Master List (for closings between July 2 and July 12) there are five that jump out (in green) because they closed above the last asking price, three of which closed exactly $5,000 a

it should not be this hard to get the right price, as 40 West 15 Street loft (finally) sells above ask

Jul. 16, 2012
The listing history for the “2,000 sq ft” Manhattan loft #2A at 40 West 15 Street involves several efforts, but considering that it sold for $2mm on July 2, the numbers are just weird. Put aside the 3 periods when it was off the market (that last one

25 West 15 Street loft with unusual layout + funky colors closes at rough parity with downstairs loft

May. 21, 2012
I bet that the walls in the “1,800 sq ft” Manhattan loft coop on the 7th floor at 25 West 15 Street have been where they are for 20+ years. The floor plan to this Long-and-Narrow loft has an “office / bedroom” with no closet in that (very) green r

spectacular renovation does not prevent 161 West 15 Street loft from closing down 7% since 2006

Mar. 16, 2012
I suspect that there are other people like one set of buyers of mine who really puzzled over the “1,440 sq ft” Manhattan loft #5A at 161 West 15 Street (Jensen-Lewis Building) while it was available for nearly 18 months, at 7 different prices. (It fin

high floor low ceiling loft at 25 West 15 Street closes on 2nd contract, 2nd price

Nov. 18, 2011
The “1,800 sq ft” Manhattan loft on the 6th floor at 25 West 15 Street took 5 months to find a contract that stuck, using two asking prices (the second higher than the first), but until August all the action was in the first 6 weeks. This history is u

did 30 West 15 Street lofts sell at premium due to combination potential?

Nov. 14, 2011
It is not a coincidence that both lofts on the 3rd floor at 30 West 15 Street closed on the same day. Although owned by different people and listed by different firms, the closings of lofts #3S and #3N were coordinated because they were bought by the same

diligence due + negligence committed as West 15 Street lofts + East 15 Street apartments lose views

Oct. 9, 2011
Terrific piece by VToy in today’s Sunday real estate section of the New York Times, Is That A Bulldozer I Hear? The subtle take-away is that New York City apartment or loft owners who are concerned about the potential ramifications of development sites

big space, small price for 142 West 26 Street

Sep. 30, 2011
There is a reason why the “3,870 sq ft” Manhattan loft on the 7th floor at 142 West 26 Street sold on September 19 at only $722/ft ($2.475mm) despite having a “chef’s kitchen ... with Liebherr, Viking and Meile appliances [and] … bathrooms [with

watching the new construction at 31 West 15 Street

May. 29, 2011
The hat tip goes to Curbed for linking on Friday to a single-purpose blog (or is it a vlog?), Bird's Eye View NYC, which has been posting video of the demolition (and associated hijinks ... firefighters drilling, bobcats, tumbling!) of the old 6-story uni

giant 43% gain since 2004 for giant Jensen Lewis loft marketed aggressively at 161 West 15 Street

Mar. 4, 2011
When the Manhattan loft #6FG at 161 West 15 Street (the Jensen Lewis building) closed at $3.15mm on January 31 it made the papers because of the identity of the buyers (5th item), but that is nowhere near as interesting to Manhattan Loft Guy as other thin

modest 7.6% gain since 2006 for modest Jensen Lewis loft marketed modestly at 161 West 15 Street

Mar. 3, 2011
The Manhattan loft #3D at 165 West 15 Street (in the Jensen Lewis building, for those who know their Chelsea furniture stores) sold on February 8 at the asking price of $995,000, earning the yellow tag on the Master List of Manhattan Lofts Sold Since Nove

NY Times loves the architects who (live in +) love lofts / West 15 Street Lego edition

Jan. 24, 2011
Perhaps it is just confirmation bias at work, but I really think the New York Times features a disproportionate number of lofts in it's feature sections on Thursdays and Sundays. The latest example is the Habitats feature in yesterday’s real estate sect

loft that missed The Peak at 30 West 15 Street comes back to sell, modestly but successfully

Jan. 9, 2011
30 West 15 Street is a classic Manhattan loft building of its type: a handsome 12 story building built about 100 years ago with 21 coop units (converted 1980), and a North unit and South unit on nearly all floors (with varying floor plans per floor), on a

the master rules / unbalanced loft sells near $1,000/ft at 58 West 15 Street

Nov. 26, 2010
The Manhattan loft on the 2nd floor at 58 West 15 Street that sold two weeks ago commanded a nice price for classic coop lofts on this block ($980/ft) but I was struck by the floor plan for this Long-and-Narrow footprint: the master suite takes up the ent

another sign that 2010 is not 2009, as 60 West 15 Street loft sells

Jul. 8, 2010
Today I want to talk about a different phenomenon that also confirms that the 2010 market (so far) has been very different form the 2009 market. The Manhattan loft on the 3rd floor at 60 West 15 Street had been on the market last year, from April to Novem

closing at 40 West 15 St relieves ALL shareholders

Apr. 9, 2010
Tagged with: classic, comps, light, neighbor, west 15
The "2,200 sq ft" Manhattan loft #5A at 40 West 15 Street sold on March 25 at $1.8mm, making it the most recent (but not the most interesting) sale in this 6-story building, and making this the second post in a row on this block (April 8, 42 West 15 St cl

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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