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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

not thawed in 2009, Lion's Head loft sells 9% over ask, 54% over 2006

Jul. 23, 2013
Yesterday I featured a Soho penthouse loft that did not sell under $4mm in 2009 (and 2010!) but recently sold for $5mm (July 22, no thaw was good news for (eventual) penthouse loft seller at 347 West Broadway). Today we make it an official Manhattan Loft

Jade loft pod at 16 West 19 Street implies market is up 33% since 2010

May. 23, 2013
This math is true: the “902 sq ft” mini-loft with a pod #5C at 16 West 19 Street (Jade) recently sold for $1.2mm after not selling after having been offered for sale for 7 months in 2010 at prices that dropped down to $899,000. That last price was ava

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

loft at 217 West 19 Street dances to 13% gain over Peak

Apr. 1, 2013
The “2,400 sq ft” Manhattan loft on the 9th floor of 217 West 19 Street is a worthy Beat The Peak, as it was sold for $4.4mm on February 5 by the woman who bought it on April 30, 2008 for $3.9mm. A quibbler might note that the prior sale was not quite

Lion’s Head no bedroom mezzanine loft at 121 West 19 Street closes up $25,000 since 2008

Mar. 29, 2013
The recent sale of the “1,069 sq ft” Manhattan loft #4C at 121 West 19 Street (in the Lion’s Head Condominium) is yet another reminder that I should do a summary post collecting how well or poorly high ceilinged lofts with mezzanines have done in Th

huge renovation premium for (awkward?) 251 West 19 Street that last sold in 2010

Mar. 25, 2013
The math on the recently resold “1,630 sq ft” Manhattan loft #1D at 251 West 19 Street is pretty impressive: sold on February 27 at $1.76mm after a renovation by the folks who paid $830,000 for the loft as a bring-your-architect special on March 29, 2

5 terraces on 3 levels sell for $3.7 million at 29 West 19 Street (some interior loft space included)

Oct. 11, 2012
I am trying to look past the decor and focus on the interior space in the recently sold “2,042 sq ft” Manhattan loft Penthouse at 29 West 19 Street, but it’s hard: the decor is not especially loft-y and the exterior space is the “wow factor”, if

huge 205 West 19 Street loft sells at $200,000/window, but why?

Oct. 3, 2012
By any measure, the marketing campaign for the “3,500 sq ft” Manhattan loft #10F at 205 West 19 Street was a success. A full price contract in 4 weeks at $1,143/ft ($4mm) is the main measure, of course, but you could also say it sold for $200,000 for

Jade loft resale at 16 West 19 Street is a strong price, but off 7% since 2007

Jul. 31, 2012
The podilicious “1,336 sq ft” Manhattan loft #4E at 16 West 19 Street (Jade) just sold at a dollar per foot price that compares well to other resales in the building, but at a loss to the 2007 sponsor sale, illustrating the difficulty of figuring the

mystery sale at 130 West 19 Street: did Chelsea House private sale leave a bad comp in neighbors’ mouths?

Jun. 4, 2012
This will be short, as it is too late for an old guy to be blogging, but that’s what happens when you run around all day and don’t blog.... Very interesting sale of the “1,250 sq ft” Manhattan loft #6F at 130 West 19 Street (Chelsea House), intere

surprise: Jade loft re-sells +8% over 2007 purchase at 16 West 19 Street

Jun. 2, 2012
The “904 sq ft” Manhattan mini-loft #10C at 16 West 19 Street (Jade) just had a pretty successful resale, up 8.2% over the sponsor sale (with transfer fees) at the end of 2007. (Put aside for this discussion, please, that the recent seller paid nearly

Chelsea House loft re-seller takes 51 weeks to get 7.5% discount, closing pennies below 2007 purchase

May. 18, 2012
By the time the sellers of the “1,250 sq ft” Manhattan loft #9F at 130 West 19 Street (Chelsea House) blew out one candle, the loft had been in contract for 5 days, so the occasion was a happy one. Happier still, when the loft closed a month later, ta

NY Times on Chelsea penthouse leads me to wonder "what is a loft"?

Apr. 7, 2012
I will leave for another day the question of whether I have been consistent in calling this new development a loft but that new development not a loft, and get to my point for today: I enjoyed the On Location feature in Thursday’s New York Times, with a

strong loft resale at Lion's Head is +8% over 2007 resale

Apr. 2, 2012
I last hit the Lion’s Head in my December 23, 2011, Lion's Head loft resale up a tad since 2006 at 121 West 19 Street, in which the title told that story. Today’s story is even better, for potential sellers there, at least, as the “1,134 sq ft” Ma

Lion's Head loft resale up a tad since 2006 at 121 West 19 Street

Dec. 23, 2011
There was a frenzy when sales launched back in the day (2005), with people lined up down the block (and around the corner!) to get into the sales office. And there has been a healthy resale market ever since. The most recent participant is the “1,915 sq

Chelsea House loft at 130 West 19 Street bounces back from nuclear winter sale

Dec. 9, 2011
The two times the Manhattan loft #7A at 130 West 19 Street (the Chelsea House) has resold, both sales have been arithmetically positive, which has certainly not been the case for all resales at this 2006 new construction condo loft development. That first

Lion's Head loft sells above ask after changing firms

Nov. 2, 2011
Trust me: nobody cares about how real estate agents do other than real estate agents. The recent sale of the “1,511 sq ft” plus “170 sq ft” terraced Manhattan loft #2B at 121 West 19 Street (the Lion’s Head) looks to most folks like an above-ask

raise the price to get the price, as Lion's Head loft sells after oddly successful campaign

Sep. 2, 2011
This is one of those days on which I see Manhattan Loft Guy as a collector of curios, a collection of just one damn Bright Shiny Object after another. Today’s BSO is the “1,990 sq ft” Manhattan loft #2C at 121 West 19 Street (Manhattan Loft Guy fave

3 sales around the break-even point at Jade, 16 West 19 Street lofts

Aug. 28, 2011
There have been 3 August sales of Manhattan lofts in that oh-so-stylish 2007 new development Jade at 16 West 19 Street, one just below the sponsor sale price and two just above. Caption the pod experiment as “almost holding its own, so far...”. Three

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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