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Manhattan Loft Guy

133 West 28 Street loft sale shows the squeeze in 2-bedroom buyers

Sep. 10, 2013
I am as much a fan of broker babble as the next guy (or Guy) and I appreciate enthusiastic attempts to make linguistic lemonade out of limited assets. The babble for the recently sold and hotly contested Manhattan loft #5C at 133 West 28 Street (probably

Flower District mini-loft sells above ask but flat to 2007 at 131 West 28 Street

Aug. 15, 2013
I can never top Shark Week, but this is the third post in a row about a Manhattan loft that sold above asking price. In the other two posts (August 12, from raw to mints, 14 Jay Street loft doubles in value, and August 14, difficult penthouse loft sells a

New York Times explains "how to land a loft"

Aug. 3, 2013
The headline feels like Manhattan Loft Guy bait, at least to me: the latest Michelle Higgins Sunday real estate piece in the Old Grey Lady is How To Land A Loft (in tomorrow’s physical paper, on-line now of course). The thesis is that in a tight Manhatt

West 28 Street development site in the news (again)

Jun. 15, 2013
Of course I started thinking about the past Manhattan Loft Guy series about how developing neighborhoods (such as the typical Manhattan loft neighborhoods) develop, that is to say, change, when I saw this piece in the Commercial Observer about potential h

Flower District loft at 133 West 28 Street sells at small discount after 11 months, 2 firms, only a $5,000 drop

Apr. 30, 2012
It is impossible to know this kind of thing from the outside, but there is a reason that the “1,300 sq ft” Manhattan loft #6C at 133 West 28 Street took nearly a year to sell without any meaningful change in asking price. I wish I knew the story behin

NY Post goes into the way back machine: Flower District in 1979

Mar. 8, 2012
Wonderful piece in today’s New York Post real estate section about an artist / mystery writer and wife who moved into a Flower District loft in 1979 that had last been a furrier’s vault. The raw space then featured no heat or hot water and 2 “indust

development watch: West 28 Street, between 6th & 7th Avenues

Dec. 20, 2011
Some stories are perennials. For the Manhattan media wing of the Real Estate Industrial Complex it might be one merging trend (families move to suburbs for quiet!) or its opposite (families move back to city because suburbs are too quiet!). For someone wi

151 West 28 Street loft sells at $694/ft, $400,000 short of triple mint

Dec. 15, 2011
The recent sale of the “1,845 sq ft”* Manhattan loft #2W at 151 West 28 Street (Groff Studio) is a rather clean indication of how The Market values condition, as its create-your-dream marketing campaign competed directly with an upstairs neighbor’s

despite failed contract, 133 West 28 Street small loft sells above ask in a refreshingly efficient market

Aug. 8, 2011
It is not every day that you see a Manhattan loft sell at full price after a failed contract, even less often do you see a loft sell above the ask after a failed contract. Well, today is today (not every day) and the loft in question is the Manhattan loft

stubborn flower district loft seller holds for sale at 133 West 28 Street with rooftop garden

May. 7, 2011
We’ve been here before: sometimes the Conventional Wisdom (“conventional” because it is common; “wisdom” because it is … errr … wise) is wrong. Conventional Wisdom holds that a professional, broadly exposed, marketing campaign of 3 months es

126 West 22 Street loft deal shows opposite approaches to market while keeping it local

Feb. 17, 2011
The recent sale of the Manhattan loft 126 West 22 Street #3S (Chelsea Flats) at $2mm on January 19 is intriguing for a few reasons. For one thing, everyone seems to like the (greater Chelsea) neighborhood, as the buyers moved here from 8th Avenue at West

is Chelsea Mercantile off 25% since 2007?

May. 5, 2009
I have long believed that the Chelsea Mercantile conversion of the old Veteran's Administration building into residential lofts on Seventh Avenue at 24th and 25th Streets 'created' a new market for (lower) 'north Chelsea'. (From back in the day, when I ta

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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