original loft asking prices are working with about the same frequency To my mind, an asking price for a Manhattan loft is successful when it generates an offer from a qualified buyer that leads to a contract (more successful if…
Category: market trends
simple, right? don’t measure Market Trends by asking prices
but the NY Post doesn’t know that I did a quick hit on my Manhattan Loft Guy Facebook page after reading this November 28 puff piece from the NY Post, Apartments experiencing the ‘fastest market adjustment ever’, because I’m a skeptical guy (in…
more on the $5 million Manhattan loft market, a year over year look
difficulty at the $5 million level is not a new phenomenon for Manhattan lofts My post on Tuesday considered whether the December string of downtown Manhattan lofts that took a long time to sell around $5 million that I noticed…
Tagged with: Bond, Cooper Square, days on, East 16, East 24, Fifth, Franklin, Greene, Greenwich, Hudson, Jonathan Miller, Laihgt, market, Price Drops, unrealistic seller, West 18, West 23, West 24, Worth
$5 million data points: unrealistic Manhattan loft sellers or market softening?
the numbers are intriguing One of the story lines coming out of the Manhattan Media Division of the Real Estate Industrial Complex has been about supply in the luxury market (specifically, in new developments), with the (often implicit) question about…
Tagged with: Beach, Days On Market, Duane, East 11, Greenwich, Hudson, Jonathan Miller, Laight, Mercer, N Moore, New Developments, Price Drops, Seventh, unrealistic seller, Washington, West 13, West 18, West 23, Wooster, Worth
for variety, 123 Baxter Street loft sells down 5% over 2008
Sandy Mattingly
Posted in loft features outdoor space, lofts in other neighborhoods, market data aggregators, market trends
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not all Manhattan lofts are from Lake Wobegon Just as the mirror has two sides, the loft niche in the residential real estate market in Manhattan has many sides. Some are above-average, and those sales that outperform The Market and/or…
142 Duane Street loft up 48% since 2005, 35% since 2008
Sandy Mattingly
Posted in kitchens, loft features space, loft neighborhoods tribeca, loft style, market trends, one bed wonders, pricing analysis
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another Manhattan loft that draws outside the lines The lovely and classic Manhattan loft #4A at 142 Duane Street just off prime Tribeca has now sold 3 times going back to 2005, 4 times back to 2000. Continuing my recent…
Tagged with: 2000, 2005, 2008, Ceiling, Classic, Columns, Duane, Kitchen, Renovation, streeteasy index, tin ceiling, Windows
Chainworks loft at 144 West 18 Street sells in a delightful series for market watchers
Sandy Mattingly
Posted in loft neighborhoods chelsea, market data reports, market trends, pricing analysis
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one Manhattan loft building can be a microcosm, indeed The recent sale of the “3,097 sq ft” Manhattan loft #2E at 144 West 18 Street (the Chainworks Building) for $4.6mm ($1,485/ft) got me to wondering if any of the recent…
creating great value in 39 East 12 Street loft by doing a great build-out
Sandy Mattingly
Posted in loft features space, loft neighborhoods village, loft style, market trends, pricing analysis, renovation opportunities and rew
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Conventional Wisdom is sometimes right: add value by renovating a loft, reap the benefits on resale While it did not work out for the folks who sold yesterday’s loft after dressing it up (October 14, long story about a small…
classic loft project at 644 Broadway sells above ask after difficult price discovery
Sandy Mattingly
Posted in kitchens, loft neighborhoods noho, market trends, pricing analysis, renovation opportunities and rew
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the story is longer than it looks from a quick look Maybe there’s a trend being born here, about downtown Manhattan lofts that have more trouble than typical buy-it-or-it’s-gone loft (or, a trend dying with this post). Today’s loft, submitted…
in praise of StreetEasy, not to bury it
Sandy Mattingly
Posted in internet and blogosphere, manhattan real estate business, market data reports, market trends
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much beleaguered, of late I’ve been mulling over a post about the many and various changes to StreetEasy that seem to have dropped (thudded) into the lives of so many fans of the Manhattan residential real estate market, but that’s…
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