a mutual admiration society is revealedIf you are a fan of Manhattan lofts (that’s everybody, right?), you are familiar with the work of architect Joseph Pell Lombardi. He worked on the conversion or construction of the Mohawk Atelier at 161…
Tag: New Development
a Manhattan loft pioneer (of a different sort) remembers, records
Tagged with: 1950s, 1960s, 1970s, Architect, Essay, History, Joseph Pell Lombardi, New Development, Soho, Tribeca
developer’s remorse? Gansevoort loft sells +50% over 2009 sponsor sale at 325 West 13 Street
fill in the blank: timing is …?The title question is not quite a Philip K. Dick level inquiry, but I have to wonder if developers have feelings, after noting the resale of the “2,236 sq ft” duplex Manhattan loft #1…
Tagged with: 2009, Duplex, Gansevoort, Garden, Greenwich, New Development, Outdoor Space, Resale, Sponsor, West 13
surprise: Jade loft re-sells +8% over 2007 purchase at 16 West 19 Street
small loft with a big podThe “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…
40 Mercer Street news: nothing says successful new development like a 7-figure gain since 2007
nothing to sneeze at hereIt is impressive that the “1,745 sq ft” Manhattan loft #21 on the 5th floor at 40 Mercer Street just sold at a gain of $800,000 over the 2007 sponsor sale, of course. How much more…
Tagged with: 2007, Agent, Comps, Exposure, Floor Plan, Layout, Mercer, Neighbor, New Development, Resale
Chelsea House loft re-seller takes 51 weeks to get 7.5% discount, closing pennies below 2007 purchase
the birthday was a happy oneBy 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…
Tagged with: 2006, Apartment, Chelsea House, Efficient, Floor Plan, Layout, New Development, Rational, Resale, West 19
will it be lofts? new residential development to replace “asylum” at 124 West 16 Street
not worth $1,000/ft (as is)In looking at newly filed deeds this weekend to update the Master List of Manhattan Lofts Sold Since November 2008 (17 loft resales filed last week!), I came across this odd one: The French Evangelical Church…
Tagged with: Architect, Building Permit, David Howell, Demolition, East 22, East 24, New Construction, New Development, West 16
2011 new development loft, nicely flipped at 23% at 16 West 21 Street
take the money and runOne never knows what condo investors plans are, as some people who intend a quick flip end up being constrained by market forces working against them and others who plan on a longer term take opportunistic…
Tagged with: Broker Babble, Flip, Investor, Longandnarrow, New Development, Photography, Square Feet, West 21
loft at 4 West 21 Street an outlier, closes 9% off 2006
can we just put them in red?One of the major challenges with considering market values of Manhattan loft (whether you are an agent representing a seller, a buyer, or one of the many interested bystanders), is figuring out which sale…
Tagged with: 2006, 4w21, Den, Floor Plan Efficient, Maintenance, New Development, Operating Budget, Paired Resale, Resale, West 21
NY Times on Chelsea penthouse leads me to wonder “what is a loft”?
structural columns, open space, big windows are not enoughLong-time Manhattan Loft Guy readers know that I am a loft snob, yet that I recognize that there is no universal definition (that I am aware of, at least) as to what…
Tagged with: Architect, Chelsea, New Construction, New Development, Penthouse, Piedatierre, Renovation, Taxonomy, West 19, West 22
7-figure discount gets 15 Union Square West loft sold after 3 years
reading the writing on the (glass) wallsI checked via The Google: although the duplexed “2,282 sq ft” Manhattan loft #3D at 15 Union Square West is the 7th loft in this oh-so-luxe 36-unit condo conversion to close below my $5mm…
Tagged with: Castiron, Ceilings, Conversion, Duplex, History, New Development, Tiffanys, Union Square, Union Square West, Windows
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