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whose renovation is it anyway? the resale question

CW vs. MLGI had an off-line dialog with a Manhattan Loft Guy reader about his renovation plans. His question was whether using privacy glass that can be shaded at the push of a button (as used in the Manhattan loft

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more computation challenges: asking $1,100+/ft after next door sells under $900/ft

metaphysics 101: possible, yes (isn’t everything?) but likely, not so muchThere’s a Manhattan loft new to market in an up-and-coming loft nabe (at least Manhattan Loft Guy thinks so). Lovely space; lovely views. Problem is that it features been-there-done-that (didn’t

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40 West 17 St sells, but it's beginning to look a lot like Christmas … 2004

June 2004 price + 6% = July 2009The Manhattan loft #9A at 40 West 17 Street sold in June 2004 for $1.435mm and last week for $1.525mm. Let that sink in for a second…. I know you can’t really do

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when charm is not enough, cut and cut again

There’s a lovely (truly charming) Manhattan loft for sale that has had rather a lot of trouble finding it’s correct positioning in The Market. I’d say not for lack of trying, as it has been on the market (on, and

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perfectly bad timing for 19 Bond Street to flip

in this one of the 8 million stories, June 2008 less 14% = April 2009The Manhattan loft #2A at 19 Bond Street is one of those poster children. In fact, it is at least two of those poster children. The

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price discovery is (still) a female dog / flailing in Flatiron

not finding buyers at that level, or that oneThere’s a lovely classic Manhattan loft for sale (nearly all of) the last 9 months. It has always been difficult to value lofts in small buildings that don’t have a lot of

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new Manhattan loft listings + closed sales in last 7 days

  This is the seventy-sixth Manhattan Loft Guy report on the number, price distribution and neighborhood distribution for Manhattan lofts reported as new to the market or as closed sales in the last 7 days.The stats as of Sunday night:

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some sellers are not adapting

2009 does not equal 2007 + renovation + $$$, does it?I was refreshed yesterday to find a Manhattan loft offered at 80% of its 2007 price (some sellers are adapting). Let’s swing the emotional dial the other way for today’s

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how much is that renovation in the window?

adding modest value, or too modest about the value added?There’s a Manhattan loft newly for sale that is asking about $1,300/ft and is described as newly renovated. The prose is rather muted for a renovation (the kitchen, for example, is

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new at 1 Hudson not quite the top

I have removed the content of this blog post, as it comments about the current listing of another agent. For information about why, check out end of an era for Manhattan Loft Guy / a new day dawns? from April

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