can you see me now?The NY Post today demonstrates the somewhat elastic use of language in even the real estate news on this tabloid, as today’s Just Sold feature includes a new development sale at The Oculus Condominium, 50 West…
Month: January 2009
December volume + absorption / loving the actual data
Noah The Numbers Guy comes through (again) If you are at all interested in the macro-economics impacting the Manhattan real estate market, you probably already have seen the terrific blog, UrbanDigs. Noah’s got a post yesterday that includes some…
Tagged with: Absorption, Appraiser, Closed, December, Inventory, Transactions, Urbandigs, Vanderbilt, Volume
Manhattan loft inventory as of January 11 = 863
Number of Manhattan lofts offered for sale as of Sunday night definitely reflect a new year: price range # of lofts $500k to $999k 137 $1mm to $1.99mm 310 $2mm to $2.99mm 203 $3mm to $3.99mm 88 $4mm to $4.99mm…
Tagged with: Inventory
30 days of Manhattan lofts sales / report coming … later
Quick note that I have prepared another spreadsheet with information on the 40 Manhattan lofts we show as sold and closed in the last 30 days (22 resales and 18 sales by developers), but I will sit on it…
new Manhattan loft listings + closed sales in last 7 days
This is my sixty-third 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: there were 29 Manhattan…
Tagged with: Adagio, Closed, Duane, East 26, Madison Square, New Listings, Sales, West 22, West 54, West 60
Corcoran nuggets: Manhattan loft market tracks overall, bigger does better
small nugget, thatThe third big firm quarterly market report, from Corcoran (pdf, here), is like Halstead’s in that it has little loft-specific information. (I hit Halstead’s dribs and drabs on January 7; there was more meat on The Miller’s bones,…
did developer leave a lot of money on the table in 2007?
pushing past the pastThere’s a resale that caught my eye, a new construction Manhattan loft that was marketed in 2006 and closed in 2007. This Tribeca unit closed in the first offering at $1,100/ft after the developer dropped the price…
set price off low comp or high comp? too pushy (or not) in Tribeca gets neighborly
comping is hardFascinating new listing for a Tribeca loft in a fairly recent high-end Manhattan loft conversion. They are asking above $1,250/ft for space that sold in the conversion at around $850/ft, probably with many of the same proper proper…
real nuggets as The Miller counts Manhattan lofts in 4Q report
consistent numbers + analysis … what a concept! Yesterday I hit the Halstead 4Q08 report (insofar as it addressed Manhattan lofts; i.e., not so much: nuggets from Q4 market reports / Halstead dribs + drabs). Short story: apart from…
Tagged with: Average Price Per Foot, Days On Market, Halstead, Miller Samuel, Q4, Terra, Transactions, Volume
nuggets from Q4 market reports / Halstead dribs + drabs
not very rawThe Fourth Quarter market report from Halstead (pdf, here) has typically infuriating summary data, with little raw material of specific interest about the Manhattan loft market. As a result, I can weigh in with guesses about what it means…
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