Month: May 2009

Manhattan overall inventory down March-to-April (slightly)

just a nugget, not a trend (yet?)The Wall Street Journal’s on-line article Tuesday about a national trend in a decline in the number of homes for sale in 29 cities was based on a source that has no Manhattan data,

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Manhattan loft inventory as of May 10 = 1,024

  Number of Manhattan residential lofts offered for sale as of Sunday night continues to reflect a bulging inventory, up again very slightly to a record high:   price range # of lofts $500k to $999k 160 $1mm to $1.99mm 390

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new Manhattan loft listings + closed sales in last 7 days

   This is the eightieth 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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at 260 Park Avenue South 2006 = 2009

up, then down (probably not flat)The Manhattan loft #4-I at 260 Park Avenue South sold in March $2,000 lower than these sellers paid in July 2006. Had they been marking to market all along (tracking their real estate investment), they

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counting errors at Soho Mews / “lofts” + 2 BR “apartments”

  look away to avoid a rantWhen I do my regular weekly report of sales and new listings for Manhattan lofts as of Sunday, the report will include 2 "lofts" reported today within the inter-firm data base as having sold

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pretty efficient (depressed) market at 505 Greenwich Street as both 6F and 7F sell, off 25%

compare and contrast, upstairs and down, now and thenHere’s another take on the theme of my neighborly competition thread (more links below): two all-but-identical Manhattan lofts at 505 Greenwich Street had overlapping marketing histories, prices and success, suggesting that even

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Manhattan loft inventory as of May 3 = 1,010

  Number of Manhattan residential lofts offered for sale as of Sunday night continues to reflect a bulging inventory, with most of the increase this week in the low and very high end of the market:   price range # of

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is Chelsea Mercantile off 25% since 2007?

one data point says ‘yes’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

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new Manhattan loft listings + closed sales in last 7 days

  This is the seventy-ninth 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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May 4, 1970 12:34 PM Ravenna, Ohio

if you are old enough, you will remember what happened then at Kent State University. (If not, Wiki is your friend.) Could my memory be right? I have a strong recollection of learning about it that afternoon from looking over

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