data point: 6 lofts in contract yesterday

(asking prices) for what it is worth….

21 Jay Street #PH-W
$5.75mm and $3,452/mo (condo) for “4,100 sq ft” plus terrace
on the market since October 2006 (2 firms; $6mm, then $6.495mm)

17 East 16 St 7^th floor
$4.95mm and $3,300/mo for “4,000 sq ft”
on the market since August 2006 (2 firms; $5.95mm)

92 Greene Street #PH-6
$4.05mm and $1,806/mo for “1,984 sq ft” in new development (Mercer Greene)
on the market since April 2006 (2 firms; $3.7mm)

225 Fifth Avenue #7J
$3.98mm and $3,044/mo (condo) for “1,922 sq ft” at the Grand Madison
on the market since June 22

119 Chambers Street #2
$2.995mm and $1,767/mo for “2,240 sq ft” in a new development (with virtual doorman, wine cellar)
on the market since June 15 ($2.785mm)

(bringing up the rear)
130 Jane Street #3B
$799k and $1,224/mo for “771 sq ft”
on the market since Sept 9 (this time; did not sell at from $799k to $749k from Oct 2005 through August 2006)

© Sandy Mattingly 2007