New Listings + Sales of Manhattan lofts in last 7 days

For information about how I get this stuff and why I slice it as I do, see methodology for New + Sold in The Last Seven Days. I have addressed irritating things about collecting and parsing “loft” data in past reports, but here’s another thing that messes with my data: some “loft” buildings have listings denominated “loft” and listings that are not said to be “lofts”. I can’t control for those things, as I am sure I do not notice them every time.

Take 1 York Street, a new development built behind and above a retained façade just below Canal Street at 6^th Avenue. Unit #5C is for sale in the inter-firm data base as a “1,589 sq ft” “two bedroom” apartment, though the building is said to be a (new, not converted) “loft”. In contrast, #3C is for sale as a “1,589 sq ft” “loft” – though they look the same on the BHS website, which describes the building not as a loft but as a “hi-rise”. #4B and #5B show the same schizophrenia, as do #3B and #5B. Go figure.

The stats as of Sunday night …

New loft listings in new developments

Sold lofts in new developments

© Sandy Mattingly 2007