new Manhattan loft listings + closed sales in last 7 days
This is the eighty-third 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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there were 15 Manhattan lofts reported as new to the market in the last 7 days and only 9 as sold
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8 of the 15 new ones are offered between $1mm and $2mm, while 8 of the 9 sales were offered below $2mm (all 9 were below $2.5mm)
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none of the 15 new loft listings are in new development, and only 1 of the 9 closed sales were in new development
By priceNew = 15
Sold = 9
$500k to $999k2 3 $1mm to $1.99mm8 5 $2mm to $2.99mm2 1 $3mm to $3.99mm1 $4mm to $4.99mm$5mm+1
By neighborhoodNew = 15
Sold = 9
Battery Park CityChelsea2 Central Park South 1 ClintonEast VillageFinancial District1 Flatiron1 1 Gramercy1 Greenwich Village1 2 Kips Bay1 Little ItalyLower East SideMorningside Heights Murray Hill1 Midtown EastMidtown West Noho SoHo2 1 Sutton Place Tribeca2 1 Turtle BayUpper East SideUpper West Side1 West Village1 3
- New loft listings in new developments
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none
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Sold lofts in new developments
311 West Broadway (Soho Mews) 1
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. For my rant about how soft this data may be, see loft or not? caution: active ranting ahead.This week I adjusted for two Chelsea new loft listings that had duplicates; the dupes will probably show up in tomorrow’s inventory numbers but i don’t want to get into scrubbing those (much larger) numbers.
© Sandy Mattingly 2009
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