new Manhattan loft listings + closed sales in last 7 days
This is the seventieth 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 21 Manhattan lofts reported as new to the market in the last 7 days and only 9 as sold (after previous weeks of 7, 3, 7, 14 and zip)
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15 of the 21 new ones are offered between $1mm and $4mm, while all of the 9 sales were offered below $3mm (the second week in a row without higher priced closed lofts)
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only 1 of the 21 new loft listings is in new development, while 1 of the 9 closed sales was in new developments
By priceNew = 21
Sold = 9
$500k to $999k3 1 $1mm to $1.99mm4 7 $2mm to $2.99mm7 1 $3mm to $3.99mm4 $4mm to $4.99mm2 $5mm+1
By neighborhoodNew = 21
Sold = 9
Battery Park CityChelsea4 2 ClintonEast Village2 1 Financial District2 Flatiron1 3 Gramercy1 Greenwich Village4 1 Kips BayLittle ItalyLower East Side1 Morningside Heights Murray HillMidtown EastMidtown West SoHo5 Sutton Place Tribeca1 1 Turtle BayUpper East SideUpper West SideWest Village1
- New loft listings in new developments
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304 Spring Street 1
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Sold lofts in new developments
140 West 22 Street (Clement Clarke) 1 415 Greenwich Street (Tribeca Summit) 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.
© Sandy Mattingly 2009
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