new Manhattan loft listings + closed sales in last 7 days

 
This is my sixtieth 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:

• there were 17 Manhattan lofts reported as new to the market in the last 7 days and only 8 as sold, in yet another (very big) turkey of a week
• 9 of the 17 new ones are offered between $1mm and $2mm, while 4 of the 8 closed sales were between $1mm and $3mm
• all 6 of the 17 new loft listings that are in new development are in the same new buidling (love the name, The Deuce), while 3 of the 8 closed sales are in new development
  
  

  By price	New = 17	Sold = 8
  $500k to $999k	2
  $1mm to $1.99mm	9	3
  $2mm to $2.99mm	1	1
  $3mm to $3.99mm	2
  $4mm to $4.99mm	2	3
  $5mm+	1	1

  
  

  By neighborhood	New = 17	Sold = 8
  Battery Park City
  Chelsea	1
  Clinton	6
  East Village	1
  Financial District
  Flatiron		1
  Gramercy
  Greenwich Village	2
  Kips Bay		3
  Little Italy
  Lower East Side	1
  Morningside Heights
  Murray Hill	1
  Midtown East
  Midtown West
  SoHo	1
  Sutton Place
  Tribeca	2	3
  Turtle Bay	1
  Upper East Side
  Upper West Side		1
  West Village	1

• 
  
   

• New loft listings in new developments

• 543 West 42 Street (The Deuce)

  6

   

• 
  
   

• Sold lofts in new developments 

  
  

  15 East 26 Street (15 Madison Square North)	2
  243 West 60 Street (Adagio 60)	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 2008