new Manhattan loft listings + closed sales in last 7 days
This is my fifty-second 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 only 21 Manhattan lofts reported as new to the market in the last 7 days and only 16 as sold — a second consecutive week of very slow action in a long time — and nearly all the new listings in resales
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12 of the 21 new ones are offered between $1mm and $3mm, while 7 of the 9 closed sales were between $1mm and $3mm
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only 1 of the 21 new loft listings is in new development, but 9 of the 16 closed sales are in new development
By priceNew = 21
Sold = 16
$500k to $999k2 5 $1mm to $1.99mm3 6 $2mm to $2.99mm9 4 $3mm to $3.99mm3 1 $4mm to $4.99mm1 $5mm+3
By neighborhoodNew = 21
Sold = 16
Battery Park CityChelsea1 2 ClintonEast Village1 Financial District2 4 Flatiron3 Gramercy1 Greenwich Village3 Kips BayLittle ItalyLower East Side1 Morningside Heights 3 Murray Hill1 Midtown EastMidtown West SoHo2 2 Sutton Place 1 Tribeca4 3 Turtle Bay1 Upper East SideUpper West Side1 West Village1
- New loft listings in new developments
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1 York Street (One York) 1
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Sold lofts in new developments
20 West Street (Downtown Club) 3 90 William Street (be@William) 1 247 West 115 Street (Delany Lofts) 3 25 Murray Street (Tribeca Space) 1 101 Warren Street 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 most recent rant about how soft this data may be, see loft or not? caution: active ranting ahead.
© Sandy Mattingly 2008
Tagged with: Bewilliam, Closed, Delany, Murray, New Listings, Sales, Tribeca Space, West 115, William, York
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