new Manhattan loft listings + closed sales in last 7 days
This is my forty-eighth 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. Can you say "beginning of the Fall Market"??
The stats as of Sunday night:
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there were 31 Manhattan lofts reported as new to the market in the last 7 days and 17 as sold — a major slow down from recent weeks
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26 of the 31 new ones are offered below $3mm, while 15 of the 17 closed sales were below $3mm
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only 2 of the 31 new loft listings are in new development while 7 of the 17 closed sales are in new development
By priceNew = 31
Sold = 17
$500k to $999k7 2 $1mm to $1.99mm10 8 $2mm to $2.99mm9 5 $3mm to $3.99mm3 $4mm to $4.99mm2 2 $5mm+
By neighborhoodNew = 31
Sold = 17
Battery Park CityChelsea5 Clinton1 East Village1 Financial District2 Flatiron2 1 Gramercy2 Greenwich Village6 1 Kips BayLittle Italy3 Lower East Side3 Morningside Heights Murray Hill1 Midtown EastMidtown West SoHo7 Tribeca5 4 Turtle BayUpper East SideUpper West Side1 West Village3
- New loft listings in new developments
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90 William Street (be@william) 1 1 York Street (One York) 1
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Sold lofts in new developments
420 West 25 Street (Loft 25) 2 136 Baxter Street (Machinery Exchange) 2 75 Ludlow Street (Ludlow Lofts) 3
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: Baxter, Closed, Loft 25, Ludlow, Machinery Exchange, New Listings, Sales, West 25, William, York
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