new Manhattan loft listings + closed sales in last 7 days


This is my forty-sixth 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:


  • there were 42 Manhattan lofts reported as new to the market in the last 7 days and 41 as sold — the most active week in a while, with much of the action in Tribeca
  •  18 of the 42 new ones are offered under $2mm and 9 above $5mm, while 26 of the 41 closed sales were below $2mm
  •  only 10 of the 42 new loft listings are in new development, and 18 of the 41 closed sales are in new development

    By price
    New = 42
    Sold = 41
    $500k to $999k
    6 10
    $1mm to $1.99mm
    12 16
    $2mm to $2.99mm
    7 7
    $3mm to $3.99mm
    5 4
    $4mm to $4.99mm
    3 3
    $5mm+
    9 1

     
    By neighborhood
    New = 42
    Sold = 41
    Battery Park City
       
    Chelsea
    2  
    Clinton
    2 2
    East Village
    2 1
    Financial District
    6 4
    Flatiron
    2 4
    Gramercy
    1  
    Greenwich Village
    1 4
    Kips Bay
    1 4
    Little Italy
      4
    Lower East Side
      1
    Morningside Heights   1
    Murray Hill
      3
    Midtown East
       
    Midtown West    
    SoHo
    7 2
    Tribeca
    16 11
    Turtle Bay
       
    Upper East Side
    2  
    Upper West Side
       
    West Village
       

  •  

  • New loft listings in new developments
  • 45 John Street 3
    475 Greenwich Street (Zinc) 1
    67 Murray Street (Griffen Loft) 3
    1 York Street (One York) 1
    157 East 84 Street (The Legacy) 2
     


  •  

  • Sold lofts in new developments 


    90 William Street (be@William) 1
    16 West 19 Street (Jade) 1
    15 East 26 Street (Madison Square North) 3
    136 Baxter Street (Machinery Exchange Lofts) 4
    415 Greenwich Street (Tribeca Summit) 7
    25 Murray Street (Tribeca Space) 1
    247 West 115 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

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