new Manhattan loft listings + closed sales in last 7 days
This is my forty-fifth 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 "short holiday week"??
The stats as of Sunday night:
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there were only 19 Manhattan lofts reported as new to the market in the last 7 days and only 8 as sold — the second light week in a row and (again) the (new) lightest week I can remember
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17 of the 19 new ones are offered under $3mm, while 5 of the 8 closed sales were below $2mm
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only 1 of the 19 new loft listings is in new development, and only 1 of the 8 closed sales is in new development (second week in a row in which only one new development sold and one new development came to market)
By priceNew = 19
Sold = 8
$500k to $999k6 2 $1mm to $1.99mm5 3 $2mm to $2.99mm6 1 $3mm to $3.99mm1 $4mm to $4.99mm$5mm+2 1
By neighborhoodNew = 19
Sold = 8
Battery Park CityChelseaClinton1 East VillageFinancial District1 Flatiron1 1 Gramercy2 Greenwich Village2 1 Kips BayLittle ItalyLower East Side2 Morningside Heights 1 Murray Hill1 Midtown EastMidtown West SoHo2 1 Tribeca5 1 Turtle Bay1 Upper East SideUpper West Side2 West Village1 1
- 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
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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