new Manhattan loft listings + closed sales in last 7 days


This is my fortieth 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
.
blame the family
The stats as of Sunday night Monday (spent the weekend visiting Our Youngest in Miami Beach; though a well-employed "business consultant", her internet "doesn’t work" in her apartment !?!?):


  • there were 22 Manhattan lofts reported as new to the market in the last 7 days and 31 as sold (another unusual week, with more sales than new listings [the second in a row], though this week 12 sales were in a single new development)
  • half of the 22 new ones are offered below $2mm and half above $2mm, while 25 of the 31 closed sales were below $3mm
  • only 3 of the 22 new loft listings are in new development, while 14 of the 31 closed sales were in new development (12 at be@William)

    By price
    New = 22
    Sold = 31
    $500k to $999k
    2 9
    $1mm to $1.99mm
    9 7
    $2mm to $2.99mm
    3 9
    $3mm to $3.99mm
    5
    $4mm to $4.99mm
    1 5
    $5mm+
    2 1


    By neighborhood
    New = 22
    Sold = 31
    Battery Park City
       
    Chelsea
    5 2
    Clinton
       
    East Village
    1 2
    Financial District
    4 13
    Flatiron
    1 2
    Gramercy
       
    Greenwich Village
    2 2
    Kips Bay
    1  
    Little Italy
       
    Lower East Side
    2  
    Murray Hill
       
    Midtown East
       
    Midtown West    
    SoHo
      4
    Tribeca
    4 6
    Turtle Bay
    2  
    Upper East Side
       
    Upper West Side
       
    West Village
       

    New loft listings in new developments
    25 Broad Street (The Exchange) 1
    250 East 49 Street 2

    Sold lofts in new developments
     
    90 William  Street  (be@William) 12
    101 Warren Street 1
    25 Murray Street (Tribeca Space) 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


Posted in market data reports Tagged with: , , , , , , , , ,

Leave a Reply

Your email address will not be published. Required fields are marked *

*