new Manhattan loft listings + closed sales in last 7 days
This is my thirty-ninth 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 21 Manhattan lofts reported as new to the market in the last 7 days and 31 as sold (an unusual week, with more sales than new listings, though 20 sales were in a single new development)
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13 of the 21 new ones are offered below $2mm, while 26 of the 31 closed sales were below $2mm
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9 of the 21 new loft listings are in new development, while 24 of the 31 closed sales were in new development (20 at be@William)
By priceNew = 21
Sold = 31
$500k to $999k5 13 $1mm to $1.99mm8 13 $2mm to $2.99mm4 4 $3mm to $3.99mm2
$4mm to $4.99mm$5mm+2 1
By neighborhoodNew = 21
Sold = 31
Battery Park CityChelsea1 1 ClintonEast Village1 Financial District4 21 Flatiron2 1 Gramercy1 Greenwich Village3 2 Kips BayLittle ItalyLower East Side2 Murray HillMidtown EastMidtown West 1 SoHoTribeca1 4 Turtle Bay4 Upper East SideUpper West Side2 West Village1
New loft listings in new developments45 John Street 1 60 Ann Street 1 25 Broad Street (The Exchange) 1 173 MacDougal Street 1 137 Duane Street 1 315 East 46 Street (Alexander Plaza) 4
Sold lofts in new developments90 William Street (be@William) 20 209 East 2 Street 1 1 York Street 1 475 Greenwich Street (Zinc) 2
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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