new Manhattan loft listings + closed sales in last 7 days
This is the seventy-sixth Manhattan Loft Guy 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 16 Manhattan lofts reported as new to the market in the last 7 days and only 5 as sold (continuing a strong trend of weak sales numbers: after previous weeks of 13, 7, 7, 12, 7, 9, 7, 3, 7, 14 and zip)
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14 of the 16 new ones are offered below $3mm, while 3 of the 5 sales were offered between $3.5mm and $4.2mm
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only 1 of the 16 new loft listings are in new development, while 3 of the 5 closed sales were in new development
By priceNew = 16
Sold = 5
$500k to $999k4 $1mm to $1.99mm5 2 $2mm to $2.99mm5 $3mm to $3.99mm2 $4mm to $4.99mm1 1 $5mm+1
By neighborhoodNew = 16
Sold = 5
Battery Park CityChelseaClinton1 East VillageFinancial DistrictFlatiron3 Gramercy1 Greenwich Village1 1 Kips BayLittle ItalyLower East Side1 Morningside Heights Murray HillMidtown EastMidtown West Noho 1 SoHo6 1 Sutton Place Tribeca3 Turtle BayUpper East Side1 Upper West SideWest Village1
- New loft listings in new developments
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34 Greene Street 1
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Sold lofts in new developments
140 West 22 Street (Clement Clarke) 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 rant about how soft this data may be, see loft or not? caution: active ranting ahead.
© Sandy Mattingly 2009
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