new Manhattan loft listings + closed sales in last 7 days This is my fifty-first 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 s

• there were only 23 Manhattan lofts reported as new to the market in the last 7 days and only 9 as sold — the slowest action in a long time and nearly all in resales
• 20 of the 23 new ones are offered below $3mm, while 7 of the 9 closed sales were between $1mm and $3mm
• only 4 of the 23 new loft listings are in new development, and 2 of the 9 closed sales is in new development
  
  

  By price	New = 23	Sold = 9
  $500k to $999k	4
  $1mm to $1.99mm	5	3
  $2mm to $2.99mm	11	4
  $3mm to $3.99mm	1	1
  $4mm to $4.99mm		1
  $5mm+	2

  
   

  By neighborhood	New = 23	Sold = 9
  Battery Park City
  Chelsea	3	4
  Clinton
  East Village
  Financial District	7	1
  Flatiron	1
  Gramercy	1
  Greenwich Village	1
  Kips Bay
  Little Italy
  Lower East Side
  Morningside Heights
  Murray Hill
  Midtown East
  Midtown West
  SoHo	4
  Tribeca	4	3
  Turtle Bay	1
  Upper East Side
  Upper West Side		1
  West Village	1

• 
  
   

• New loft listings in new developments

• 90 William Street (be@William)	1
  45 John Street	1
  415 Greenwich Street (Tribeca Summit)	1
  1 York Street (One York)	1

   

• 
  
   

• Sold lofts in new developments 

  
  

  25 Murray Street (Tribeca Space)	1
  520 West 19 Street (520 West Chelsea)	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