new Manhattan loft listings + NO (!) closed sales in last 7 days

 
This is the sixty-fifth 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 include a gross anomaly:

• there were 28 Manhattan lofts reported as new to the market in the last 7 days and NONE as sold, which is either an unprecedented dead week for closings or a reflection of (an also unprecedented) terrible week for record-keeping (I generate last week’s closings by searching for closings within 14 days, but get zero for 7 days, so the zero result appears to be an accurate reflection of what is in the data base)
• 16 of the 28 new ones are offered between $1mm and $3mm and 5 above $5mm
• only 2 of the 28 new loft listings are in new development
  
  

  By price	New = 28	Sold = 0
  $500k to $999k	4
  $1mm to $1.99mm	10
  $2mm to $2.99mm	6
  $3mm to $3.99mm	1
  $4mm to $4.99mm	2
  $5mm+	5

   

  By neighborhood	New = 28	Sold = 0
  Battery Park City
  Chelsea	3
  Clinton	1
  East Village
  Financial District	1
  Flatiron	2
  Gramercy	1
  Greenwich Village	2
  Kips Bay	1
  Little Italy
  Lower East Side
  Morningside Heights
  Murray Hill	2
  Midtown East
  Midtown West
  SoHo	6
  Sutton Place
  Tribeca	4
  Turtle Bay	1
  Upper East Side	2
  Upper West Side	1
  West Village	1

• 
  
   

• New loft listings in new developments

• 49 Warren Street

  2

   

• 
  
   

• Sold lofts in new developments 

  
  

  
  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