May. 7, 2009 - counting errors at Soho Mews / "lofts" + 2 BR "apartments"

look away to avoid a rant
When I do my regular weekly report of sales and new listings for Manhattan lofts as of Sunday, the report will include 2 "lofts" reported today within the inter-firm data base as having sold at Soho Mews, 311 West Broadway. But it will not include 5 sales in the same new development also reported today, because those sales were characterized as "2 BR" instead of as "loft". Arrgghhh.

All 7 of these units are marketed by the same firm. 6 of the 7 are in two lines, with identical floor plans within each line on these floors, yet one of 3 is designated a "loft" in each of the two lines, while the others are "2 BRs". I hate when this happens.

The website for the project makes it clear that the developers think they are selling "Lofts, Townhouses and Penthouses" and none of these seven units is a penthouse or townhouse. Especially with smaller numbers of sales of late, this kind of thing screws up the data. (But I still think it is right to avoid making my own judgments about what to include as "lofts", because doing that is [a] introducing yet another level of uncertainty, and [b] much too difficult.)

End of rant. Resume normal scrolling.

© Sandy Mattingly 2009

Nov. 14, 2009 - RE: counting errors at Soho Mews / "lofts" + 2 BR "apartments"