New York, New York
on matters of interest to Manhattan coop or condo loft apartment dwellers, buyers, sellers, and others, especially about New York City real estate
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Aug. 23, 2009
It has been quite a while since I posted loft-closings-in-last-30-days, but I have not stopped keeping track of Manhattan residential lofts as they close. While there are many limitations in the data (discussed below), the collection is worthwhile enough
Apr. 4, 2009
Using the Miller Samuel more rich data set, the Manhattan loft niche over-performed on median sales price (the overall Manhattan market was up 3.1% YoY), on average price per foot (the overall market was down 2.3% YoY), on days on market (the overall mark
Mar. 7, 2009
For the 30 days prior to February 11, 2009 our inter-firm data base reported as Sold and Closed Manhattan "lofts" 13 resales and 21 developer/sponsor sales in new developments, compared to the 22 and 28 reported in January, and the 24 and 19 reported in D
Jan. 23, 2009
The loft niche is under-reported in two of three Manhattan quarterly market reports, so comparisons among the firms is difficult (The Miller wins, by default, essentially). The Miller Samuel 156 loft sales must have a very different mix from the unknown n
Jan. 8, 2009
Key numbers for me are Manhattan loft transaction volume (yes, there is a market, still) and days on market (but The Market is much slower). Consistent with the Manhattan coop and condo market as a whole, loft closings were at an increasing discount from
Dec. 18, 2008
A week ago I set up a spreadsheet on Google Docs as a way to retain and order data that I look at periodically -- namely, recent actual sales of Manhattan lofts. Since then I have been toying with how to share it with MLG readers in a way that will be bot
Aug. 14, 2008
Yesterday I (finally) hit the big firm reports on Manhattan real estate transactions (and other stats) from the Second Quarter of 2008 .... Today it is whatever data is reported through the Big Three Firms ... specifically on the Manhattan loft market.
Apr. 11, 2008
The Miller Samuel data show that year-over-year Manhattan loft volume was essentially flat, lofts took a shorter time to sell, while loft inventory was up incrementally. In contrast, the overall market as presented by Miller Samuel shows market transactio
Dec. 19, 2007
I posted on October 11 about the Manhattan loft “toddler of a listing” at 79 Laight Street #3A, which was first to market in September 2006 at $4.75mm, then quickly reduced to $4.5mm at which it held for nearly a year before dropping in September 2007
Oct. 11, 2007
Manhattan loft for sale at 79 Laight Street is in contract.
Jul. 11, 2007
crunch, crunch Miller, crunch, crunch Samuel
I have finally gotten to spend a little time staring at the fourth page of the Miller Samuel Second Quarter Manhattan Market Overview, the page with th... [Read More]
Jul. 5, 2007
The Miller Samuel “Manhattan Overview” report for the Second Quarter has still not hit its website, but Inman News today has two more tidbits from that report about Manhattan apartment... [Read More]
Nov. 16, 2006
Categorized in: On The Market
the 6 months sale that was pretty quick
Today’s NY Times ‘Residential Sales’ feature includes a studio sale at 160 Bleecker that was on the market “24 weeks”. I check... [Read More]
Nov. 13, 2006
Categorized in: On The Market
like a Time & Newsweek cover coincidence, almost
In addition to Sunday’s NY Times ‘On The Market’ that featured #15M at 319 E 46 St, which I mentioned yesterday (real loft di... [Read More]
Oct. 24, 2006
Parsing the most recent Miller Samuel report for the Manhattan coop and condo apartment market, one comparison caught my eye as unusual.
In Q3 06, the average Days on Market for coop apartments... [Read More]
Oct. 16, 2006
fuzzy math makes things less clear
It seems as though there should be a simple answer to the question “how long has this loft been on the market?” But not in this town.
Rumor has i... [Read More]
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