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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Jun. 30, 2008
The number of Manhattan lofts offered for sale as of June 29 is again (still) essentially unchanged.
Jun. 23, 2008
The number of Manhattan lofts offered for sale as of June 22 is 749 -- (still) essentially unchanged since my first count on May 19, which was 745.
Jun. 16, 2008
Number of Manhattan lofts offered for sale as of Sunday night is essentially unchanged in the last month.
Jun. 10, 2008
There were 748 Manhattan lofts offered for sale as of Sunday, essentially unchanged since mid-May.
May. 19, 2008
My first useful report about the number of Manhattan lofts offered for sale establishes a base line of 745, with more than one-third from $1 to $2 million and about 70% under $3 million.
Apr. 13, 2008
There were 25 Manhattan lofts reported as new to the market in the last 7 days and only 11 as sold; 14 of the 25 new ones are offered under $2mm, while 9 of the 11 closed sales were between $1mm and $3mm; only 3 of the 25 new loft listings are in new deve
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
Apr. 6, 2008
There were 50 Manhattan lofts reported as new to the market in the last 7 days and 20 as sold;32 of the 50 new ones are offered between $1mm and $3mm, while 15 of the 20 closed sales were under $3mm;only 4 of the 50 new loft listings are in new developmen
Mar. 30, 2008
There were 42 Manhattan lofts reported as new to the market in the last 7 days and only 7 as sold; 35 of the 42 new ones are offered below $3mm and 4 are over $6.999mm, while 5 of the 7 closed sales were under $3mm; only 4 of the 42 new loft listings are
Mar. 25, 2008
Categorized in: Market Trends
Over at Matrix, Jonathan Miller links to a chart he did for Crain’s New York Business showing that the number of coops and condos available for sale in Manhattan has gone up 15% from the end of December to the end of February, though still at relative h
Mar. 18, 2008
Does Manhattan coop and condo inventory follow calendar patterns? Not so much....
Jan. 7, 2008
The last time I talked at any length about [Manhattan coop and condo] inventory was seven months ago.... That post linked to a Jonathan Miller chart on Curbed that showed inventory as of May 2007 well below the five year average of 5,598 units for sale. S
Dec. 12, 2007
Following on yesterday’s post about Big Media ‘reading’ The Market (making sense is hard / NYT vs WSJ on The Manhattan Market), here is some hard data about the median price for closed sales in all of Manhattan, by quarter, broken down by size of ap
Nov. 11, 2007
Data on the October real estate market in Manhattan reported in the New York Times shows that a stable market continues.
Oct. 3, 2007
through September 30 there have been 10,912 sales of apartments in Manhattan, which is nearly 15% more sales than in the highest full year to date
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. 3, 2007
3,469 closed sales [p 2 of 12 in BHS Q2 report]
3,939 closed sales, more than double the second quarter of 2006 [NY Post, quoting Miller Samuel, whose report is not yet on their website]
Th... [Read More]
Jun. 9, 2007
Manhattan inventory down to 5 year average
Jonathan Miller’s most recent chart offered up for whack-a-mole treatment on Curbed (Three Cents Worth: Inventory Drops Like a Rock) is graphic evi... [Read More]
Nov. 20, 2006
Categorized in: bubble talk
my excess is bigger than your excess
That NY Times piece Sunday, Changing Course to Avert a Glut, provides some comparative data about condo development in Manhattan, Las Vegas and Miami (on the t... [Read More]
Nov. 20, 2006
Categorized in: bubble talk
condo pipeline is an issue
The NY Times piece yesterday, Changing Course to Avert a Glut, addresses macro-level questions about what may happen if all the planned condominium apartments in Manhatt... [Read More]
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