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. 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.
Aug. 13, 2008
It is (more than?) about time that I commented on the Q2 Manhattan real estate reports, as I have been chewing on them for quite a while (and we are halfway through Q3). The most interesting take-away for me is how well 2008 is doing (so far) compared to
Jul. 10, 2008
Ever since I began counting new listings and closed sales for Manhattan "lofts" last October I have been aware of -- and irritated by -- the definitional problems in doing such a 'simple' thing.
Jun. 13, 2008
In a world hungry for real-time data, Barbanel's occasional articles referencing "last month's" Manhattan coop and condo sales data as recorded with the City's Department of Finance provide just a smidgen of a hint of a taste.
Apr. 15, 2008
I got so caught up in micro-'analysis' yesterday that I did not get around to considering the factors that make it so hard to get accurate numbers about something as 'simple' as counting the number of coops and condos in Manhattan that closed between Jan
Apr. 14, 2008
More on the difference between reported sales volume in different first quarter Manhattan residential real estate market reports, now at the level of a true dispute, complete with trash-talking.
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. 11, 2008
3 major reports on the Manhattan residential sales market in the first quarter of 2008 trended similarly on price (up, or way up) but not on volume. Worse, they use such different numbers as to confound any reasonable person.
Apr. 2, 2008
Categorized in: In the news (me)
I did a 15 minute cell phone interview about The State of The Market this morning with Inman News. (I focused on Manhattan lofts, of course.) I wonder how it will turn out.
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
Jan. 3, 2008
The big story for me in the last round of quarterly market reports for Manhattan coop and condo sales was that demand remained at historical highs for each quarter of 2007 (by then). The new numbers for the 4th Quarter of 2007 show that demand slowed from
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
Oct. 23, 2007
Here is the Miller Samuel data for the number of loft sales in Manhattan by quarter and by year, back to 1998.
Oct. 5, 2007
There are very significant differences in reporting here about what is – in reality but not in reporting – a single market. Compare the percent-change numbers for transactions between Miller Samuel and Corcoran – 66% vs. 20% shows different worlds. The percent-change in average sales prices are all over the map.
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
Oct. 2, 2007
The key number from Terra is average price per foot for lofts, $1,128 in the third quarter, up 8% year-over-year but essentially flat the last three quarters ($1,129 in Q1, $1,118 last quarter). ... They report that the overall average sales price is up in Manhattan, both year-over-year and quarter-over-quarter, measured on both a median sales price and average sales price.
Aug. 14, 2007
bring down the duck
The really old among you will remember that Groucho Marx TV show from about (forty-five?) years ago (and the really old without CRS will remember the name of it – You Bet... [Read More]
Aug. 9, 2007
general market stats vs. one loft experience
I checked out #3 at 43 West 21 Street (for listing details, pix and floor plan, scroll down through Properties for Sale here)when I got an email floggi... [Read More]
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]
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