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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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
Apr. 3, 2009
The number that jumped out at me when I got to see Corcoran's Manhattan real estate market report for the first quarter of 2009 (pdf, here) is their count of what looks like closed sales, by month.
Jan. 10, 2009
Corcoran's loft-specific information is limited to average and median sales prices and average price per foot for 4 sizes of lofts, on only a year-over-year comparison. The data for the loft segment (on p5 of 13) and the overall Manhattan market (on p4 of
Jan. 7, 2009
So what does it mean? I infer that the strong data (overall Manhattan loft average price per foot; median sales prices in nabes other than Greenwich/East/West Village) is driven by new development sales, which -- of course -- were 'set' by contracts signe
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. 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. 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
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
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]
Oct. 26, 2006
The Miller Samuel quarterly report that just came out about coop and condo sales in Manhattan shows how volatile key numbers can be with such a small sample as the subset of Manhattan LOFT sales in... [Read More]
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