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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May. 11, 2009
There were 21 Manhattan lofts reported as new to the market in the last 7 days and only 9 as sold; 11 of the 21 new ones are offered below $2mm, while 4 of the 9 sales were offered between $1mm and $2mm; 5 of the 21 new loft listings are in new developmen
Apr. 27, 2009
There were 18 Manhattan lofts reported as new to the market in the last 7 days and 10 as sold; 10 of the 18 new ones are offered between $1mm and $2mm, while the 10 sales were offered between $1.125mm and $3.25mm; only 2 of the 18 new loft listings are in
Apr. 6, 2009
By The Miller's count, only one of every four lofts sold in Manhattan in the quarter was a resale. Put another way, there was essentially no market for Manhattan lofts in coops to start 2009 (some of those resales were condos, of course, while none of the
Apr. 5, 2009
There were 26 Manhattan lofts reported as new to the market in the last 7 days and 13 as sold (continuing a strong trend of weak sales numbers: after previous weeks of 7, 7, 12, 7, 9, 7, 3, 7, 14 and zip); 15 of the 26 new ones are offered below $2mm, whi
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.
Apr. 1, 2009
For the 30 days prior to March 12, 2009 our inter-firm data base reported as Sold and Closed Manhattan "lofts" 21 resales and only 10 developer/sponsor sales in new developments, compared to the 13 and 21 reported for February, the 22 and 28 reported in J
Mar. 30, 2009
There were 39 Manhattan lofts reported as new to the market in the last 7 days and 7 as sold (see where this is going? ... after previous weeks of 7, 12, 7, 9, 7, 3, 7, 14 and zip); 30 of the 39 new ones are offered between $1mm and $3mm, while 3 of the 7
Mar. 21, 2009
I have set up the skeleton of my next 30-days-sales report of actual Manhattan loft sales, which will be from March 12. As of now, there are (appear to be) 21 resales andI have set up the skeleton of my next 30-days-sales report of actual Manhattan loft s
Mar. 16, 2009
There were 31 Manhattan lofts reported as new to the market in the last 7 days and 12 as sold (after previous weeks of 7, 9, 7, 3, 7, 14 and zip); 20 of the 31 new ones are offered between $1mm and $3mm, while 6 of the 12 sales were offered between $1mm a
Mar. 9, 2009
There were 38 Manhattan lofts reported as new to the market in the last 7 days and only 7 as sold (after previous weeks of 9, 7, 3, 7, 14 and zip); 20 of the 38 new ones are offered between $1mm and $3mm, while all of the 7 sales were offered below $3mm (
Mar. 2, 2009
There were 21 Manhattan lofts reported as new to the market in the last 7 days and only 9 as sold (after previous weeks of 7, 3, 7, 14 and zip); 15 of the 21 new ones are offered between $1mm and $4mm, while all of the 9 sales were offered below $3mm (the
Feb. 23, 2009
There were only 9 Manhattan lofts reported as new to the market in the last 7 days and only 7 as sold (after previous weeks of 3, 7, 14 and zip); 6 of the 9 new ones are offered between $1mm and $4mm, while all of the 7 sales were offered below $3mm; only
Feb. 16, 2009
There were 23 Manhattan lofts reported as new to the market in the last 7 days and only 3 as sold (after previous weeks of 7, 14 and zip); 19 of the 23 new ones are offered between $1mm and $3mm, while the 3 sales were offered between $1mm and $3mm; only
Feb. 9, 2009
There were 25 Manhattan lofts reported as new to the market in the last 7 days and only 7 as sold (after last week's 14 and the previous week's shut out); 16 of the 25 new ones are offered between $1mm and $3mm, while 3 of the 7 sales were offered between
Feb. 2, 2009
There were 42 Manhattan lofts reported as new to the market in the last 7 days (the highest week for new listings since October) and 14 as sold (after last week's shut out); 25 of the 42 new ones are offered between $1mm and $3mm and 13 above $3mm, while
Jan. 26, 2009
There were 28 Manhattan lofts reported as new to the market in the last 7 days and NONE as sold, which is either an unprecedented dead week for closings or a reflection of (an also unprecedented) terrible week for record-keeping (I generate last week's cl
Jan. 18, 2009
There were 19 Manhattan lofts reported as new to the market in the last 7 days and only 12 as sold, a slow week for closings; 12 of the 19 new ones are offered between $1mm and $3mm, while 9 of the 12 closed sales were below $3mm; only one of the new loft listings is in new development, while 7 of the 12 closed sales are in new development
Jan. 11, 2009
There were 29 Manhattan lofts reported as new to the market in the last 7 days and 23 as sold, as activity on both sides increases in the new year; 19 of the 29 new ones are offered between $1mm and $3mm, while 15 of the 23 closed sales were between $500k
Jan. 5, 2009
There were only 10 Manhattan lofts reported as new to the market in the last 7 days and only 9 as sold, in (cumulatively) the slowest two weeks of last year (in 2007 the last full week ended December 30, with only 2 new listings and 6 closings in that ver
Dec. 22, 2008
There were 17 Manhattan lofts reported as new to the market in the last 7 days and only 8 as sold, in yet another (very big) turkey of a week; 9 of the 17 new ones are offered between $1mm and $2mm, while 4 of the 8 closed sales were between $1mm and $3mm
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