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Manhattan Loft Guy

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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Manhattan Loft Guy

comparing 2Q Manhattan loft data + overall market / the case of the missing lofts

Jul. 10, 2009
Categorized in: Market Data - reports
The three major firm market reports for the Second Quarter 2009 came out last week, essentially at the start of the holiday weekend. You've probably seen enough of the general media commentary about The Cliff The Manhattan Real Estate Market Just Fell Off

comparing nuggets / 4Q Manhattan loft data + overall market

Jan. 23, 2009
Categorized in: Market Data - reports
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

real nuggets as The Miller counts Manhattan lofts in 4Q report

Jan. 8, 2009
Categorized in: Market Data - reports
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

more about that Second Quarter / Manhattan loft data

Aug. 14, 2008
Categorized in: Market Data - reports
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.

about that Second Quarter / data party like it is 2006

Aug. 13, 2008
Categorized in: Market Data - reports
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

why so hard to count Manhattan residential real estate sales?

Apr. 15, 2008
Categorized in: Market Data - reports
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

Mothra v. Godzilla, or the epic battle over Manhattan sales volume reports

Apr. 14, 2008
Categorized in: Market Data - reports
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.

Q1 Manhattan market reports highlight high prices + major caveats

Apr. 11, 2008
Categorized in: Market Data - reports
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.