DLJ Real Estate Capital Partners acquired the 56,550 s/f residential loft building
for $41 million.
The typical floorplate on a loft building
is much larger, and tends to be more in the shape of a square than a rectangle.
One of the hottest spots in West Hollywood, Calif., on Friday nights is not a trendy club but a loft building
on Fairfax Avenue that houses City Yoga.
The building at 154 Avenue E is the site of the former Maidenform factory that was developed into a modern residential loft building
in 2009 by developer Doug Stern, of Stern Capital, and Leon Cohen (CSR Group).
Originally built as horse tables for the patrons of the hisotric Ladies Mile shopping district, 136 West 24th Street is now a five-story elevator loft building
with eight units.
And it will occupy a chunk of the Rosen family's 135 Madison Avenue loft building
Ariel Property Advisors has been retained to sell 388 Canal Place, a commercial loft building
spanning 31,250 s/f in The Bronx's Mott Haven neighborhood.
The mixed use loft building
is located in between Wyckoff Avenue and Irving Avenue.
The CBRE Outer Boroughs team of John Reinertsen and Joshua Kleinberg have been retained as the exclusive agents to market a multi-story commercial loft building
in Long Island City.
The first, a 12-story, 45,000 s/f loft building
located at 114-116 East 25th Street optioned for $48 million.
"This offering presents a rare opportunity to acquire an unencumbered, 47-foot-wide loft building
in one of the most popular and renowned neighborhoods in the world," said Eastern Consolidated chairman and CEO Peter Hauspurg, who along with David Schechtman, Lipa Lieberman, and Abie Kassin represent the seller.