The former warehouse at 139 North 10th Street will launch next month as 36 loft rental apartments, joining the ever growing list of born-again boom projects. Development firm Greystone finally did what two previous owners could not, and converted the 104-year-old warehouse from artists lofts to luxury rentals. HTO Architect PLLC executed the conversion, which preserves industrial elements like exposed beams, oversized tilt and turn windows, exposed brick columns, and 13-foot ceilings, and Durukan Design created the interior spaces. Most of the units will be one-bedrooms, for which prices start around $2,600 per month. There will be six two-bedrooms, starting at about $4,000, and two three-bedrooms, which will rent from approximately $5,950. There are no interior renderings yet, but two of the ground floor units will have 50-foot-long glass solariums, and one fifth-floor unit has a 225-square-foot terrace. All units have stainless steel appliances, farmhouse sinks, and natural stone countertops. Building amenities include a virtual doorman, video intercom system, laundry machines, bike storage, and a 2,500-square-foot of roof deck.
A conversion of the building has been in the works for more than five years. The original owner, Ramon Maislen, planned to convert the building, but he couldn't afford to buy out the artist tenants or actually fund the conversion. So he sold the building to Fortis Property Group in 2011 for $6.1 million. Public records show that Fortis sold it to Greystone just last year for $15.8 million. The building dates to 1910, which the brokerbabble calls "a momentous year: William Taft was president, The Boy Scouts incorporated, Paul Bunyan folklore was born and Printhouse Lofts originally joined New York's industrial scene brick by mortared brick." Because a Brooklyn warehouse is definitely as important as the Boy Scouts.
· Printhouse Lofts [official]
· 139 North 10th Street coverage [Curbed]