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HFZ's Gramercy Rental-to-Condo Conversion Launches Sales

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Name: 88&90 Lex
Location: 88-90 Lexington Avenue
Developer: HFZ Capital
Architect: workshop/apd
Size: two buildings; one 13 stories, 74 units and the other 18 stories 122 units
Prices: $1.855 million - $5.75 million, with more expensive units to come
Sales & Marketing: Corcoran Sunshine Marketing Group

The first 12 of the the 196 total units in the two-building rental-to-condo conversion known as LexLofts just hit the market with prices ranging form just under $2 million to just under $6 million. Gone are the originally planned "studio penthouses," and the apartments are now a mix of one-, two-, three-, and four-bedrooms, with the smallest weighing in at 972 square feet and the largest at 2,606 square feet. The apartments, converted from rentals by workshop/apd, feature high ceilings and such fancy bonuses as electronic solar shades.

· Listings: 88&90 Lex [official]
· First Look at Manhattan's Newest Rental-to-Condo Conversion [Curbed]