The Real Deal New York

Williamsburg warehouse reborn as luxury rental complex

Leasing to kick off at Printhouse Lofts next month

May 05, 2014 05:55PM

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139 North 10th Street

139 North 10th Street

A 104-year-old former warehouse in Williamsburg is back online following a long-delayed conversion to luxury rentals.

Commercial lender and developer Greystone teamed up with HTO Architect PLLC and Durukan Design to convert the 139 North 10th Street property into 36 loft-style apartments. Most will come in the form of one-bedrooms, with prices starting at $2,600 per month. A handful of two- and three-bedroom apartments will also be available. While no renderings have surfaced juset yet, the units are said to preserve the warehouse’s industrial interior, including exposed beams, oversized tilt-and-turn windows, exposed brick columns and 13-foot ceilings. Two of the ground-floor units will have 50-foot-long glass solariums, while one on the fifth floor is to boast a 225-square-foot terrace, according to Curbed.

The planned building conversion hit a snag under previous owner Ramon Maislen, who did not have the funds to buy out its artist tenants. Maislen consequently sold the property to Fortis Property Group in 2011 for $6.1 million. Fortis then flipped the building in 2013, selling to Greystone for $15.8 million, as The Real Deal reported at the time. [Curbed]Kerry Barger

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