Half of Belltel Lofts sold, 125 units to go

November 18, 2008 02:35PM

About 50 percent of the units in Downtown Brooklyn’s
250-unit Belltel Lofts have sold, developer Clipper Equity announced
today.
These units — studios through two-bedrooms, and averaging 1,252 square feet — represent 90 percent of the units released in Phase I of
sales, said Ilan Bracha, a managing director and founder of the Bracha Group at Prudential Douglas Elliman. Bracha is the exclusive marketing
and sales agent for the development. The residences in Phase II, which range from studios to
three-bedrooms and from 600 to 2,700 square feet, have now been
released for sale. Interiors were designed by Beyer Blinder Belle.
Amenities include a fitness
center, screening room and business center. Belltel Lofts at 365
Bridge Street
at Willoughby Street, which was built in
1929 and served as the headquarters for the New York Telephone Company, was landmarked in September 2004. Residences are available for immediate occupancy. Prices
range from $625,500 to $1.89 million, according to the Elliman Web
site. TRD