Toll scion kicks off leasing at Steelworks Lofts

New York /
Nov.November 11, 2013 11:06 AM

The Steelworks Lofts rental conversion, developed by Jacob Toll, son of Toll Brothers chairman Robert Toll, has launched leasing, according to signs posted at the Williamsburg building.

Thor High Street Advisors is heading up leasing at the 83-unit, 130,000-square-foot building at 76 North 4th Street, named after the former Lewis Steel Products factory. Rental prices are unknown.

AvroKO, a Manhattan-based architectural firm that specializes in restaurants, designed the interiors, while Gene Kaufman Architects is pitching in a glass and metal panel on the fa├žade, Brownstoner reported.

Construction began last year, according to Brownstoner.

Toll and developer Cayuga Capital Management together acquired the note and deed in 2010 from Fifth Square Partners, which bought it for $26.5 million three years earlier. Fifth Square had sought to turn the factory site into an 88-unit condominium, before running into trouble during the recession, as previously reported. [Brownstoner]Mark Maurer


Related Articles

arrow_forward_ios
Vital Climbing Gym taking an entire warehouse in Brooklyn
Vital Climbing Gym taking an entire warehouse in Brooklyn
Vital Climbing Gym taking an entire warehouse in Brooklyn
Cayuga Capital files plans for three-story Williamsburg building
Cayuga Capital files plans for three-story Williamsburg building
Cayuga Capital files plans for three-story Williamsburg building
Punch Bowl Social opening first NYC location in Bushwick
Punch Bowl Social opening first NYC location in Bushwick
Punch Bowl Social opening first NYC location in Bushwick
Cayuga buys last parcel for Williamsburg office project
Cayuga buys last parcel for Williamsburg office project
Cayuga buys last parcel for Williamsburg office project
Bushwick trailblazer looks to unload portfolio stake for $14M
Bushwick trailblazer looks to unload portfolio stake for $14M
Bushwick trailblazer looks to unload portfolio stake for $14M
Placeholder image
Toll’s son has eye for design at W’burg conversion
Toll’s son has eye for design at W’burg conversion
Placeholder image
Jacob Toll to help bring stalled Williamsburg condo back as a rental
Jacob Toll to help bring stalled Williamsburg condo back as a rental
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...