From the archives: Rethinking loft measurement in cubic form

Two brokers in Douglas Elliman’s downtown office are pushing for a new way to measure property- by volume rather than square footage.

Leonard Steinberg and Herve Senequier, who specialize in selling lofts, say that measuring space according to its “cubic factor”, or cubic footage, provides a more accurate value of an apartment’s worth. Read the full story from the July 2003 issue here.