A group called Hope Street Ventures has signed up to pay $26 million for the 113,000-square-foot building at 59-65 Hope Street in Williamsburg that is particularly recognizable for its exterior stairs. Not surprisingly, they plan to convert is to residential condos, most of which will be two-bedrooms. We remember visiting a loft here in the late 1990′s where the occupant had his motorcycle collection and repair shop just feet from the mattress where he slept. But it was a big space and, as we recall, very cheap! GMAP
Industrial Building to Be Converted to Condos [Multi-Housing News]