W'Burg Warehouse On Market Again, for Lofts or Hotel?
That giant, early 1900s warehouse at 65 Hope Street, on the corner of Havemeyer, is on the market again—this time listed with Massey Knakal for $33 million with approved plans “to be converted into 92 residential condominiums and eleven parking spaces.” In 2006, it sold for $26 million, and in 2005 it sold for $14…
That giant, early 1900s warehouse at 65 Hope Street, on the corner of Havemeyer, is on the market again—this time listed with Massey Knakal for $33 million with approved plans “to be converted into 92 residential condominiums and eleven parking spaces.” In 2006, it sold for $26 million, and in 2005 it sold for $14 million. According to the listing, “The approved plans include amenities such as a gym, children’s play room, theatre room, and personal storage spaces. The commercial zoning designation also allows and opportunity for a hotel conversion.” At this rate, someone could buy it and put it back on the market again next year for $45 million!
Hope Street Bohemoth Sells for $26 Million [Brownstoner]
53-65 Hope Street Sells for $14 Million [Real Estate Weekly]
Did they fix the giant hole in the side wall yet? I thought the neighboring construction site (also on hold) had expanded or something because it looked like they were starting to tear this building down.
This area is going to be very overbuilt very soon — lots of inventory, all along the BQE.
I live around the corner for this place. Have been waiting for something to happen with it for years. Stop flipping it and make it happen already!
I love the outdoor staircases in this place. Totally cool.
fabulous building. huge. very cool. hope it gets fixed up soon.
Those yearly price increases are mind-boggling. These would make pretty awesome lofts though.