According to a post on Curbed last month, the developer behind The Factory Lofts at 66 North 1st Street has gone bust, a theory supported, though, not confirmed, by the fact not a single apartment (out of 21 in the building) is showing up as sold on StreetEasy. (The project’s website has also gone down and we’ve also heard that the developers have been incommunicado.) Which is too bad, as far as we’re concerned. We love the original building and the addition, though Scarano-designed, worked fine in our view. The flop is in sharp contrast to the booming sales at another conversion project, Mason Fisk.
66 North 1st Street Lisings [StreetEasy] GMAP
Development Watch: Sky’s the Limit on North 1st [Brownstoner]
Williamsburg’s Factory Lofts Takes Ball, Goes Home [Curbed]