The Price for a Red Hook Warehouse? $11.8 Million

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The three-story brick warehouse at 202 Coffey Street, on the corner of Ferris Street in Red Hook, just hit public records for $11.8 million. And we already know what’s happening to the 86,000-square-foot space! Last week Curbed posted interior shots of the building, which will be converted into five different artist studios, workshops and display spaces. The architects, Adjmi and Andreoli, plan to fix up the interior and reopen the windows. The conversion should be complete by late 2013 or early 2014. The architects are also undertaking the residential conversion of the New York Dock Company building on Imlay Street, which will be converted to condo units and artists’ studios. Update: The building developer is EST4TE FOUR, an international firm that specializes in creative spaces.
Inside Two Red Hook Conversion Projects [Brownstoner] GMAP

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