Wednesday, May 17, 2006

Buyers snapping up lofts - NY

Some people quietly wondered if upscale loft condominiums would sell in Lansingburgh.
For the Powers Park Lofts, the jury is in.
"The big news there is we only have six units left to sell," said developer and Troy native Deane Pfeil. "The most expensive ones are going first."
The historic four-story building at 387 Third Ave. between 109th and 110th streets is known as the former Ready Jell Products building. Around the seven-story brick tower are 18 loft condos, approximately 1,300 to 2,100 square-feet, that sell for $161,500 to $292,000.

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