When it comes to lofts New York has so many styles and sizes to choose
from. Usually they start out as commercial or industrial buildings that
are converted into apartments. What really apppeals to hese buyers is
the large open spaces with high ceilings. These are very popular with
artists as a place to live and work. Recently non-artists
have found this way of living to be very inviting and are choosing lofts
as well. If you enjoy space, hardwood floors and don't need other facilities
where you live then this would be a really good choice. In recent years
the new trendy buildings of Soho, Tribeca ad Chelsea have ben built
to include full-service living, including a full-time doorman, laundry
and maid service as well as gyms and recreation facilities.
Usually you'll find artists, professionals of all ages, singles, some
students living in loft style buildings.
Average cost for a 1-bed: $400K - $2+M
Monthly rent for a 1-bed: $2,500 - $4,500
Average size of a 1-bed: 800 -2000 or more sq. ft..
Lofts are found in Greenwich Village, SoHo, TriBeCa, Chelsea, Flat Iron,
and Lower Manhattan.
When you purchase a loft there are no special procedures to go through.
However, you have to be certain about permits relating to working and
living in your space.
Renting lofts is generally fairly straight forward. Owners are usually
individuals not corpoartions.
POST WAR BUILDINGS OFFERING SOME LUXURY
BROWNSTONES AND TOWNHOUSES