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New fund buys SoHo building to create loft offices.


LDS LDs

See: Liquidated damages
 Investment Group LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a newly formed commercial real estate investment fund, announces that it has acquired 148 Lafayette Street in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
.

Located in Manhattan's SoHo district, the 152,000 s/ft building with typical floors of 12,000 s/f will feature the most exclusive loft office space in the city, including state-of-the-art heating and air conditioning air conditioning, mechanical process for controlling the humidity, temperature, cleanliness, and circulation of air in buildings and rooms. Indoor air is conditioned and regulated to maintain the temperature-humidity ratio that is most comfortable and healthful.  systems, new windows, restrooms and elevators and a renovated facade.

When upgrades and renovations are completed in fall 2007, 148 Lafayette Street will offer the best that the city has to offer in terms of location, type of office space and quality of management.

"This is an exciting opportunity for our new fund. The building combines loft office advantages and location with updated amenities and an efficient work environment," said Jeffrey Sussman, president of LDS. Louis Dreyfus Properties, an affiliate of LDS, will be the developer of 148 Lafayette Street. It has developed, acquired and managed first-class office buildings in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  and Europe for over 35 years.

The company's portfolio consists primarily of high quality office buildings in central business districts and major urban locations, which have included New York City; Fairfield and Westchester Counties; Washington, DC; Miami; Chicago; Portland, Oregon; Montreal; Toronto; Paris and London. It has also built and developed for ownership a number of hotels in partnership with Four Seasons Hotels and Resorts The creator of this article, or someone who has substantially contributed to it, may have a conflict of interest regarding its subject matter.
It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view.
.

148 Lafayette Street is owned by an investment group including Bruce E. Toll, founder and vice chairman of Toll Brothers, Inc., and affiliates of LDS/Louis Dreyfus.
COPYRIGHT 2007 Hagedorn Publication
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:New fund buys SoHo building to create loft offices.
Publication:Real Estate Weekly
Date:Mar 28, 2007
Words:254
Previous Article:Buyer to keep Gramercy building as rental property.
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