Sales strong at Sweeney Building in DUMBO. (Residential).

Sales of luxury loft condominiums at the Sweeney Building are surpassing all expectation, according to executive sales director Toby Klein. The building located at 30 Main St. in DUMB (the artsy neighborhood named for its location "Down Under the Manhattan Bridge Overpass") is the first opportunity to own newly converted luxury loft apartments in the neighborhood in over four years.

The 12-story turn-of-the-century factory building has 87 lofts. Penthouse G with its panoramic views has a 1,139-SF terrace with direct spiral staircase access from the living room. The first and second floors, in the building, have seven duplexes. These spaces are very attractive to young families and for "work-live" spaces. The average size of these apartments is 2,600 SF.

"I opted for space rather then view for my day-to-day living and I bought an additional roof top cabana for the view", said Ed Hernstadt.

"The Sweeney Building is a full service building with a health club and common roof deck; it contains 87 loft, duplex and penthouse units. Prices start at $560,000 to $2.285 million," said Klein.

She added the units range in size from 1,230 to 3,362 SF. David Walentas the developer with his discriminating taste and vigilant attention to detail is setting new standards in loft conversions. The lofts feature 11-foot ceilings, oversized windows, and kitchens outfitted with high-end stainless steel appliances; Sub-Zero, Thermador, Viking, Bosch, Broan and Franke, solid core birch doors custom designed hardware marble master baths with separate shower stalls and double sinks and fully outfitted laundry rooms all are some of the amenities found in each unit. The former industrial building has sweeping views of the East River, New York Harbor, the Brooklyn and Manhattan Bridges, and the Manhattan skyline all the way up to the Empire State Building.

One of the building's most unique and exciting features is the private rooftop cabanas. Known as "Tar Beach Cabanas," they are priced from $115,000 to $150,000 and include electricity and running water. Only two remain for sale. These cabanas are for sale to any owner in the building. Four of the eight penthouses also have their own cabanas, connected by interior spiral staircase; "These cabanas for sale will start a new trend in the city. They am a wonderful bonus attraction to buyers especially if they buy units without views. In addition they am a good boost to the bottom line for developers."

The neighborhood is growing ever more popular, due to its accessibility to Manhattan and the boom of exciting new businesses opening in DUMBO. At the new art venue, St. Ann's Warehouse; performances in recent weeks have included Al Pacino and Marisa Tomei in Salome, David Bowie and Laurie Anderson.

The New York Water Taxi has expanded to the neighborhood, connecting it to Wall Street/South Street Seaport (Pier 11), Battery Park (Pier A), World Financial Center (North Cove), West 22nd St. (Chelsea Piers) and West 44th St. (Pier 84).

"DUMBO captures the excitement of SoHo and the luxurious comfort of Tribeca" says Rafa Maciejak, Associate Sales Director. New businesses include the ABC Carpet & Home Warehouse store at 20 Jay St.; the DUMBO General Store on Main Street, a hip new eatery; Jacques Torres Chocolate, a chocolate factory and retail shop located at 66 Water St., Peas and Pickles, a 24 hour grocery; and other cafes, shops and galleries, are sprinkled throughout the cobblestone streets. Independence bank has just opened a full-service branch. Hadco is moving into One Mains coveted corner space. They are based in Atlanta and distribute high-end kitchen equipment in addition to hosting cooking classes and demonstrations. The Fulton Ferry State Park appeals to families with children with its park benches, playground, picnic tables and riverfront boardwalk. The Brooklyn Bridge Park, which is under construction now, will start at the foot of the Manhattan Bridge and continue around Brooklyn Heights to Atlantic Avenue will help knit the various Brooklyn neighborhoods together.

The new residences of the Sweeney Building will be ready for occupancy in February 2003, almost half are in contract. For additional information and appointments to view please contact Toby Klein at 718-222-5555, or visit www.sweeneybuilding.com.