Simone planning residential conversion at 55 Warren.Continuing the expansion of its luxury residential portfolio in the New York Metropolitan Area New York–Northern New Jersey–Long Island is the most populous metropolitan area in the United States and the third most populous in the world, after Tokyo and Mexico City. , Simone Development Companies, a full service real estate investment company, has acquired a commercial property in the TriBeCa area of Manhattan to make way for the development of a new luxury residential building. This fall, Simone Development will begin demolition Demolition is the opposite of construction: the tearing-down of buildings and other structures. It contrasts with deconstruction, which is the taking down of a building while carefully preserving valuable elements for re-use. of a former commercial printing plant at 55 Warren Street and construct a new residential building consisting of six full-floor loft-style apartments including two penthouses with outdoor space. The new building is scheduled to be completed by late spring or summer 2007. Designed to blend with the historic architecture of the neighborhood's cast iron buildings, 55 Warren Street will spacious apartments with approximately 4,000 square feet of living space and high ceilings in excess of 12 feet. There will be a keyed elevator elevator, in machinery elevator, in machinery, device for transporting people or goods from one level to another. The term is applied to the enclosed structures as well as the open platforms used to provide vertical transportation in buildings, large ships, system with elevators that open onto each unit. Other amenities may include a gym for residents and individual wine storage. The residences will have the highest quality finishes and top-of-the-line appliances and fixtures. "We are very excited about our plans for developing 55 Warren Street into a first-class residential building in one of Manhattan's most sought after residential locations," said Joseph Simone, President of Simone Development Companies. The acquisition of 55 Warren Street follows the groundbreaking for One Hunters Point Hunters Point refers to the following places:
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. that have become choice residential destinations," said Mr. Simone. Headquartered in New Rochelle New Rochelle (rōshĕl`), city (1990 pop. 67,625), Westchester co., SE N.Y., on Long Island Sound; settled by Huguenots 1688, inc. as a village 1858, as a city 1899. , Simone Development is a full service real estate investment company specializing in the acquisition and development of office, retail, industrial and residential properties in the tri-state area There are a number of places in the United States known as tri-state areas where three states or holdings meet at one point (a tripoint), or in proximity to each other. The two most well-known are for the New York and Chicago metropolitan areas. . |
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