Stamford's lofty heights.Half the units at Stamford's first urban loft experience, The Metropolitan, have been pre-sold, less than two months since the start of pre-construction sales. Seth G. Weinstein, principal of Hannah Real Estate Investors A real estate investor is someone who actively or passively invests in real estate. An active investor may buy a property, make repairs and/or improvements to the property, and sell it later for a profit. , the Stamford based real estate development and investment company, made the announcement. Weinstein has joined with partners, Paxton and Ray Kinol, and Summer Partners, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control to develop The Metropolitan, located at 1515 Summer Street. The developer is converting an empty 66,000 s/f office building into 40 luxury condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. residences. Twelve town homes will be built adjacent to the main building. Conversion of under-utilized office buildings to residential uses has been a trend in Manhattan, but The Metropolitan represents one of the very first projects of this kind in Stamford. "I am thrilled thrill v. thrilled, thrill·ing, thrills v.tr. 1. To cause to feel a sudden intense sensation; excite greatly. 2. To give great pleasure to; delight. See Synonyms at enrapture. by the extraordinary pre-sales of The Metropolitan," said Weinstein. "The Metropolitan will be Stamford's most sophisticated living experience that will appeal to both young professionals and empty nesters empty nester n. Informal A parent whose children have grown and left home. Noun 1. empty nester - a parent whose children have grown up and left home . I am extremely delighted by this positive pre-development response." Redevelopment is scheduled to begin this month with condominium occupancy planned for the end of 2006. Sales are being handled by the New Homes Division of William Raveis Real Estate. |
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