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Wall St. property converted from commercial to residential.


Thirteen live-work lofts were recently completed at 15 Dutch Street in the Wall Street area of Manhattan. The conversion of this six-story office building into legal lofts was completed by the office of chroma Short for "chrominance." The attributes of a color, which include its hue (frequency) and saturation (amount of black). See hue and saturation.  AD.

This 1957 building now has 13 modern lofts that range from 1,400 to 1,600 square feet. Tax incentives and revisions to the home office requirements created by the Mayor's Revitalization Plan of 1995 prompted conversions of pre- 1961 buildings from vacant office buildings into legal residential lofts in Lower Manhattan Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York. Lower Manhattan is generally defined as the area delineated on the north by Chambers Street, on the west by the Hudson River (North .

The Wall Street neighborhood, characterized by tall buildings, dark streets and piercing rays of natural light, was the inspiration for these "luminous white boxes." Wall-to-wall windows and 11-foot ceilings take advantage of all available daylight. Highly reflective epoxy-resin floors bounce light throughout each loft. Monolithic black kitchens and honed-black granite vanities punctuate punc·tu·ate  
v. punc·tu·at·ed, punc·tu·at·ing, punc·tu·ates

v.tr.
1. To provide (a text) with punctuation marks.

2.
 and contrast these "cloud-like" spaces.

Following the removal of commercial hung-ceilings, board-formed concrete beams were exposed for the first time, many up to 30 inches deep. Kitchens, bathrooms and open-spaces were located to harmonize with the existing ceiling beams and columns. Modern "L-shaped" plans were created for loft types A and B. Types C and D are rectangular in plan, with a center colonnade colonnade (kŏlənād`), a row of columns usually supporting a roof. Colonnades were popular with the Greeks and Romans, who employed them in the stoa and the portico; they have continued to be used throughout the Middle Ages, the  and a free-floating kitchen. Walk-in dressing rooms equipped with industrial Speed-Rail fittings provide privacy and ample storage. Monumental bathrooms are finished with imported porcelain tiles, custom-designed lighting and six foot granite counters.

Designed as live-work spaces, all units have category five cable with high-speed ISDN ISDN
 in full Integrated Services Digital Network

Digital telecommunications network that operates over standard copper telephone wires or other media.
 capability, allowing tenants to plug-in to the new Wall Street "Silicon Alley An area in New York that has become known for its companies devoted to multimedia and the Internet. It is located in Manhattan's "Soho" district, which does not stand for Small Office Home Office, rather it is SOuth of HOuston Street. " just two blocks away. In addition, five-line telephone/data outlets are installed throughout. Other amenities include skylights, ceiling fans, air conditioners, refrigerators with water/ice dispensers, microwaves, garbage disposals and washer/dryers. A rooftop garden with spectacular views of the Twin Towers, Woolworth and Municipal buildings will also be available to all tenants.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the developer, Francis Greenburger of Time Equities, "These open spaces, completely finished to a high standard, will appeal to tenants who appreciate the latest in modern design. Those tenants have been an eclectic group of predominately European and not necessarily Wall Street types. They are an Italian film-maker, a Danish businessman, a Swiss model and artist, two British bankers, a Canadian Film Company, a London-based photo agency and an American doctor."

chroma AD is a New York-based design studio led by Alexis Briski. Since the firm's inception, they have completed projects 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.
, Canada and Mexico.
COPYRIGHT 1999 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1U2NY
Date:Jan 20, 1999
Words:413
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