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44 Trinity Pl. transforms again.

The eight-story building at 44 Trinity Place will soon undergo the third major transformation in its 130 year history.

The unusual structure, which occupies its full 19- by 97-foot thru-lot and extends all the way to Greenwich Street, was originally erected for occupancy by light manufacturing firms. In the 1940-|s, it was remodeled to provide space for offices and laboratories. From the 1970's to the present time, the upper five stories have been used as residential loft dwellings for artists under New York City's Interim Multiple Dwelling regulations, and the lower three stories have been leased to retailers.

Now the Trebor Realty Corp. plans to convert the lofts into rental apartments. The remodeled building will have four 2,000- square-foot floor through open-plan two bedroom apartments and an 800-square-foot penthouse studio. All of the apartments will have 11-foot ceilings and gourmet kitchens, and will be served by a new elevator.

The two restaurants and hair salon on the three lower stories will continue their occupancy during the conversion.

Dominick Maiellaro, vice president, Platt + White, architects and construction managers for the project, said that the building's proposed new Art Deco pediment and new stucco facade will give the building a touch of elegance.

Work on the building is scheduled to be begin in April.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Title Annotation:New York, New York commercial building under conversion to rental apartments
Publication:Real Estate Weekly
Date:Feb 17, 1993
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