Carlton arranges New York City loft deal
Buyer intends to restore former horse stable's original details
By Inman News, Wednesday, March 31, 2004.Inman News®
Carlton Advisory Services arranged the acquisition of 157 Hudson St., a 60,000-square-foot loft building located in the heart of TriBeCa in New York City.
The value of the transaction was $23 million.
This historically significant building originally housed American Express' horse stables in the 1800s. The New York City-based buyer, whose identity was not disclosed, intends to preserve the character of the property, restoring its many original details and accents.
The identity of the seller was not disclosed.
Carlton Advisory Services Inc. is a national real estate and loan sale investment banking firm specializing in debt and equity placement, investment sales, and commercial and residential loan sales.
Send a comment or news tip to our newsroom.
Please include the headline of the story.
All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.
You must login or register to post a comment.