Agent

Lofty ideal lost on developers

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A while back, I got a solicitation from a local real estate agent whose client was ostensibly in the market for a "loft." The agent described her buyer's ideal loft -- apparently without irony -- as having "at least two bedrooms, two baths, (and) 1,500-plus square feet." I wondered why the agent bothered using the term "loft" when it sounded more like her client was really in the market for a huge condo apartment, if not a fair-sized house. Webster defines loft as "an upper room or floor" or "one of the upper floors of a warehouse or business building, especially when not partitioned." The real estate and development industries, on the other hand, seem to define loft as "a chic new label that can be applied at will to a standard housing formula." Initially, the entire point of developing lofts -- and perhaps we should be precise and call them commercial or industrial lofts or live/work spaces -- was to utilize Ameri...