Thursday, March 22, 2007

The Hit Factory being turned into condos..

I was walking by the Hit Factory yesterday and voila .. you can now live where legends were made.

http://www.thehitfactorycondo.com/

:Info:
For $1 million to $4 million, you can now own a slice of the studio where Stevie Wonder, John Lennon and Billy Joel recorded their songs. The Hit Factory, a legendary recording studio, is living on as a luxury condominium after shutting its doors in 2005. The building will include 27 loft-style residences including six penthouses. You don't find condos cooler than these. "The area (Hell's Kitchen) has lots of hip restaurants and it's growing increasingly upscale," said Michael Stribling, executive vice president of Stribling Marketing Associates. "People want to be there now."

The Hit Factory will offer an expansive 2,000-square-foot roof deck, keyed-entry elevators and a fully equipped fitness center. Stribling says there's already strong interest in the project. Where else could you find a condo where the Rolling Stones, U2 and Mariah Carey once walked the halls?

Further south, in posh Chelsea, lies a new complex called The Caledonia that's drawing younger buyers (mostly 28 to 45 years old). With a pet spa, an Equinox Fitness Club and natural stone and wood elements selected by the Irish designer Clodagh, it's not hard to see why it would attract the younger set. One intriguing feature in the graceful building is a lounge with hand-selected volumes of art, style, fashion and design books from the Assouline Archive.

Location is another part of the appeal. "The location is near the Meatpacking District, with its upcoming boutiques and restaurants," said Susan de Frana, president of Related Residential Sales. "We're at the nexus where things are happening."

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