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Posted: May 5, 2008
Upside Ventures' office condos at Greenpoint Lofts reportedly 40% sold
A few months after closings began at Brooklyn's first commercial condominium building, Greenpoint Lofts is now 40% sold. The five-story corner building at 231 Norman Ave. in Greenpoint is the newest offering from Upside Ventures.
With units ranging from 600 to 1,150 s/f, Greenpoint Lofts is one of the first to offer the newest trend in commercial condominiums. The building provides small business owners and other entrepreneurs with an affordable alternative to Manhattan's surging rental rates.
The Greenpoint Lofts building, a pre-war loft structure that formerly housed self-storage units, will also serve as the anchor to a creative business center emerging in the Greenpoint neighborhood.
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