Real Estate Wire: Printhouse Lofts Development Sells Again; Downsizing Luxury Units
- Luxury condo developers are turning to smaller sized units in the face of record high land values and limited large sites. [WSJ]
- Is it real or is it a rendering? For those who think they have the eye, take this quiz. [WSJ]
- Clarion Partners has acquired the Printhouse Lofts development in Williamsburg from Greystone for $30.5M. This is the second time the building has changed hands in a year. [TRD]
- Lehman Brothers has put the NYLO New York City Hotel on the market. [Crain’s]
Images: A unit in the Printhouse Lofts (L); An apartment at 87 Leonard taking on the less-is-more approach (R)
