Case Study
285 North 6th Street
Warehouse to Office Conversion
Location
North Williamsburg, Brooklyn, NY
Building Size
35,000 square feet
Floors
5 stories
Project
- Vacant conversion of Artist Lofts to Modern Office usage.
- Renovated the Building Lobby, Elevator, Common Areas, Building Systems.
- Installed new state-of-the-art “View Glass” windows throughout building. -Installed a new retail storefront on the ground floor and created a Tenant Exclusive Courtyard.
- Launched a successful marketing campaign and leasing strategy for asset.
Results
- Upon completion of building renovations in 2018 the building’s vacancy rate dramatically lowered to 16%.
- As of 1Q 2019, the building is now 100% leased.
- Increased NOI by 339%.