Real Estate Wire: Printhouse Lofts Development Sells Again; Downsizing Luxury Units

November 7, 2014
  • 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)

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