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What is a Loft Apartment?
What is a loft apartment? At the most basic level a loft apartment differs from a regular apartment because of the open layout. Lofts are open floor plans with few if any walls separating the living, dining, living and sleeping areas. The open floor plan of a loft gives it a stylish look that many residents enjoy. In general loft apartments are older buildings that were once commercial properties. In the last 5-10 years many historic and industrial buildings that were once vacant, have now been converted into upscale loft apartments. The development of loft apartments has been a boost to local economies, revitalized downtown areas, and brought new life to historic districts. Lofts are normally 4 to 12 story buildings, with sometimes higher than average ceilings. Large windows are often a feature of lofts and the interiors are designed to provide the occupants maximum access to exterior light. Interior layout and design are usually a important key feature of loft apartments. Many lofts have hardwood floors, natural brick walls and exposed ceiling beams. Particular attention is also paid to hardware details such as fixtures and lighting. Many loft apartments are located near business, nightlife and entertainment areas. Because of the urban locations loft apartments are often favored by young professionals and business people. The luxury of loft apartments also appeals to the style conscious and art enthusiasts. In New York City there are many lofts in the Soho, Tribeca and Chelsea districts. Some lofts especially in arts districts have tenancy regulations such as status as a full-time artist. There are also many loft apartments of other major US Cities, such as Chicago, St. Louis, Houston and Dallas. Diane Sims provides information for apartment hunters, and people seeking to buy or sell a home in Texas. More information is available at: Houston Lofts and Dallas Lofts
MORE RESOURCES: Meet the real estate broker’s interns: an ambitious group willing to do anything, earn nothing and wake up early on a Sunday to fluff the couch cushions at open houses. In Manhattan, parking lots and garages are making way for all sorts of development, especially luxury condominiums. Gray Burton lives in a 250-square-foot space he furnished with antiques he’s been collecting for years. MacKenzie Thompson’s plan to buy a multifamily house in foreclosure did not pan out. She decided to buy a home in Westchester County. A photogenic Westchester suburb with high-profile residents is also known for its art museum and a performing arts center. A 10-year-old house with six bedrooms in Montvale, N.J., and a renovated four-bedroom in Bronxville, N.Y. Wealthy investors are wiring millions of dollars to New York to snatch up a piece of 157 West 57th Street - what will be New York City's tallest residential building, with 90 floors overlooking Central Park. An apartment at the Trump International Hotel and Tower, opposite Central Park, was bought anonymously through a limited liability company. The anchor of a proposed historic district will surely be a clutch of four mansions at Riverside Drive and 72nd Street. Success in challenging property taxes means not having to put as much money aside in the escrow account. Taking responsibility for a roof leak; a bank loan for capital repairs; lender says no to co-op sublet; next time, don’t forget the key. Summerview Square is a town-house-style apartment project going up in Norwalk after a previous developer walked away, leaving squalor in his wake. In Hudson County, developers are working on several projects that would add thousands of units in waterfront communities like Hoboken, Jersey City and Weehawken. A development in Austin, Tex., is an ambitious attempt to upend the conventions of the American subdivision. Housing prices continue to fall nationwide, with Atlanta earning the distinction as the weakest performer. The financial crunch has been felt in Aruba, but not severely enough to cause large numbers of foreclosures and short sales. A new law that allows businesses in Philadelphia’s Market East district to draw revenue from large digital signs has drawn attention from developers. With its concentration of pharmaceutical giants and academic powerhouses, the region could be a major center for life sciences businesses, developers say. The president of the New York Building Congress, which represents professionals in the construction industry, has been running the nonprofit association since 1994. A frenetic little industry has taken root in New York City based on finding and publicizing the once-and-future homes of just about anyone with name recognition. The plan for a business improvement district in SoHo would help with the trash problem, but some residents don’t want to cede more ground to tourists and real estate titans. A 10-year-old house with six bedrooms in Montvale, N.J., and a renovated four-bedroom in Bronxville, N.Y. Chris Hacker, the chief design officer at Johnson & Johnson, shops for hot water bottles that can come out from under the covers. An architect and an interior designer have created an online database of hazardous building materials. Beginning Friday, the NoLIta store Haus Interior will host Wood Shop, a pop-up store created by David Stark. |
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