East Village Lofts open at Broadway and Fillmore
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Last July, I wrote a post on the East Village Lofts at Broadway and Fillmore (939 Broadway) and the anticipated opening in fall of 2009…well, the lofts are now open.
Urban multifamily housing developer Eran Epstein has completed his renovation of a former East Side factory into affordable housing and retail space, opening East Village Lofts.
The $4 million, two-year project by Epstein’s E Square Capital LLC converted the four-story, 45,000-square-foot factory at 937 Broadway at Fillmore Avenue into a mix of 43 affordable studio, one-bedroom and two-bedroom apartments.
The apartments rent for $325 a month for a studio, from $348 to $517 for one-bedroom units, and $549 for the largest two-bedroom apartment; all rents include heat. The firm said Monday that 60 percent of the units were rented within the first five days after opening.
“This is a much-needed addition to desirable housing in the neighborhood, and the first new housing complex there in many years,” said Epstein, owner and managing director of E Square.
[read full story--->]
Alive!
For info on the East Village Lofts, call ESC @ 716-200-1700.
Tags: E Square Capital, East Village Lofts
great news for the b-f community
What great news!
Hopefully the project will inspire others to invest.