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Real Estate Showcase - Conversions



Once a four-story factory for producing police badges (and a location for NBC’s Third Watch), the 44-unit Badge Building is on 47th Avenue and 11th Street in Long Island City. Sporting eight additional floors, every light-filled condominium offers ceilings that soar from 9- to 12-ft high, wide-plank bleached white oak wood floors and either balconies, private gardens or expansive terraces (some equipped with water and electricity). All have views—some looking out on Manhattan’s skyline and the Queensboro Bridge. One- and 2BR units range from 713SF to 1,320SF and quite a few include home offices. Open kitchens come with Pedini cabinetry and appliances by Fisher & Paykel, Bosch and KitchenAid except in the penthouses, where appliances are from Bosch and Sub-Zero, plus GE Monogram wine coolers. Master baths have Neptune Zen tubs. There’s a rooftop deck and parking. Close to Gantry State Park and the P.S.1 Museum. The very short ride into Manhattan is via the 7 subway. From mid-$500,000s. SPRING 2007.

Doron Zwickel | 718-433-1055 | Prudential Douglas Elliman



The landmark Octagon Tower has been meticulously restored, and is now the centerpiece of a 500-unit residential development on Roosevelt Island. The eco-friendly building, developed and designed by Becker + Becker Associates, includes a re-invention of the famous 7-story spiral staircase, a David Rockwell-designed lobby, gallery and clubroom, and two 14-story luxury rental wings. Units range from studios to 1- 2- and 3BRs, some with home offices; most with washer/dryers. Floor-to-ceiling windows feature river and skyline views. Open kitchens have granite countertops and Whirlpool Energy Star appliances. Subway-tiled master baths come with pedestal sinks and ceramic tile floors. Amenity highlights: heated waterfront pool, lighted tennis courts, screening and game rooms, library, fitness center, on-site daycare facility, riverfront bike/walking paths along the river, and underground parking. Free satellite TV, unlimited local phone service and Internet/WiFi package for all tenants. Just one stop on the F train to Lexington and 63rd, and planned soon, a water taxi serving 34th Street and Wall Street. From $1,850 monthly. OPEN.

James Bosley | 212.888.8NYC | Nancy Packes INC.



The Jehovah Witness Distribution Center on Furman Street in Brooklyn Heights has morphed into One Brooklyn Bridge Park. The 450-unit condominium is set along a new 85-acre waterfront park replete with promenades, walkways and boat piers. The unit mix is impressive: studios to 4BR lofts, 1 and 2BR townhouses and penthouses with up to 5BRs. Some homes boast fabulous views of the Manhattan skyline from private terraces, private gardens—and all have hardwood floors, 11ft-high ceilings, 9ft-high windows, washer/dryers and on-floor private storage. Open kitchens are dressed in Dada Italian wood cabinetry, quartz countertops and Sub-Zero and Bosch appliances. Terrazzo and tile-finished master baths feature Duravit soaking tubs and separate glass showers. On the amenity menu: fitness center, yoga studio, playroom, game room, media room/lounge and indoor driving range. There’s a 24/7 doorman and concierge staff—and refrigerated storage for those Fresh Direct deliveries. Parking and riverfront cabanas are available for purchase. From $600,000. SPRING 2007.

Bruce Ehrmann | 718.330.0030 | Stribling & Associates

“Conversions remain one of the hottest selling sectors because so many involve landmark properties that grow in value,” said Miki Naftali, President of Elad Properties. “Sales are driven by the exquisite detail, high ceilings and, quite often, spectacular views.”