Greystone's "Printhouse Lofts" Comes to the Williamsburg Rental Market

Adaptive Re-Use of 1900's Warehouse at 139 North 10th Street Brings 36 Luxury Rentals to Brooklyn Market

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| Source: Greystone

NEW YORK, May 5, 2014 (GLOBE NEWSWIRE) -- Greystone, a New York-based real estate development and financial group, is pleased to announce that 139 North 10th Street, officially launched as "Printhouse Lofts," is coming to market in the next several weeks. Ideally situated between Berry Street and Bedford Avenue in Brooklyn's Williamsburg neighborhood, the 1900's industrial-style warehouse has been transformed into a 36-unit luxury rental apartment building offering high-end, industrial fixtures with modern amenities. Aptsandlofts.com is the exclusive sales and marketing team for Printhouse Lofts.

"Williamsburg is undergoing one of the most exciting real estate transformations in all of New York City. This was the ideal neighborhood to develop a luxury rental building that not only offers views and amenities, but also cutting-edge design in a prime location," said Jeffrey Simpson, head of property development at Greystone. "We were deliberate in keeping the building's industrial aesthetic, while also adding modern touches that make people feel at home."

The apartment mix within the pet-friendly elevator building consists of 28 one-bedrooms, six two-bedrooms and two three-bedrooms. Two of the ground floor apartments boast 50-foot-long glass solariums. The units feature stainless steel appliances, farmhouse sinks and natural stone countertops.

The interiors are designed by Funda Durukan of Durukan Design, whose signature industrial feel is employed by juxtaposing many of the building's original features with new modern elements including exposed beams, oversized industrial tilt and turn windows, exposed brick and heavy tinder beams. Large columns support 13-foot ceilings with exposed ductwork. The project architect is H.T.O Architect, PLLC.

Printhouse Lofts amenities include a virtual doorman, video intercom system, laundry machines on all floors, bike storage and 2,500 square feet of shared roof deck space, offering 360-degree panoramic views of both the Brooklyn and Manhattan skylines. One of the fifth floor apartments also has a 225-square-foot terrace.

"Printhouse Lofts' modern, high-end finishes with industrial elements, such as exposed beams and brick walls as a backdrop, provide a design combination that is highly desired in New York City," said David Maundrell, founder and president of aptsandlofts.com. "We anticipate Printhouse Lofts to be one of the top new developments of 2014, potentially setting record pricing for a conversion in Brooklyn."

For more information visit http://www.printhouselofts.com.

About Greystone

Greystone is a financial services and private investment group whose original core business is real estate lending. Over the years, Greystone has added business lines that are related to, and are natural extensions of, its core business. Headquartered in New York with offices across the U.S., Greystone is active in three major business segments: Mortgage Finance, Real Estate and Healthcare. Greystone's mission is to apply unparalleled creativity while modeling corporate compassion. For more information, visit www.greyco.com.

About Aptsandlofts.com

Aptsandlofts.com is one of New York City's largest privately owned full-service real estate brokerage firms, offering new development marketing and consultation as well as commercial leasing services throughout New York City, with particular expertise in Brooklyn and Queens. Established in 2002 by President David Maundrell, Aptsandlofts.com has quickly established itself as a leader in the industry for groundbreaking marketing campaigns and trusted market trend analysis. A winner of the Multi-Housing News 2012 Excellence Awards for Best Marketing Program, Aptsandlofts.com was also recently ranked the second largest new development-marketing firm in all of New York City by The Real Deal Magazine. For more information, visit www.aptsandlofts.com.

Karen Marotta
PR Manager, Greystone
+1 212-896-9149