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One 40 Franklin stands in front of the Franklin Street subway station, in the heart of TriBeCa. Built in 1887, the six-story Romanesque Revival building which originally housed paper-manufacturer will evolve into a 14 unit luxury loft condominium by February, 2000.
Developer/designer Aldo Andreoli, an Italian-born architect who arrived in New York in 1986, showcases his concept of a "luxury loft condominium with a design edge". Exceptionally clean, functional, distinctly Italian design combines with the rugged beauty of turn of the century American industrial details to create a truly sumptuous turn of the next century sanctuary.
An example of Andreoli's unique approach to "historic modern" design can be found in the various floor plans: a round powder room in unit A, a trapezoidal galley in unit B, and elongated trapezoidal foyer in unit C. Each loft will have six to nine rooms, including a vast living room/dining room of at least 25 by 50 feet. Ceiling height will range from 10'5" to 12'5".
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Floors are wide-plank, Brazilian (rainforest friendly) hardwood floors. Modern yet timeless European fixtures are used throughout, such as Varenna Icaro kitchens, Poliform Senza Fine closet systems and Dorn Bracht plumbing fixtures. Winter comfort is ensured in large spaces by Runtal low profile radiant heat systems. Most units have wood-burning fireplaces. Oversized wood-frame windows will be replaced with thermo pane, carefully restoring the fifth floor's original arched frames. Two to three residences per floor and complete soundproofing reinforce privacy. Amenities include attended lobby, basement storage and full-time superintendent.
Residences range in size from 3,021 sq.ft. to 6,226 sq.ft.. Three duplex penthouses, from 3,835 sq.ft. to 4,900 sq.ft. with oversize skylights and double height ceilings, each with private terraces from 1,500 sq.ft. to 2,500 sq.ft. will be available. Prices start from $1.815 million to $4.5 million.
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