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The Beacon, Jersey City's Huge Residential Restoration Project

Filed under: Real Estate Developments

mercury lofts
Sarah Jessica Parker didn't shoot the May 2010 cover of Vogue Magazine in New York City. Instead she was at The Beacon in Jersey City, a collection of historic art deco buildings built in the 1930s which are being restored and transformed into an award-winning, luxury mixed-use development.

SJP's Vogue photo shoot took place in one of the community's yet-to-be-restored buildings, which she described as having both "perfectly wonderful amounts of neglect" and "great light." That neglect won't be around too much longer, two residential buildings at The Beacon have already been completed and are home to more than 550 residents, while work is underway on a third.

The Lofts At Cherokee Studios: Has Elvis Really Left the Building?

Filed under: Real Estate Developments


For those who find their muse in their surroundings: The hallowed ground of the old Cherokee recording studios in Hollywood is being converted into 12 work-live lofts, including some equipped as music studios to keep the tradition alive. The Lofts at Cherokee Studios project by Los Angeles-based sustainable developer, REthink Development, is about six weeks away from completion, with a model expected to open in mid-September.

Two penthouses have dedicated music production space; powder rooms can be outfitted as recording booths and acoustical insulation and sound attenuation measures were built behind and in the walls. Four other units can be similarly outfitted. So if Motley Crue moves in next door, no need to worry about the late-night jam sessions.

The lofts range in size from 1,190 to 2,300 square feet and cost $700,000 to $1.4 million. There is also more than 2,700 square feet of retail space available -- not to mention the ghosts of some heavyweights in the music business.

Elvis recorded "Burning Love" here and Frank Sinatra's orchestral studio was housed in this building. (A beam that was part of Sinatra's studio was salvaged and is part of the lobby.) David Bowie, John Lennon, Paul McCartney, Rod Stewart, Dave Matthews and dozens of others made music here; more than 300 gold and platinum albums were cut on this site, which Cherokee vacated in 2006.

Before it was Cherokee Studios, it belonged to Sinatra's manager, Don Costa. MGM and Republic both ran film sound stages here as well.

Monarch On The Merrimack

Filed under: Estates


The former manufacturing town of Lawrence, Massachusetts has put a historic mill to good use. Monarch on the Merrimack repurposes Lawrence's Wood Mill into New England's largest eco-friendly residential development. Monarch has green features such as a garden lobby, private waterfront park and a roof terrace with a garden. The entire development is powered by geothermal heating and cooling. When it was built in 1906, the mill was the largest building of its kind on the planet. It is almost a third of a mile long and is now home to a whole neighborhood of modern lofts. The prices are reasonable, even the penthouses which have over 2,000 square feet of space on three levels only sell for $489,900 for a river side loft,with 800 sq. ft private roof deck. Shopping is right nearby at the Shops at Monarch, a 90,000 square foot complex that includes a movie theater and restaurants.

[via Eagle Tribune]

NYLO Hotels

Filed under: Luxury Travel & Hotels

NYLO Hotels is another hotel that plans to bring the loft concept to hotels but at a cheaper price point. The first NYLO hotel will debut in Plano, Texas with a second one planned for Warwick, Rhode Island. The hotels offer allergen-resistant guestrooms and the Pure Floor, which will have guest rooms which have gone through a comprehensive purification system. The Pure System cuts down on contaminants, irritants, molds, dust and odors. Following a seven-step purification process, each NYLO Pure Room will use a Class 2 medical-grade air purifier and hypoallergenic linens and covers. There is also no smoking excited in designated outdoor areas and the fee for smoking in a guestroom is $300.

The lofts have oversized windows, exposed-brick-and-polished-concrete walls, and a flexible workspace with a large movable desk. Room also each have a large flat-screen television, free wired and wireless high-speed Internet access, MP3 capabilities, and convenient plug-ins linking iPods and computers to televisions. The hotel even has a TV tie-in offering consumers the Daniel Vosovic Collection for NYLO. Vosovic was part of Project Runway, Season 2 and is designed outfits for front-line staff, including bartenders, cashiers and front-desk personnel. Rates at the hotel will range from $120 to $140 and the CEO describes it as being the IKEA or jetBlue for the hotel industry.

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