KNICKERBOCKER LOFTS BRINGS DRAMATIC RESIDENCES TO LANDMARK BUILDING IN NEW ROCHELLE
Beautiful 19th century brick factory converted into unique live-work lofts

VALHALLA, NY, Sep 14, 2007 - /FLIERWIRE/-- The Knickerbocker Press Building, a landmark in New Rochelle, N.Y., for more than a century, is about to start a new life as dramatic SoHo-style live-work lofts.

Knickerbocker Lofts is Westchester's only true loft-style building, with oversized windows, exposed brick, large wooden beams and ceilings up to 14 feet high. The beautiful 19th century factory building (which is on the National Register of Historic Places) has been sensitively renovated to provide modern conveniences - like a cyber doorman and an on-site fitness center - while retaining the building's handsome weathered brickwork and timbers.

"Knickerbocker Lofts creates a balance of living, playing and working," said Martin Ginsburg, principal of Ginsburg Development Companies, one of the partners in the project. "You have the flexibility to create your own personal space, including an office or studio if you want. The beautiful, open areas let you indulge your creative side and build a space that is perfectly suited for how you live and work."

Eric Anderson, the principal of New York City-based Urban Green Builders, Ginsburg's partner in the venture, said that Knickerbocker Lofts is a residence unlike any other in Westchester. "The Knickerbocker Press Building is a beautiful landmark and we've worked hard to preserve its true loft feeling," said Anderson. "The result is some of the most unique residences anywhere in Westchester County."

Reflecting this uniqueness, a four-story-tall watchtower rising above the main roofline has been turned into a one-of-a-kind, five-level residence highlighted by an upper room with large windows on all four sides, offering 360-degree views. All of the homes in the building at 52 Webster Ave. have modern kitchens with European-style custom cabinets, elegant spa-style baths and specially designed lighting that enhance the open spaces.

In addition to striking private residences ranging from 660 square feet to 2,146 square feet in size, Knickerbocker Lofts has a full array of modern lifestyle amenities. The building features a cyberdoorman with 24-hour virtual concierge service and security, making the Lofts ideal for people with busy schedules. When it's time to relax, Knickerbocker Lofts has a clubroom with a fireplace where people can unwind with their neighbors, as well as a rooftop terrace with shaded and sunny areas offering panoramic views of the surrounding city.

An outdoor parking court to the rear of the building resembles a quiet European-style plaza with trees, shrubs and gardens providing a sanctuary from the bustling city a short distance away. Each residence has reserved parking, and the building is served by a large, well-equipped common laundry room.

All of this luxury comes at surprisingly affordable prices. Special introductory prices for Knickerbocker Lofts' 45 residences start at $370,000, according to New York-based The Developers Group, exclusive sales and marketing agents for the development. Some lofts are available for immediate occupancy.

Knickerbocker Lofts is conveniently located in New Rochelle, a central location a half-hour from New York City and suburban employment and retail centers such as White Plains, N.Y.; Greenwich, Conn.; and Stamford, Conn. New Rochelle's reborn downtown is moments away, offering theaters, shops and a fast-growing number of fine restaurants.

The Knickerbocker Press Building has been a landmark ever since it was built in 1889-1890 by G.P. Putnam and Sons, one of the nation's leading publishers at the time. Putnam printed books in the building for more than 30 years before moving out and being replaced by American White Cross, which made bandages there until 1995. Parts of the complex were used as artists' lofts during the 1980s and 1990s, and some nearby buildings continue to house a thriving arts community. Webster Avenue's unique architecture and existing artistic community mean Knickerbocker Lofts is expected to have special appeal to artists and other creative people desiring open, sunlit work-live spaces.

The Knickerbocker Lofts is being created by a partnership of Ginsburg Development Companies and Urban Green Builders, two of the Northeast's best-respected design and development companies. GDC is one of the premier luxury home builders in the Hudson Valley and Connecticut. Urban Green Builders specializes in urban infill and redevelopment ventures and has built approximately 1,000 units of new affordable homes and renovated existing walk-ups and brownstones in Harlem.

For more information or to schedule a tour, visit www.knicklofts.com or call (914) 235-8200.