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Carl Fischer Lofts Over a Third Sold, Discussions Underway for Retail Space

NEW YORK CITY-The landmarked Carl Fischer Building's residential conversion is getting attention from buyers, with nine out of the 25 units sold and several retailers in active negotiations for the 20,000-sf, ground-floor space.

By Anthony Garritano | Updated on February 06, 2001

NEW YORK CITY-The old Carl Fischer Building at 62 Cooper Square has been in the process of a major rehab since the summer of last year. The developers, C-Square Associates LLC, are now putting things into high-gear with over a third of the lofts, which range from 1,452 sf to 6,762 sf, spoken for and plans to lease the remaining retail space taking shape.

“We’re talking with a Parisian spa, and a film school is also looking at the space,” says Judith Halevi of C-Square. The retail space will span the ground floor of the 62 Cooper Square building, sporting 22-foot ceilings and measuring around 20,000 sf.

Halevi explains the delay in choosing a candidate by siting the amount of activity in the area. “Next door the Ian Schrager Hotel at Cooper Square and Astor Place is going up, which is one of the reasons that we’ve been holding off on signing a retailer. We realize that more people will be interested when the hotel comes up.”

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