The Toy Factory lofts, the Pencil Factory lofts—when New York’s manufacturing buildings get made over into condos or co-ops, they often take on the former name of the building in a bid for authentrification.
The developers of the Ex-Lax loft co-ops (above), on Atlantic Avenue between Nevins and Hoyt Streets, didn’t shy away from the building’s past as a laxative factory when they converted the circa-1920s plant into 57 residences in 1979.
According to a resident interviewed by The New York Times in 1997, “the stigma of living in one of those five units has mostly disappeared — within the neighborhood, that is.”
What’s left of that stigma can be yours today for over a million bucks.
Of course, the Hit Factory wasn’t a factory in the traditional sense.
But this mega recording studio (at left) on West 54th Street between Eighth and Ninth Avenues cranked out tons of hit records from the 1970s until it closed in 2005.
Now, the place where John Lennon reportedly spent his final hours mixing tracks before he was murdered is a 27-unit condo with residences going for over seven figures.
Tags: Atlantic Avenue, Ex-Lax Factory Lofts, factories turned lofts, Hit Factory Condos, John Lennon final hours, luxury residences Manhattan, New York City lofts, recording studio New York City, The Hit Factory