bpe235 wrote:marc buxton wrote:I've been inside this building. The top floor is a wall to wall ballroom with incredible terrazzo floors and corinthian columns supporting a 18 foot ceiling. The views from the 15th floor are outstanding with 60's era floor to ceiling windows. Another ballroom on the second-third floors (you can see the tall windows foreground) with a huge stage/prescenium, would make a great 2,000 cap. entertainment space. Overall, the windows are not huge, but just fine for finished apartments (not a loft conversion). From what I understand, the big problem with the building is asbestos contamination...which is everywhere. I never understood why a nightclub was in operation on the first floor. Seperate ventilation, I suppose...but still seems like a health risk. I hear that asbestos abatement makes residential conversion of the building an impossibility due to cost. If this is the case, the building may not be workable. My question is wouldn't the asbestos have to be taken care of before demolition? If so, this baby might sit for a long time.
I don't think the asbestos would be a large issue for the developer if it qualified for brownsfields tax credits... correct me if i'm wrong, but that is one of the most common uses for brownsfields...
Does brownfields apply to buildings? I thought it was literally for brown fields, i.e. contaminated soil clean up.










