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The Sugar Warehouse, 79 Laight Street
Pricing Information
  • 2 Bedrooms from $1,470,000 to $3,195,000 updated 01/08/2012
  • 3 Bedrooms from $995,000 to $4,800,000 updated 05/11/2012


Overview

About The Sugar Warehouse, 79 Laight Street

After the Civil War, much of the city's important shipping activity switched from the East River to the Hudson River where longer piers could accommodate bigger ships and many warehouses were erected and used to create what became known as the Washington Market, which specialized in mostly in produce.

Eventually the Washington Market was relocated to a city facility in the Hunts Point section of the Bronx and much of the area became known as TriBeCa (Triangle Below Canal) around the time of the city's great Westway controversy that resulted in the city losing about $2 billion in federal aid to build a park along the Hudson River with a new underground West Side Highway because of Marcy Benstock's concerns about the shoreline habitats of the river's striped bass.

Landfill from the recently completed World Trade Center, of course, was used to enlarge Manhattan's Hudson River waterfront with Battery Park City and TriBeCa quickly became popular for artists as prices in SoHo had began to soar.

The combination of older not fully filled buildings with trendy restaurants gradually led to numerous residential conversions, a trend that took off with quite incredible momentum after the tragic incidents of September 11, 2001 and quickly made TriBeCa the city's hottest real estate market.

One of the most impressive projects at this time was The Sugar Warehouse, a handsome and large red-brick structure at 79 Laight Street on the southeast corner at West Street overlooking an entrance to the lovely and new Hudson River waterfront park and esplanade.

This building was erected in 1853 by the Grocers Steam Sugar Refining Company and was later sold to the United States Sugar Refining Company.    

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