257 water BREAKING: We’ve just confirmed that VE Equities is transforming prewar FiDi rental 257 Water Street into condos.

Formerly Stove Factory Lofts, the six-story, 20-unit property located in Historic South Street Seaport was originally built in 1873.

VE Equities is behind mega-hot 250 Bowery, one of our 10 most popular developments in 2012, so we can’t wait to see what they do with this elevator building.

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