Tribeca Lofts
The 17-storey MONY Life Insurance building of 1966, the Reichmann brothers' first big office tower in Olympia & York's Flemingdon Park development, designed by Bregman + Hamann. Empty after the early-1990s recession, it was converted by T.W.S. Developments into 180 lofts with 10-foot ceilings.
History of Tribeca Lofts
Flemingdon Park was started by the developer Webb & Knapp, which ran into trouble; its Swiss creditor put the half-built housing, office and industrial project beside the future Don Valley Parkway up for sale. Other buyers thought it too far from downtown, but Paul Reichmann and his brothers bought the roughly 500 acres for $17.8 million and, as Olympia & York, built thousands of apartments and 13 office buildings there.
This 17-storey tower, designed by Bregman + Hamann and finished in 1966, was their first multi-storey building, built for the Mutual Life Insurance Company of New York (MONY), and the Reichmanns moved their own York Developments into it.
The early-1990s recession emptied many of the area's modernist office buildings, and this one sat vacant for a few years. T.W.S. Developments began the city approvals in 1995 and took more than five years to convert it into 180 lofts, first marketed as “Tribeca Lofts on the Upper East Side”. The lofts have 10-foot ceilings and big office windows, the lobby still feels like an office tower's, and there is a gym on the main floor. The Eglinton Crosstown's Don Mills stop is out front.
Tribeca Lofts: quick facts
Where is Tribeca Lofts?
Tribeca Lofts is at 797 Don Mills Road, Toronto, near Don Mills & Eglinton E, in Don Mills.
When was Tribeca Lofts built, and what was it originally?
It was built in 1966. The 17-storey MONY Life Insurance building of 1966, the Reichmann brothers' first big office tower in Olympia & York's Flemingdon Park development, designed by Bregman + Hamann.
What kind of loft is Tribeca Lofts?
Tribeca Lofts is a hard loft: an older industrial or commercial building converted into homes, keeping features like brick, beams and big windows.
How many units are in Tribeca Lofts?
Tribeca Lofts has 180 units.
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