Hit Factory stops making hits, starts making homes

Published: 2006-08-10
New York's famous Hit Factory will be turned into luxury condominiums.

The building, which housed recording sessions by the likes of John Lennon, Stevie Wonder, Madonna and U2, was closed in 2005.

Now Stribling Marketing Associates told Reuters that the building will be, "Converted into 27 units, from one-bedroom apartments to penthouse duplexes with private terraces. Prices will range from about $1.1 million to more than $4 million." The condo is expected to open in early 2007.

Though the studio had already become famous for its celebrity patrons, it became infamous when Lennon recorded there the day prior to his death.

Even with the new developments, the musical history will remain in the building.

According to Reuters, "The Hit Factory sign has remained over the door and the lobby of the converted building will be decorated with gold and platinum records recorded at the famed studio by such artists as Paul Simon, Barbra Streisand and Bruce Springsteen."

Writer: Michelle Garcia



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Greed we don't need any here
Posted by: Anonymous on August 11, 2006
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