Looks like we can add another Brooklyn warehouse to the saved local architecture list. Cayuga Capital Management has hopped on the adaptive reuse bandwagon by deciding to “restyle” an old warehouse at 79 Quay instead of completely demolishing the beautiful brick building. The empty structure sits just a block inland from the Greenpoint waterfront and is slated to become a 60,000-square-foot residential building.

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The development company bought the warehouse, which is located on the corner of Quay and West Streets, for $3.8 million last year and hired Tony Daniels’s Gowanus-based Cycle Cities to redesign the building using the original features of the building. According to the company’s renderings, the brick warehouse will be converted into a six-story cube, and restructured into townhouses using a mix of original and new materials such as new windows. The future residential block will offer a mix of sizes ranging from duplex studios to larger three-bedrooms.

Related: Greenpoint’s Keramos Hall Restored to Its 19th Century Splendor by Kamen Tall Architects

Construction on the warehouse is scheduled to begin in spring of 2015.

+ Cayuga Capital Management

Via The Real Deal