Historical buildings in New York have recently become a valuable commodity in a city where the population continues to grow and expansion is nil. Renovation of old buildings into living space has not only become a necessity but a desire to have a sophisticated and savvy home to live in.

The American Thread building is a diamond in the rough. Built in 1893, by William Tubby, this 11-story, 132,000 square-foot structure served as the Wool Exchange building until 1899. When the exchange failed, the American Thread Company moved in, stayed, and eventually became condominiums in 1980, for a variety of wealthy lawyers, prominent artists and Hollywood’s elite film stars and producers.

Located in the prestigious and highly sought after Manhattan district on the corner of West Broadway between York and Beach Streets, the American Thread Building has recently has undergone a transformation, to turn an outdated building into 52 posh high tech apartments that will include all modern amenities and luxuries to entice a high end purchasing market.

Currently select apartments in this building are under construction and have already had Warmboard Radiant Subfloor installed. The addition of radiant heat is an obvious improvement over the forced air that was in the building before and will increase the comfort in the apartments immensely along with saving energy.