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BUILDING HISTORYPowers Park LoftsCompanies in this landmark building manufactured two of the most famous products of the region. Historians tell us that the southern section of the building, constructed in the early 1860s by D. Powers and Sons, housed the looms on which the heavy fabric backing for oilcloth was made. It is the only building to remain of the huge original complex, which extended from the Hudson River to Third Avenue.
The C.W. Ferguson Collar Company purchased the property in the early 1900s and added the expansive four-story north wing with its five-foot wide windows. In 1953 William Lewis Sr. bought the property to house several family companies, including Ready Jell and Lewis Company Greeting Cards, and a variety of small apparel manufacturing tenants. The building was occupied until very recently, hence its good condition. |
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Sponsor: 387
Third, LLC, 340 Broadway, Saratoga Springs, NY 12866 The complete offering terms are in an offering plan available from the sponsor. File No. CP05-0078 |
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