SOURCE: Watchcase Sag Harbor

July 11, 2013 14:00 ET

Watchcase Sag Harbor: Condos Now Available

64 Luxury Hamptons Homes in Converted 19th Century Factory

SAG HARBOR, NY--(Marketwired - Jul 11, 2013) - The long-awaited transformation of a former Sag Harbor factory into lavish condominium homes is nearing completion. Interested buyers are now being invited to claim their part of this exclusive development in the Hamptons.

Watchcase Sag Harbor is the conversion of a 19th century watchcase factory into 64 meticulously-crafted condos. Condominiums within this unique "village-within-a-village" are now available for purchase -- billed as a once-in-a-lifetime opportunity for homebuyers.

Watchcase's outstanding selling point is the painstaking preservation of the 1881 factory building. This has been the key mantra of developer Cape Advisors and collaborating architectural firms Beyer Blinder Belle and Baldassano Architecture, along with acclaimed interior designer Steven Gambrel. Though all accommodations will showcase the latest in luxurious and green design, those spearheading the project have insisted historical integrity is honored at every stage.

How so?

Over 20,000 of the original factory bricks have been repurposed in the design; the original signature octagon at the northwest corner of Washington and Division Streets has been rebuilt to its full 5-story height; the ornamental masonry of the original chimney stack has been restored; and the old water tower has been reconceptualized as a characterful outdoor gazebo with 360° vistas of idyllic Sag Harbor Village and Peconic Bay.

"We believed it was important to retain as much of the old building fabric as possible," said Craig Wood of Cape Advisors. "Over the past 15 months, the factory has had almost all of the original facade repaired and re-pointed, over 80 timber beams replaced, and the structural integrity of the building restored."

Of Watchcase's 64 residences, 47 are lofts (one to three bedrooms), nine are townhouses (four to six bedrooms), and eight are one-bedroom bungalows. All homes contain private outdoor space, including gardens, balconies, patios and terraces. Penthouses offer private rooftop gardens with cinematic views.

Contemporary amenities at Watchcase include heated outdoor saltwater pool, doorman, concierge services, underground parking, rooftop garden and private storage. The Watchcase Pavilion boasts a staffed fitness room, sauna, steam and spa treatment rooms, and a lounge with catering kitchen.

Watchcase residents will benefit from their own private residences but also a resort-style community; reflecting a contemporary, inclusive variety of luxury condominium living.

Watchcase Sag Harbor is just one block from the historic Main Street of Sag Harbor Village; here is a singularly rare opportunity to own historic property in this prime Hamptons location.