Lutz Real Estate and Northern Equities announce the reopening of the Albert Kahn Building with the Kahn Apartments

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Located in Detroit New Center /Midtown north The 11-story, 320,000-square-foot Art Deco masterpiece was built by the Fischer brothers and designed by the famous architect. Albert Kahn… Recognized on the National Register of Historic Places, the Albert Kahn building first opened its doors in 1931 with wealth and opportunity in mind, and for 90 years has been home to prestigious businesses, including Kahn’s own architectural firm. The ground floor with 18-foot ceilings and massive windows, once home to Sachs Fifth Avenue, is accessible and ready for a new office, showroom or retail tenant.

“The Albert Kahn building was originally designed as one of the crown jewels Detroit, “said Adam M. Lutz, CEO of Lutz Real Estate Investments. “It was the mindset that we used to design these apartments and restore the historic site. Each of the 700 original windows has been removed, hand-refurbished and reinstalled. The attention to these details impressed the visitors and led to significant leasing results. ”

The redevelopment of the Albert Kahn Building as two fourth generations of Detroit residents was a work and a source of pride for Lutz and Sosin, and included the conversion of office space on floors 2 through 11 into 206 studios, single, double and triple. apartments with bedrooms with plans from 530 to 1317 sq. feet. The penthouses have an internal staircase that is unique to each apartment. With interiors designed DetroitFounded by the Kraemer Design Group, Lutz and Sosin ensured the uniqueness of the unique Art Deco architecture.

The community boasts expansive city views and offers its residents the most comprehensive list of amenities in the entire Detroit metro. There are two rooms – the Drawing Room, a sophisticated workspace with an AK library and bar, and the 1931 Room, which provides residents with a place to watch events on a large TV screen while playing games in the living room. The Kahn Hotel is located next to Pallister Park. Pets are allowed here. There is also a pet spa. Hotel Kahn offers residents a complete gym with a professionally equipped fitness center of 3,000 square meters. Feet, as well as a yoga and spinning studio. In addition, the Diamond K Club is an outdoor rooftop terrace with BBQ facilities and breathtaking views.

“Our ultimate goal was not only to preserve the greatness of the building, but also to improve and modernize where we saw opportunities,” said Matthew Sosin, President of Northern Equities Group. “We have been able to build modern, contemporary homes while respecting the common heritage of one of the Detroit hidden treasures. We believe everyone in Detroit will be proud of the results and look forward to further collaboration from The Kahn with the New Center and Midtown north district.””

Kahn will be governed Farmington Hills-founded Beztak. The “grand opening” ceremony is expected in September.

For more information please visit www.thekahndetroit.com

About Lutz Real Estate Investments
Lutz Real Estate Investments (lutzinvestments.com) is a privately held real estate organization that has owned and operated almost all classes of real estate assets for almost 60 years. Lutz is an experienced, dedicated team of professionals with significant experience in acquisitions, development, finance and real estate management.

About Northern Equities Group
Northern Equities Group is a full-service development and investment company that deals with all aspects of acquisition, development, investment, construction and property management. With major assets in Michigan, Arizona as well as Colorado, the company has developed over 1 billion dollars real estate.

About beztake
For over six decades, Beztak has been developing, building, managing and investing in luxury residential, residential, commercial and industrial properties throughout the United States. Today, Beztak owns and operates a diverse portfolio of commercial, office, retail, senior residential and multi-family residential properties, and continues to develop and build new properties and renovate existing properties to add value or reposition them in the market. … Beztak also offers comprehensive and customizable paid property management services for companies looking to generate higher returns on their assets while improving overall performance.

Headquartered in Farmington Hills, Michigan, Beztak has offices in St. Boca Raton, Florida as well as Phoenix as well as Tucson, Arizona, with communities currently located in Alabama, Arkansas, Arizona, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Michigan, Mississippi, Ohio, Oklahoma, South Carolina, Tennessee, as well as Washington… For more information visit www.beztak.com

SOURCE Northern Equities Group; Lutz Real Estate Investments



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