Hammerstein Buys Downtown Loft

Simon Hammerstein, the hipster founder of the LES hotspot The Box, paid $1.27 million for a Financial District loft, according to property documents posted this morning. The fourth floor pad—located at 265 Water Street—features two bedrooms and 1,650 square feet of open living space. Check it our for yourself after the jump.

Hammerstein Buys Downtown Loft