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At the same time, NoHo has splashily added condos, which have been met with varying degrees of approval.
Mr. Evans and his wife, who raised their four children in Norwood, are not going to move into one of the condos, which have two bedrooms at most.
That lifestyle has attracted eager buyers of waterfront villas and condos, which have their own docks and boatlifts, said Dieter Schaede, the broker and owner of Sunshine Properties in Cole Bay.
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"But the demand is incredible, particularly for condos, which has been enhanced by the lack of prewar co-ops and buyer frustration with board approval for purchasing and renovating units".
But construction recently started across the street on a new lot of condos, which has led to worry that the warehouse might soon be sold to make way for similarly upscale apartments.
Mr. Chiarello's new condo, which has a huge terrace facing the cemetery, was listed at $675,000.
The condo, which had been on the market for about five months, attracted a parade of lookers and nervous first-time buyers, Ms. Evans said.
When she moved to Southbury three years ago, she said, she paid $185,000 for the condo, which has 1,200 square feet and a patio.
My mother loves her condo, which has tripled in value since she bought it about 10 years ago.
A decade after the project started, the developer, the Sharbell Development Corporation, is building out the remaining loft condos, many of which have already been sold, and has plans to build a final block of 39 condos for senior citizens.
Planning for the project began six years ago, including ground-floor retail and 44 market-rate condos, most of which have been sold.
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