The Piano Factory Corp.

454 West 46th Street

New York, NY 10036
co-op
About
The historic Piano Factory is truly one of the most unique loft conversions in all of Manhattan. Its origins date back to 1874, when the Wessell, Nickel & Gross Company, a piano actions (inner mechanisms) manufacturer, was established on West 45th Street, on the corner of 10th Avenue. The business quickly flourished and they built an addition next door, but then in 1888 they bought another building at the rear of the factory, facing West 46th Street, which soon needed its own addition as well. In the midst of these buildings was a yard with storage sheds. Their business continued to flourish until the Great Depression, when operations ceased at this site. After languishing for years, the buildings were acquired in 1979 by Richard A. Klein and Charles P. West, who had the vision to convert the former factory complex into coop loft apartments. The development, aptly named The Piano Factory, opened in 1982. At the time, it was the largest market-rate housing development in all of Hells Kitchen, and one of the first to be developed under the Clinton Preservation District code. Today, the Piano Factory is an enchanting enclave of 48 unique and generously-sized loft apartments. The original yard with storage sheds is now a beautifully landscaped, European-like interior courtyard where plants cascade down from the meticulously restored original iron catwalks connecting the north and south buildings. It is a captivating refuge from the moment you enter the wrought iron gates of the main entrance. Description provided by Glenn Connolly
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board minutes

Attorneys, Paralegals, and legal representatives can request to view Board Minutes via the Domecile platform. There is a fee associated with each approved request that is payable to Domecile.

documents

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building & management fees

Fees set by and remitted to building and property management company.

co-op sale

payor fee due upon amount
Buyer Application Processing Fee (Non-Refundable) Submission $750
Buyer Application Fee Closing $1,250
Buyer Closing Fee (Non-Refundable) Closing $350
Buyer Move-In Deposit (Refundable) Closing $1,000
Buyer Questionnaire fee Closing $400
Seller Closing Fee Closing $350
Shareholder Move-Out Deposit (Refundable) Closing $1,000

co-op sublet

payor fee due upon amount
Subtenant Application Processing Fee (Non-Refundable) Submission $250
Shareholder Move-Out Deposit (Refundable) Closing $1,000
Shareholder sublet fee - monthly Closing 10% monthly maintenance
Shareholder Sublet Refundable Security Deposit Closing 2x maintenance
Subtenant Move-In Deposit (Refundable) Closing $1,000

refinance

payor fee due upon amount
Shareholder Application Processing Fee (Non-Refundable) Submission $250
processing

single application initiation fee

One-time fee paid by the person who begins the application.

payor fee due upon amount
Agent /
Attorney
Applicant
Current Resident
Sale/Lease
Sale/Lease
Refinance/Renewal
Alterations
Initiation
Initiation
N/A
$75
$120
Free
Application Participants Any N/A Free

digital submission fee

payor fee due upon amount
New Resident Purchase
Sublet/Lease
Storage Sale
Parking Sale
Submission $65
Current Resident Renewal
Refinance
Transfer
Storage Sale
Parking Sale
Alteration
Submission $45

app admin fee

payor due upon amount
Any Participant Paying Building Fees Submission 5% of Total
(excluding Digital Submission & Initiation Fees)
All property information and documentation provided by property management.
06/16/25
Total Fees: 37