Although the term “loft” originally referred to an upper-level space for storage or other specific needs, the loft is now a highly sought after style of architecture in the urban environment. Beginning in the 1950s and 60s in New York, former industrial buildings and abandoned warehouses were converted into affordable homes for artists who wanted to live in the city at a low cost but still have room to work. Although the space was optimal for its residents, many were forced out due to safety concerns posed by city officials and the fire department. Over time, however, artists fought back and were eventually allowed to stay, and the popularity spread.

Although the loft is unique and has some distinctive traits, one of the most identifiable characteristics is that a loft has very little to it. Lofts are made of open space with few to no walls or dividers. Additionally, loft style homes also had:

• Very high ceilings
• Factory-size, expansive windows
• Cast iron columns
• Brick or plaster walls
• Hardwood or cement floors
• Exposed, unfinished look
• Customizable floor plan

Since its origination, loft style homes have become increasingly popular in suburban areas as well. This type of home is referred to as a soft loft, while the traditional industrial homes are identified as hard lofts. These newly built homes share some of the same characteristics as the original buildings, however they are made with softer features and room divisions and are much more expensive than the old conversions.

Several loft style luxury homes are currently on the market in some of the most prestigious areas in major cities across the U.S. Manhattan is rich with this style of residence, including a quintessential Tribeca loft. The residence is in an 1868 building that was once home to a butter and egg company, and features exposed brick, duct work and ceiling beams showcasing the “unfinished” appearance. The stunning three bedroom, two bath loft is currently on the market for $4.65 million. Across the county in Seattle is a one of a kind penthouse loft with stained concrete floors, 19-foot steel beams, acoustic Walnut ceilings and walls of glass for amazing views of Puget Sound and the iconic Space Needle. The result of a meticulous three-year design, the stunning penthouse is listed at $1.99 million.