I have always been really curious about this property, 57 Front Street, especially now that its on the same block as the now infamous novo clutch building (which dumbonyc did a nice historical overview of btw). I can sort of see into the apts from my apt at 70 Washington and the units look really spacious, lofty and new.
I was poking around on the Corcoran Web site and came across a listing. From the photos posted (see photos at left), looks like all my assumptions were correct -- the units are very clean, open and nicely finished. There is a new gym (according to the pics) and the unit has river views as well, something I couldn't tell from over here. The only drawback seems to be the communal laundry room.