Planned as a sleek, modernistic structure catering to today’s busy city dweller lifestyle, 98 Front Street is DUMBO’s newest luxury condominium development.
The 11-story luxury condominium was designed by ODA New York and will have 165, studio, one-, two-, three-, and four-bedroom residences ranging from 400 sf to more than 2,000 sf. Asking prices will start at $595,000, which in the sky high real estate market of New York City, offer a rather affordable option for first-time buyers and professionals looking to buy into the hot market.
98 Front Street condos will have 10-foot ceiling heights, eight-foot solid core doors, five-inch-wide white oak flooring, and oversized insulated sound-attenuated windows. Each unit also will have Latch smart access keyless locks, Butterfly MX smart intercoms, and high-speed wiring. The building will have a 24-7 doorman.
Rendering: Craft
“At 98 Front Street we set out to design an environmentally friendly, wellness-centered, and design-forward building that both stands out and compliments the neighborhood’s historic and industrial aesthetic,” said Sha Dinour, a Partner with the building’s developer, Hopestreet.
In a market in which a small apartment can easily cost more than six figures even in a converted building, having units that are new, state-of-the-art, and available at well below a seven-figure price tag should bring a rush of buyers to the development.
SEE ALSO: Here's what $41M will buy you in the OMA-designed Avery tower in SF
The building will have an indoor salt water pool, spa, steam room, indoor and outdoor fitness centers, and a lobby with a sculptured reflecting pool. Residents will be able to access a 7,000-sf rooftop featuring barbecue grills, three outdoor kitchens, a bocce ball court, outdoor screening area, and a resident’s lounge and co-working space. Bike storage, on-site parking and resident storage units will also be available for a fee.
The project is expected to open next year.
Related Stories
Multifamily Housing | Apr 28, 2015
Mace and Make work on London's 40-story residential tower
The tower is one of six residential high-rises planned near London’s City Road, which is undergoing a mini construction boom.
Multifamily Housing | Apr 27, 2015
The empire strikes back: George Lucas proposes new affordable housing complex he'll finance alone
The latest plans are seen by some as payback for community opposition to his past real estate ventures.
Wood | Apr 26, 2015
Building wood towers: How high is up for timber structures?
The recent push for larger and taller wood structures may seem like an architectural fad. But Building Teams around the world are starting to use more large-scale structural wood systems.
Multifamily Housing | Apr 22, 2015
Condo developers covet churches for conversions
Former churches, many of which are sitting on prime urban real estate, are being converted into libraries, restaurants, and with greater frequency condominiums.
Green | Apr 22, 2015
AIA Committee on the Environment recognizes Top 10 Green Projects
Seattle's Bullitt Center and the University Center at The New School are among AIA's top 10 green buildings for 2015.
Multifamily Housing | Apr 16, 2015
3 award-winning affordable multifamily developments
San Francisco's Bayview Hill Gardens and the Broadway Affordable Housing complex in Santa Monica, Calif., are among the multifamily developments to be honored in AIA's 2015 Housing Awards.
Multifamily Housing | Apr 16, 2015
Seattle’s size restriction on micro apartments blamed for rise in rents
Seattle’s city planner recently said that the council’s new rules have made small apartments more expensive to build and charged the board with “overreaching” and not giving micro-housing “a fair shake.”
High-rise Construction | Apr 16, 2015
Construction begins on Seattle's Tibet-inspired Potala Tower
Construction on the 41-story Potala Tower in Seattle finally kicked off following a ground-breaking ceremony seven months ago.
Hotel Facilities | Apr 13, 2015
Figure-eight shaped hotel to open around PyeongChang 2018 Winter Olympics Facility
Just three miles away from the Olympic stadiums, the hotel will be a hub of its own.
Multifamily Housing | Apr 9, 2015
Multifamily development and transactions haven’t taken a breather yet
Despite predictions about an impending softening in multifamily construction, builders and developers continue to expand their market reach and portfolios.
