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
MFPRO+ News | Jun 3, 2024
New York’s office to residential conversion program draws interest from 64 owners
New York City’s Office Conversion Accelerator Program has been contacted by the owners of 64 commercial buildings interested in converting their properties to residential use.
MFPRO+ News | Jun 3, 2024
Seattle mayor wants to scale back energy code to spur more housing construction
Seattle’s mayor recently proposed that the city scale back a scheduled revamping of its building energy code to help boost housing production. The proposal would halt an update to the city’s multifamily and commercial building energy code that is scheduled to take effect later this year.
Resiliency | Jun 3, 2024
Houston’s buyout program has prevented flood damage but many more homes at risk
Recent flooding in Houston has increased focus on a 30-year-old program to buy out some of the area’s most vulnerable homes. Storms dropped 23 inches of rain on parts of southeast Texas, leading to thousands of homes being flooded in low-lying neighborhoods around Houston.
MFPRO+ New Projects | May 29, 2024
Two San Francisco multifamily high rises install onsite water recycling systems
Two high-rise apartment buildings in San Francisco have installed onsite water recycling systems that will reuse a total of 3.9 million gallons of wastewater annually. The recycled water will be used for toilet flushing, cooling towers, and landscape irrigation to significantly reduce water usage in both buildings.
MFPRO+ News | May 28, 2024
ENERGY STAR NextGen Certification for New Homes and Apartments launched
The U.S. Environmental Protection Agency recently launched ENERGY STAR NextGen Certified Homes and Apartments, a voluntary certification program for new residential buildings. The program will increase national energy and emissions savings by accelerating the building industry’s adoption of advanced, energy-efficient technologies, according to an EPA news release.
MFPRO+ News | May 24, 2024
Austin, Texas, outlaws windowless bedrooms
Austin, Texas will no longer allow developers to build windowless bedrooms. For at least two decades, the city had permitted developers to build thousands of windowless bedrooms.
Mass Timber | May 22, 2024
3 mass timber architecture innovations
As mass timber construction evolves from the first decade of projects, we're finding an increasing variety of mass timber solutions. Here are three primary examples.
Mixed-Use | May 22, 2024
Multifamily properties above ground-floor grocers continue to see positive rental premiums
Optimizing land usage is becoming an even bigger priority for developers. In some city centers, many large grocery stores sprawl across valuable land.
MFPRO+ News | May 21, 2024
Massachusetts governor launches advocacy group to push for more housing
Massachusetts’ Gov. Maura Healey and Lt. Gov. Kim Driscoll have taken the unusual step of setting up a nonprofit to advocate for pro-housing efforts at the local level. One Commonwealth Inc., will work to provide political and financial support for local housing initiatives, a key pillar of the governor’s agenda.
MFPRO+ News | May 21, 2024
Baker Barrios Architects announces new leadership roles for multifamily, healthcare design
Baker Barrios Architects announced two new additions to its leadership: Chris Powers, RA, AIA, NCARB, EDAC, as Associate Principal and Director (Healthcare); and Mark Kluemper, AIA, NCARB, as Associate Principal and Technical Director (Multifamily).
