flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Priced to sell: DUMBO condo development offers starter units in luxury setting

Multifamily Housing

Priced to sell: DUMBO condo development offers starter units in luxury setting

Designed by ODA New York, 98 Front Street will be loaded with amenities like a salt water pool, co-working spaces, and indoor and outdoor fitness centers.


By By Jonathan Barnes, Contributing Editor | April 8, 2019
Priced to sell: DUMBO condo development offers starter units in luxury setting

Rendering: Craft

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 | May 1, 2022

Kraus-Anderson helps fill void in tight Twin Cities housing market

One project just came online, and another apartment building should be completed this summer.

Multifamily Housing | Apr 26, 2022

Fitness centers for multifamily housing: Advice from 'Dr. Fitness,' Karl Smith

In this episode for HorizonTV, Cortland's Karl Smith shares best practices for designing, siting, and operating fitness centers in apartment communities.

Multifamily Housing | Apr 26, 2022

Investment firm Blackstone makes $13 billion acquisition in student-housing sector

Blackstone Inc., a New York-based investment firm, has agreed to buy student-housing owner American Campus Communities Inc.

Mixed-Use | Apr 22, 2022

San Francisco replaces a waterfront parking lot with a new neighborhood

A parking lot on San Francisco’s waterfront is transforming into Mission Rock—a new neighborhood featuring rental units, offices, parks, open spaces, retail, and parking.

Multifamily Housing | Apr 20, 2022

A Frankfurt tower gives residents greenery-framed views

In Frankfurt, Germany, the 27-floor EDEN tower boasts an exterior “living wall system”: 186,000 plants that cover about 20 percent of the building’s facade.

Multifamily Housing | Apr 20, 2022

Prism Capital Partners' Avenue & Green luxury/affordable rental complex is 96% leased

The 232-unit rental property, in Woodbridge, N.J., has surpassed the 96 percent mark in leases.

Senior Living Design | Apr 19, 2022

Affordable housing for L.A. veterans and low-income seniors built on former parking lot site

The Howard and Irene Levine Senior Community, designed by KFA Architecture for Mercy Housing of California, provides badly needed housing for Los Angeles veterans and low-income seniors

Market Data | Apr 14, 2022

FMI 2022 construction spending forecast: 7% growth despite economic turmoil

Growth will be offset by inflation, supply chain snarls, a shortage of workers, project delays, and economic turmoil caused by international events such as the Russia-Ukraine war.

Wood | Apr 13, 2022

Mass timber: Multifamily’s next big building system

Mass timber construction experts offer advice on how to use prefabricated wood systems to help you reach for the heights with your next apartment or condominium project. 

boombox1
boombox2
native1

More In Category


Curtain Wall

7 steps to investigating curtain wall leaks

It is common for significant curtain wall leakage to involve multiple variables. Therefore, a comprehensive multi-faceted investigation is required to determine the origin of leakage, according to building enclosure consultants Richard Aeck and John A. Rudisill with Rimkus. 



halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021