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 | Aug 15, 2018

Memphis construction: Can this city become the next Austin?

One local design firm is trying to make it happen.

Multifamily Housing | Aug 8, 2018

Flyin' high: Humphreys & Partners Architects keeps soaring to new heights

HPA, which reported $78.2 million in multifamily design fees in 2017, ranks as the nation’s largest multifamily design firm.

Multifamily Housing | Aug 7, 2018

Even after redevelopment, the iconic 'Chicago Tribune' sign will remain at 435 N. Michigan Ave.

The newspaper and the building's new owners reached a settlement.

Multifamily Housing | Aug 2, 2018

The recipe for bicycle kitchens

Bike storage and workshop spaces are rapidly turning into full-service social amenity spaces in multifamily projects.

Multifamily Housing | Aug 2, 2018

Bicycle kitchens give cyclists their very own amenity space

Bike storage and workshop spaces are rapidly turning into full-service social amenity spaces in multifamily projects.

Multifamily Housing | Jul 31, 2018

Put air rights to better use

If your school district is building a new school, build housing in the air space above it and put lower-paid public employees at the front of the line to live there.

Multifamily Housing | Jul 25, 2018

Multifamily market trends 2018: Demographic shifts reshape the residential landscape

Changing generational preferences are prompting multifamily developers to re-strategize.

Multifamily Housing | Jul 19, 2018

Multifamily market stays hot in first half of 2018

The average rent grew by $12 in June, to an all-time high of $1,405, according to a survey of 127 markets by Yardi Matrix.

Multifamily Housing | Jul 18, 2018

First apartment building funded by Massachusetts’ workforce housing subsidy program opens

The transit-oriented Gateway North Residences is centrally located in Lynn, Mass.

Codes and Standards | Jul 17, 2018

NIMBYism, generational divide threaten plan for net-zero village in St. Paul, Minn.

The ambitious redevelopment proposal for a former Ford automotive plant creates tension.

boombox1
boombox2
native1

More In Category




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