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 14, 2018
Yardi Matrix report shows U.S. rent surge in April
Year-over-year rent growth leaders in April were Orlando, Fla., Sacramento, Calif., Las Vegas, Tampa, Fla., and Phoenix.
Multifamily Housing | May 9, 2018
6 noteworthy projects: Transit-oriented rental community, micro-unit residences, and an office tower becomes a mixed-use community
These six recently completed projects represent some of the newest trends in multifamily housing.
Multifamily Housing | May 1, 2018
Boutique condo provides 41 exclusive residences in Miami’s Bay Harbor Islands
Revuelta Architecture International designed the building.
Multifamily Housing | May 1, 2018
Call for experts: We’re looking for designers and builders of bicycle storage facilities for multifamily
The editors of Multifamily Design+Construction magazine seek experts for a "how-to" article in the next issue.
Multifamily Housing | Apr 30, 2018
For housing costs, consider all occupancy costs - not just property taxes
It's inaccurate to focus on property taxes as a percentage of home value without acknowledging the actual cost of housing to which this percentage is applied.
Multifamily Housing | Apr 27, 2018
1912 publishing house becomes luxury residential condominiums
Gottesman Architecture and GSArch designed the renovated building.
Adaptive Reuse | Apr 26, 2018
Edison Lofts building is New Jersey’s largest non-waterfront adaptive reuse project
Minno & Wasko Architects & Planners designed the building.
Multifamily Housing | Apr 24, 2018
Adrian Smith + Gordon Gill Architecture designs 47-story condo tower in Miami
The tower will be located in Miami’s South Brickell neighborhood.
Multifamily Housing | Apr 23, 2018
Mass timber design for multifamily housing
The adaptability of urban development could be revolutionized through the inherent strength of mass timber construction.
Multifamily Housing | Apr 18, 2018
MAA, Greystar nation’s largest apartment owner, developer
With 5,651 apartment units started in 2017, Charleston, S.C.-based Greystar Real Estate Partners was the most active multifamily rental developer last year, according to the 2018 NMHC 50 report.
