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 | Jan 8, 2016
Manager of New York’s first micro-unit development inks pact with ‘personal butler’ service
The co-living platform Ollie is leasing its initial building, in New York, with housekeeping and grocery shopping available via Hello Alfred.
Urban Planning | Jan 4, 2016
The next boomtown? Construction and redevelopment sizzle in San Diego
The city's emission-reduction plan could drive influx into downtown
Multifamily Housing | Dec 23, 2015
Student housing developer broadens its reach into multifamily
Aspen Heights Partners evaluates seven metros for its initial projects.
Multifamily Housing | Dec 17, 2015
Developers respond to demand from tenants for ‘smart’ design
A number of green prerogatives are having a beneficial impact on multifamily design and construction.
Multifamily Housing | Dec 14, 2015
Study finds increase in cost-burdened renters
Harvard’s Joint Center for Housing Studies released its biennial rental housing report, and it found that 21.3 million renters spend 30% or more of income towards rent.
Multifamily Housing | Dec 10, 2015
Developer of Jean Nouvel-designed New York City condo complex sued
One resident says living in the curvy, glass 100 Eleventh Avenue building is like being in a wind tunnel.
Multifamily Housing | Dec 7, 2015
Are long-term apartment rentals Airbnb’s next target?
Some developers are thinking about that possibility, says one West Coast real estate consultant.
Smart Buildings | Dec 7, 2015
AIA Baltimore holds rowhouse redesign competition
Teams competed to provide the best social and environmental design solutions for the city’s existing rowhouse stock.
Multifamily Housing | Nov 19, 2015
Herzog & de Meuron designs curving NYC luxury apartments
The 160 Leroy building will have 49 luxury homes, along with a white concrete façade covered with large windows.
High-rise Construction | Nov 17, 2015
CTBUH awards '2015 Best Tall Building Worldwide' to Bosco Verticale
Designed by Italian architect Stefano Boeri, the building design was applauded for its “extraordinary implementation of vegetation at such scale and height."