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 5, 2015

FacadeRetrofit.org: A new database for tracking commercial and multifamily façade upgrades

The site allows users to submit information about new projects, or supplement information on those already posted.

High-rise Construction | Jul 29, 2015

Jerusalem to get a high-rise pyramid by Daniel Libeskind

Are pyramids making a comeback? The city of Paris recently approved a triangle-shaped building that stirred controversy from residents. Now, the city of Jerusalem gave Libeskind's pyramid tower the go-ahead.

Contractors | Jul 29, 2015

Consensus Construction Forecast: Double-digit growth expected for commercial sector in 2015, 2016

Despite the adverse weather conditions that curtailed design and construction activity in the first quarter of the year, the overall construction market has performed extremely well to date, according to AIA's latest Consensus Construction Forecast.

High-rise Construction | Jul 28, 2015

Work begins on KPF's 'flared silhouette' tower in Manhattan

The 62-story, 157-unit luxury condo tower widens at the 40th floor, resulting in a gently flared silhouette, accented by a sculpted crown.

Multifamily Housing | Jul 27, 2015

Miami developers are designing luxury housing to cater to out-of-town buyers and renters

The Miami Herald reports on several new multifamily projects, including the Paramount Miami Worldcenter, whose homes include maid’s rooms, larger terraces, boutique-size closets, and guest suites. 

Multifamily Housing | Jul 20, 2015

At an 18-year high, multifamily construction continues to drive housing sector

Predictions that multifamily housing construction would taper off in 2015 may have underestimated the ongoing demand for this kind of housing, the vast majority of which is being marketed as rentals.

Multifamily Housing | Jul 16, 2015

Minneapolis relaxes parking requirements on new multifamily buildings

The city cut the number of spots required for large developments by half. It also will accept plans with no parking spaces in certain cases.

Codes and Standards | Jul 16, 2015

Berkeley, Calif., adopts balcony inspection program following deadly collapse

Apartment building balconies will be subject to inspections every three years under new regulations adopted following a deadly collapse.

Multifamily Housing | Jul 9, 2015

Melbourne approves Beyoncé inspired skyscraper

The bootylicious tower is composed of 660 apartments and a 160-room hotel at the west end of Melbourne's business district.

Codes and Standards | Jul 8, 2015

California Supreme Court upholds affordable housing requirements

Court cites affordable housing crisis of ‘epic proportions.’

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