{"id":445406,"date":"2022-05-11T21:38:03","date_gmt":"2022-05-11T18:38:03","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/dumbo-condo-tower-likely-to-become-brooklyns-most-expensive\/"},"modified":"2022-05-11T21:38:03","modified_gmt":"2022-05-11T18:38:03","slug":"dumbo-condo-tower-likely-to-become-brooklyns-most-expensive","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/dumbo-condo-tower-likely-to-become-brooklyns-most-expensive\/","title":{"rendered":"#Dumbo condo tower likely to become Brooklyn\u2019s most expensive"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a30402443ce5\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a30402443ce5\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/dumbo-condo-tower-likely-to-become-brooklyns-most-expensive\/#%E2%80%9CDumbo_condo_tower_likely_to_become_Brooklyns_most_expensive%E2%80%9D\" >&#8220;Dumbo condo tower likely to become Brooklyn\u2019s most expensive&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CDumbo_condo_tower_likely_to_become_Brooklyns_most_expensive%E2%80%9D\"><\/span>&#8220;Dumbo condo tower likely to become Brooklyn\u2019s most expensive&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>A record-breaker is on the rise.\u00a0<\/p>\n<p>Developer Fortis Property Group\u2019s 30 Front St. condominium in Dumbo is still under construction \u2014 but already a solid contender for the future title of Brooklyn\u2019s priciest address.\u00a0<\/p>\n<p>So far this year, 18 of the luxury building\u2019s 76 units have gone into contract, with an average asking price of $2,458 per square foot, or about $400 more than apartments in Brooklyn Heights\u2019 Quay Tower, the borough\u2019s second most expensive building, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/therealdeal.com\/2022\/05\/09\/fortis-olympia-dumbo-on-track-to-be-brooklyns-most-expensive-building\/\">the Real Deal reported<\/a> based on data from Marketproof.\u00a0<\/p>\n<p>While the exact amount each unit sold for won\u2019t be known until closings begin later this year, those 18 units\u2019 asking prices add up to $121 million. The 76-unit building has a projected $375 million sellout without even including its two penthouse units, the Real Deal noted based on StreetEasy and Compass reports. This put the 33-story structure, otherwise known as Olympia Dumbo, firmly into the upper echelon of Brooklyn\u2019s most expensive real estate.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/30-front-street-brooklyn-dumbo-15.jpg?w=1024\" alt=\"30 front st brooklyn most expensive\" class=\"wp-image-22226357\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/30-front-street-brooklyn-dumbo-15.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/30-front-street-brooklyn-dumbo-15.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/30-front-street-brooklyn-dumbo-15.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>The condo tower is looking likely to become the borough\u2019s most expensive. <\/figcaption><figcaption><span class=\"credit\">Google Maps<\/span><\/figcaption><\/figure>\n<p>Fortis purchased the property from the Jehovah\u2019s Witnesses for $91 million in 2018.\u00a0<\/p>\n<p>Of the contracted units, apartment 29A has the highest asking price of $12.9 million. The 4,565-square-foot condo features floor-to-ceiling windows and a primary suite with multiple walk-in closets and an ensuite bath.\u00a0<\/p>\n<p>The floor-through penthouses are reportedly asking for more than $15 million each, or $3,000 per square foot, according to the Real Deal.\u00a0<\/p>\n<p>The sail-shaped structure\u2019s future is not clear sailing for certain, though, as reports have noted new development Brooklyn condo sales tumbling significantly in recent months.<br \/>Currently, Dumbo\u2019s most expensive condo unit crown-holder is the 3,068-square-foot penthouse at the 21-story Front &amp; York property, which scored $16 million in November. Before that, the 1 Main St. Clock Tower penthouse had the title. That 6,813-square-foot <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">trip<\/a>lex languished on the market for about six years and was dubbed \u201cunsellable\u201d before finally nabbing $15 million in 2017.\n                        <\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/05\/11\/dumbo-condo-tower-likely-to-become-brooklyns-most-expensive\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Dumbo condo tower likely to become Brooklyn\u2019s most expensive&#8221; A record-breaker is on the rise.\u00a0 Developer Fortis Property Group\u2019s 30 Front St. condominium in Dumbo is still under construction \u2014 but already a solid contender for the future title of Brooklyn\u2019s priciest address.\u00a0 So far this year, 18 of the luxury building\u2019s 76 units have&#8230;<\/p>\n","protected":false},"author":1,"featured_media":445407,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/30-front-street-brooklyn-dumbo-13.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[129004,92847,76002,82053],"class_list":["post-445406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-5-11-22","tag-condos","tag-dumbo","tag-most-expensive"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/445406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=445406"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/445406\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/445407"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=445406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=445406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=445406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}