Photo credits 0f 98 Front Street: Christian Atherton and Aaron Thompson
98 Front Street, an "amenity-driven and wellness-centered" condo in DUMBO is now 50% sold after finishing construction earlier this month. The 10-story concrete structure hosts 165 residences accompanied by amenities that include an indoor saltwater pool and a 7,000-square-foot roof deck that functions as an elevated park for building residents and their guests.
The building was developed by Jeffrey Gershon's Hope Street Capital and shaped by ODA New York, a design firm known for their interesting takes of urban residential living. ODA views cities as fractals -- small units of life operating independently yet bound by a shared community.
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"We look to fragment our buildings by creating growing pockets and urban voids which can be orchestrated and programmed to attached communal interactions," ODA founder Eran Chen explained in a 2016 interview with CityRealty. "We always look to increase indoor/outdoor activity by breaking away from the typical extruded big box format our cities are comprised of."
98 Front Street both complements and deviates from DUMBO's industrial vernacular through its minimalist concrete facade and playful cubist form teeming with private outdoor space. Visual interest is amplified through the depth of its indentations, giving the building a strong sense of syncopation and strength.
As its outward appearance suggests, every floor is different resulting in over 100 unique floor plans. “To provide residents with the best living experience, we played with the geometry and layouts to create open floor plans that allow for flexible programming for living, working and entertaining at home, while maximizing the available light, air and outdoor spaces of each residence," says Eran Chen.
While the spires on Billionaires' Row may be a symbol of the city's hubris, extreme wealth disparity, and scarcity of develop-able land, the latest crop of market-rate condos outside of Manhattan serve as an antidote -- providing transit-oriented, environmentally conscious housing on underutilized sites with price points closer in reach to the average New Yorker.
Remaining studios to four bedroom apartments span from 400 to over 2,000 square feet, and are priced from $695,000. As the first new development in Brooklyn to obtain Fannie Mae approval, buyers have the ability to choose any lender nationwide to offer the most attractive interest rates and up to 95% financing.
“98 Front has successfully met buyers' expectations by delivering finished condominiums on time, avoiding potential financing risks that are surfacing for purchasers at other new developments. 98 Front is the only new development in the area to have sold this number of units in such a short period of time, despite the pandemic.” - Sha Dinour, Hope Street Capital
With the building open for occupancy and closings well underway, the team has provided new photography giving the public the first real look at its tranquil interiors, superior craftsmanship, and full suite of amenities. Later this year, the building will unveil the last of the units that include the "Penthouse Collection" as well as garden residences with separate guest houses.
↓ Jeffrey Gershon's Hope Street Capital purchased the 24,000-square-foot-lot at 69 Adams Street / 98 Front Street from the Jehovah's Witnesses for $60 million in late 2017.
↓ Located just outside the DUMBO Historic District, near the Manhattan Bridge, Brooklyn Bridge Park, and the Time Out Market; the site previously held a four-story parking garage and recreational facility with a tennis court on its roof.
↓ In 2017, Hope Street filed permits to build a 120-foot-tall, 10-story building with 165 apartments, 584 square feet of retail space, and amenities like a swimming pool, fitness center, bike storage and parking.
↓ Designed by ODA New York, the building's sculpted, poured-in-place concrete design features many terraces and indentations providing visual delight as well as flexibility in interior arrangements.
↓ "98 Front Street’s minimalist concrete facade provides a point of connection with the neighborhood’s industrial history, while its unique cubic structure echoes the design-forward and creative spirit that DUMBO has become known for in recent years." - ODA Architecture
↓ A dramatic, light-flooded lobby features double-height ceilings, custom-crafted millwork, and floor-to-ceiling windows.
↓ The building recently surpassed the 50% sold milestone and also set a set a new local sales record with a recent closing of $2,100/ft2. Average prices for remaining homes blend to $1,703/ft2
↓ Studio to 4-bedroom residences feature 8-foot solid core doors, 5-inch-wide white oak flooring, and 10-foot-high ceilings.
↓ Oversized insulated sound-attenuated windows by ALUMIL provide an abundance of natural light as well as the best living experience possible.
↓ Designed with daily life as well as entertainment in mind, 50% of units feature private outdoor space
↓ Imported Italian kitchens feature integrated Bosch appliances, blonde wood cabinets, and white Corian countertops.
↓ Bedrooms features exposed polished concrete ceilings, double door closet, and privacy out of its large almost floor to ceiling window. Ceilings are prepared for easy lighting fixture installation.
↓ 98 Front aims to be LEED-certified, a stamp of approval for checking off a number of environmentally-conscious standards.
↓ Baths are accentuated by NuHeat radiant heated flooring, a glass enclosed shower, white Corian sink, brushed nickel fixtures and a floating oak shelf for storage.
↓ Three currently-available penthouse spreads are priced from $1.995 million.
↓ Amenities include an indoor saltwater pool, spa, steam room, indoor and outdoor fitness centers.
↓ Residents also have access to a comfy lounge and co-working space.
↓ “Residents are likely going to be spending more time at home over the next year, so completing the amenities and landscaping quickly became our top priority—residents will be able to enjoy the building’s many amenities starting on day one,” said Sha Dinour, partner of Hope Street.
↓ The expansive rooftop, which opens onto the Brooklyn and Manhattan skylines, serves as a 7,000-square-foot common yard in the sky, with an open-air screening area, a bocce ball court, several outdoor kitchens, and barbecue stations.
↓ “There is a simplicity in 98 Front Street’s design in the materiality and process that accentuates the building’s jewel box facade,” said ODA founder Eran Chen. "Each of our nearly 50 residential buildings across New York City has its own unique geometry and personality and we're excited to see 98 Front join the ranks.”
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