Fortis’ Olympia Dumbo on track to be Brooklyn’s most expensive building

Pound for pound, Fortis Property Group’s 76-unit condo project in Dumbo is shaping up to be Brooklyn’s most expensive real estate. Since January, 18 units at 30 Front Street, dubbed Olympia Dumbo, have gone into contract with an average asking price of $2,458 per square foot, about $400 more than condos in the borough’s second-priciest building, Quay Tower in Brooklyn Heights, according to data from Marketproof. A freight elevator scaled the sail-shaped, 33-story building’s precast

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Dumbo penthouse asking $4.9M tops Brooklyn’s luxury contracts

All was quiet on the Brooklyn waterfront last week, as contract signings for luxury homes in the borough were led by a sub-$5 million offering. Unit 7FG at 205 Water Street in Dumbo was, at $4.9 million, the most expensive listing to go into contract, according to Compass’ weekly report on signed contracts for homes asking $2 million or more. The 12-year-old penthouse in the Toll Brothers building spans 2,778 square feet and has four

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Condo at 30 Front Street leads Brooklyn contracts — again

Fortis Property Group’s 30 Front Street continues to headline Brooklyn’s luxury market. For the seventh time since the start of February, a condo at the sail-shaped tower, dubbed Olympia Dumbo, placed at or near the top of Compass’ weekly report tracking signed contracts on homes in the borough asking $2 million or more. Unit 16A went under contract with an asking price of $6.2 million, more than any other home that sold in Brooklyn last

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Century-old townhome with Verrazzano view leads Brooklyn luxury market

Brooklyn’s luxury market cooled after two banner weeks, with the borough’s priciest listing to go into contract seeking a relatively modest $6.95 million. That was the asking price for 36 Grace Court, a townhouse built in 1915 in Brooklyn Heights with seven bedrooms and four bathrooms, according to Compass’ weekly report on signed contracts for homes asking $2 million or above. The 4,500-square-foot home has high ceilings on every floor, central air conditioning, oversized bay

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Fortis apartment asking $7.5M leads Brooklyn deals

The contracts keep coming at 30 Front Street. An apartment at Fortis Property Group’s ambitious condo project in Dumbo has once again topped the weekly list of priciest Brooklyn homes to go into contract. Unit 23A had a last asking price of $7.5 million. In the first week of February, two of the priciest contracts signed in the borough were at the development, which was completed last year. The latest unit to find a buyer

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Dumbo condo tower dominates Brooklyn luxury contract signings

Dumbo topped the charts in a busy week for Brooklyn’s luxury market. The neighborhood was home to the two priciest contracts signed in the borough last week — both of which were in the same building: Fortis Property Group’s 30 Front Street, according to a report by Compass. Unit 29A at the sail-shaped, 33-story luxury condo tower went into contract with an asking price of $12.9 million. The unit spans 4,565 square feet with five

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$8M Dumbo condo tops Brooklyn home contracts

Condominiums and townhouses were both winners in Brooklyn last week, topping Compass’ weekly report on the borough’s signed luxury contracts. The priciest home on the list was a 3,067-square-foot condo in Dumbo. The unit at 30 Front Street was asking $8 million, or $2,607 per square foot. It has four bedrooms, three and a half bathrooms and a 489-square-foot terrace facing the East River. The second most expensive unit to go into contract last week

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Brooklyn Heights, Dumbo units lead borough’s luxury contracts in first week of 2022

The two priciest contracts signed in Brooklyn last week sit less than a mile away from each other, on either side of the borough’s eponymous bridge. A Brooklyn Heights co-op asking $6 million topped the list of Brooklyn’s luxury contracts asking $2 million or more, according to Compass’ weekly report. The 3,000-square-foot penthouse at 160 Henry Street priced at $1,000 per square foot has four bedrooms and four bathrooms, in addition to a wrap-around terrace,

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’Twas a happy holiday for luxury condo sellers in Brooklyn

Brooklyn’s luxury condo buyers spent Christmas week stuffing sellers’ stockings — with deposits. Of the 20 luxury contracts signed for Brooklyn homes asking $2 million or more, the bulk of them were for condominium units, according to Compass’ weekly report. Topping the list was a $3.9 million penthouse at 207 North 5th Street. The 2,250-square-foot duplex has four bedrooms and three and a half bathrooms. For $1,732 per square foot, it also features two private

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A $9M Brooklyn Heights townhouse leads luxury contracts

Brooklyn’s luxury market last week ticked down slightly from the pace of the first two weeks of December. A Brooklyn Heights townhouse at 141 State Street asking $9 million led the borough’s luxury contracts signed between Dec. 13 and 19, according to Compass’ weekly report, which tracks residences asking $2 million or more. The 7,600-square-foot home rang in at $1,184 per square foot. The 25-foot-wide, gut-renovated townhouse includes six beds and four baths and has

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