Last week, Brownstoner brought us a construction update on the seven-story, 74-unit residential redevelopment at 51 Jay Street, in DUMBO, and now YIMBY can announce the expansion project has officially topped out. Its residential units average 1,815 square feet apiece and have commanded one of the highest price per-square-foot figures in the neighborhood, selling at $2,083 per-square-foot. The building is nearly 75 percent sold, as reported earlier, and move-ins are expected sometime next summer or fall. Residents will have a slew of amenities available to them, and 1,333 square feet of retail space is planned on the ground floor. Slate Property Group and Adam America Real Estate are the developers, while ODA Architecture designed the project.
The residential redevelopment of the former three-story, 81,805 square-foot manufacturing building at 51 Jay Street, in Dumbo, has topped out, according to Brownstoner. The structure has been transformed into a seven-story building and now measures 135,658 square feet. Seventy-four condominiums units will spread across the majority of the building, measuring an average 1,815 square feet apiece, and 1,333 square feet of ground-floor retail is planned. The project includes six separate penthouses and is currently 75 percent sold with move-ins expected in mid-2016. Slate Property Group is developing is ODA Architecture is the design architect.
Earlier this year, Brownstoner reported that construction was finishing up at Alloy Development’s five-story, five-unit residential project at 55 Pearl Street, in Dumbo, and now Dezeen has the latest photos of the completed building. The structure is actually broken up into individual, 18-foot-wide townhouse units, each measuring 3,500 square feet. The façade is made of concrete, wood, metal and glass, and the project reportedly sold out in 2013.
Earlier this year, Glacier Global Partners received approval from the LPC to convert the 10-story former warehouse at 10 Jay Street, in Dumbo, into a 46 condominiums, but now the developer is planning a completely commercial building, with roughly 200,000 square feet of offices and retail spaces. The conversion will retain the approved exterior changes, which had been designed by ODA Architecture. CBRE is marketing the commercial spaces, according to The Real Deal.
The transformation of a five-story, 1860s-era warehouse into a six-story mixed-use commercial building is nearing completion at 55 Water Street, in Dumbo. According to Brownstoner, the structure’s sixth-floor addition has been constructed, and glass façade is now being installed. Dubbed Empire Stores, the building will yield 395,000 square feet of commercial space, which will be made up of offices, retail, restaurants, and exhibition space; rooftop gardens and outdoor public space are also featured.