News

Hope Street’s 98 Front St. Passes 50% Sales Threshold

Hope Street Capital’s 98 Front St., DUMBO’s newest ground-up condominium, has opened its doors to its first residents with more than 50 closings occurring by the end of 2020, following the recent completion of the luxury building. It’s now more than 50% sold.

The developer says 98 Front is also the first new development in Brooklyn to obtain Fannie Mae approval. This enables any lender nationwide to offer the most attractive interest rates and up to 95% financing.

“Today more than ever, achieving 50% sold and a Fannie Mae Approval is critical— especially as banks tighten their lending standards,” said Sha Dinour, partner of HSC.

ODA’s 98 Front Street Welcomes New Residents as Sales Surpass 50% Milestone

98 Front Street, DUMBO’s newest ground-up condominium, started welcoming its first residents with over 50 closings occurring by the end of 2020. With the construction of this incredible new luxury condominium now complete, the ODA-designed building surpasses the 50% sold mark, setting a new sales record with a recent closing of $2100 PSF. In addition, 98 Front Street has received approval from Fannie Mae and its full TCO, meaning buyers can move in immediately. Financing for new condominiums has become challenging amid the pandemic as lenders tighten their standards. As a result of the building’s successful sales thus far, buyers will have access to all major lenders nationwide.

98 Front Apartments / ODA New York

98 Front Street is a 10 story 189,000 sqf ground-up mixed-use building in DUMBO Brooklyn. The property is bound by Adams street on the east, York Street on the south, Fleet Alley on the west, and Front Street on the north.

The building has a cellar that contains a mechanical, residential lobby, residential apartments, indoor swimming pool, storage and recreation spaces. 1st floor contains parking, community facility, and residential. Floors 2-10 contain residential only. There are private and public decks and mechanical spaces at the roof level.

98 Front Street

ODA’s thinking process, just like their design, is fractal by nature. ODA views cities as being made up of small units of life, operating independently yet bound by a shared community. Their newest expression of this can be seen at 98 Front Street, the 165-unit condo building in DUMBO.

Over the past decade, DUMBO has become a melting pot of design ideas and groundbreaking architecture, and ODA is excited to continue contributing to it with their new poured in place concrete residential project. The boutique building is amenity-driven and wellness-centered, with 50% of units featuring outdoor space and a well-appointed rooftop filled with comfy furnishings, BBQs, three kitchens and dining areas and a calisthenics station.

ODA completes cubic condos in DUMBO

ODA New York-designed condominiums, 98 Front Street, have opened in the heart of DUMBO. The 10-story luxury condominium comprises 165 studio, one-, two-, three- and four-bedroom residences ranging in size from 400 to over 2,000 square feet.  Asking prices for the homes range from approximately $650,000 to $4,000,000.

"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, in a statement.  "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.  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."

98 Front Apartments / ODA New York

• Architects: ODA New York
• Area: 189000 ft²
• Year: 2020
• Photographs: Aaron Thompson

98 Front Street is a 10 story 189,000 sqf ground-up mixed-use building in DUMBO Brooklyn. The property is bound by Adams street on the east, York Street on the south, Fleet Alley on the west, and Front Street on the north.

Construction Wraps Up On 98 Front Street In DUMBO, Brooklyn

Exterior work is wrapping up on 98 Front Street, a ten-story residential building in DUMBO, Brooklyn. Designed by ODA, the reinforced concrete structure features the firm’s signature irregular cubic massing and will contain condominiums with 100 distinct layouts. Hope Street Capital is in charge of sales for the units, which range from studios to four-bedroom homes and start at $670,000.

New photographs from street level show the state of work at the site, which is bound by Adams Street to the east, York Street to the south, and Fleet Alley to the west. The exterior stands complete, with only minor touches outstanding along the ground floor and sidewalk, where some scaffolding and fences remain. The architecturally-finished concrete façade and large square windows make for a striking contrast to the traditional brick masonry and stone-enveloped structures characteristic of DUMBO.

Pricey Brooklyn Waterfront Neighborhood is Well Positioned for Recovery

The Brooklyn condos at 98 Front are proving to be a rare bright spot in the New York City luxury real estate market, threading the needle between bringing luxury to a new neighborhood and keeping prices competitive. With nearly 50% of its 165 Dumbo condos under contract, sales at 98 Front show that Brooklynites love the building’s combination of stark Cubist aesthetics and spacious private homes, many of which feature terraces looking out over the iconic DUMBO neighborhood. The 98 Front team has even opened up virtual tours to help prospective buyers safely explore the building, keeping the strong sales velocity going through these uncertain times.

Living Near Train Tracks

The New York Times reported on the many ways that developers are building quiet buildings near the city’s elevated train tracks, and 98 Front made the paper with its two sets of double-pane windows. In addition to eliminating any noise from nearby trains, bridges, and cobblestone streets, these large windows play an important role in the layouts of 98 Front's ODA-designed, LEED-certified DUMBO condos, which are flooded with natural light by floor-to-ceiling glass. The windows are an integral part of the building’s facade as well, providing squares with concrete trim to create a dynamic cubist aesthetic.

Queens and Brooklyn buildings among top-selling in luxury real estate market in 2019

98 Front made the list of the top ten best-selling luxury buildings in 2019, meaning that the window to secure one of these luxury Dumbo condos for sale is quickly closing. Designed by ODA to meet LEED certification, 98 Front combines environmental consciousness with a Cubist aesthetic to create a collection of unique and stylish homes in the hip Dumbo neighborhood. In addition to their spacious homes with floor-to-ceiling windows and sleek interiors, residents of 98 Front will enjoy access to a suite of refined amenities, including a fitness center, indoor saltwater pool and spa, residents’ lounge and coworking space, and a 7,000-square-foot communal rooftop deck complete with outdoor BBQs and three separate outdoor kitchens.

The New DUMBO

DUMBO: now home to 98 Front’s LEED-certified luxury condos. Today, this neighborhood is seen as one of the best in the city for investing in real estate. But that wasn’t always the case. According to The Brooklyn Ink, in the 1970s, you could buy a square foot of land in DUMBO for under six dollars. Property values began to rise in the 1980s and really got going in the 90s with tech booms, as savvy buyers fully realized that DUMBO possessed a unique character – as well as a special proximity to downtown Manhattan. In 2020, DUMBO is the place to buy an apartment, settle down, and even start a business.

Empire Stores: Where to Shop on the Brooklyn Waterfront

Although the weather has been uneven this season, New York City is still in the grip of winter. It's a time of year when you can appreciate the stillness the chilly weather brings or wonder at subtle, cinematic moments on the snow-dusted cobblestone streets of Dumbo. And despite frosty temps that keep New Yorkers indoors during the cold season, residents of the new Brooklyn condos for sale at 98 Front still have plenty to do, like working out in the state-of-the-art gym, taking a rejuvenating dip in the saltwater pool, and sweating off the winter blues in the sauna.

Health & Fitness Resolutions — Locally Sourced

The new year is well underway, and the holidays are just distant memories. But what about your New Year’s resolutions? Are they just memories, too?

While many of us make New Year’s resolutions, studies show that only 8 percent of us stick to them all year long. Vows to improve health and fitness are usually at the top of the list. But the crowds packing gyms in January tend to thin out by February or March. There are many reasons why fitness resolutions fall by the wayside, but a primary factor is convenience. If the gym or juice bar isn’t nearby, it’s so easy not to go. Well, there is good news: In terms of health and fitness options, it doesn’t get any more convenient than the Dumbo condominiums at 98 Front. 

Queens and Brooklyn buildings among top-selling in luxury real estate market in 2019

The numbers are in and 98 Front was one of the top-selling luxury residential buildings in New York City last year - ranking #8 to be exact. This collection of DUMBO condos is LEED-certified and features a distinctive Cubist facade that maximizes privacy and views while the sound-attenuated windows give residents peace and quiet rarely found in New York.

A Winter Day Indoors at 98 Front

When you live at 98 Front, the new condos in Brooklyn NY for sale, you don’t have to leave home to have a full day. The building’s extravagant amenities mean that you can work, exercise, relax, and play — all without facing the frigid winter air.

Dumbo Boutiques Will Make Your Season Merry and Bright

It may seem like you have an alarmingly short time to get your holiday shopping done. But not to worry — Dumbo has your back! With a neighborhood full of well-stocked, unique boutiques near the 98 Front Dumbo condos, we say: Stay off the internet and get thee to some of the best shopping in all of Brooklyn. We’re talking about the likes of Front General Store, Brooklyn Flea, AHA Front, Jacques Torres Chocolate, and Modern Anthology. In a single weekend of shopping, you’ll be able to find the perfect gifts for every special person in your life. 

Winter in Dumbo

The coastal enclave is a popular destination year-round—it’s one of the best neighborhoods in the city to explore on foot—and fortunate residents of the Dumbo condos at 98 Front will find themselves just a short walk from some NYC icons that are best explored in the cold weather. So, as the holiday season gets into full swing, and many of us prime for visitors, we’d like to explore some of our favorite Dumbo destinations for winter.

Cooking Up Your New Life at 98 Front

With move-ins at 98 Front just around the corner, future residents of these stunning DUMBO condos are beginning to imagine their lives in this luxurious building. These spacious homes will make hosting everything from Thanksgiving dinner to New Year’s Eve parties a breeze, while everyday touches ensure that daily life is just as stress-free. 

The Front Page: DUMBO In The News

Fall in DUMBO is in full swing. From Dock Street to Jay Street, the signs are everywhere – pop into one of the many great boutique coffee shops and see morning brews transition from iced to hot. One can almost hear the rifling-through of closets in search of longer and warmer outerwear. A stroll down cobblestoned streets reveals neighborhood boutiques deploying their autumnal collections in charming window displays.

Electric car-charging stations: The latest eco-luxury amenity

With Teslas outselling Mercedes in the US last year, the electric car revolution is upon us, and developers like Hope Street Capital are filling their new residential projects with electric car-charging stations to meet the growing demand. At 98 Front, Hope Street’s newest collection of DUMBO condos built on the former site of a parking structure, residents will have access to 14 charging stations in the building’s spacious garage. 

Dumbo’s new development deluge

As a wave of high-end development crashes over the once-quaint cobblestone neighborhood of DUMBO, The Real Deal reports that Hope Street Capital has cornered a portion of the market with 98 Front. This collection of 165 DUMBO condos for sale features a Cubist facade that resembles “a stack of children’s blocks,” as well as extensive amenities such as an indoor saltwater pool and a rooftop lounge complete with bocce court.

Guide to Drinking with a View in Dumbo

Nestled between the Brooklyn and Manhattan Bridges, and following the shoreline of the East River, Dumbo is a quaint Brooklyn neighborhood known for historic architecture, iconic views, and cobblestone streets. As residents of the forthcoming Dumbo condos at 98 Front will soon learn, the neighborhood is also replete with great spots to grab a drink and enjoy the view afforded by close proximity to Manhattan. Read on for our guide to drinking with spectacular views in Dumbo — your new favorite hangout might just be here.

Explore Vintage Threads and Local Fare at the Iconic Dumbo Brooklyn Flea Market

The best part about living at 98 Front is its location in the heart of Dumbo, giving residents easy access to everything from fine dining to cultural spaces — including a unique marketplace that is just around the corner. Every Sunday during the summer, at The Archway under the Manhattan Bridge in Dumbo, New Yorkers from all boroughs flock to sample wares from the many vendors who make up Brooklyn Flea. Since the summer of 2008, Brooklyn Flea has set up shop on Saturdays in Williamsburg and on Sundays in Dumbo (from April through October), bringing local cooks, craftspeople, vintage vendors, and artists together in one place. 

ODA’s Cubic Condominium Building At 98 Front Street In DUMBO, Brooklyn Nears Completion

New photos at YIMBY show the pixelated exterior at 98 Front rapidly nearing completion just a month after the DUMBO condos hit the market. ODA’s design for the concrete and glass facade, which was inspired in equal parts by the surrounding warehouses and the cubist art movement, is reflected within these spacious homes, which feature large windows that look out on historic DUMBO and the Manhattan skyline beyond.

Saltwater pools: The new luxury amenity in NYC

When putting together the amenity package at 98 Front, saltwater was chosen to fill the pool in the building’s private spa. Saltwater, as opposed to the highly chlorinated mixture traditionally used in pools, is gentler on the skin and eyes, and some adherents believe it has anti-stress properties. Even if the saltwater doesn’t have mood-enhancing effects, residents of these DUMBO condos will feel rejuvenated after spending time in 98 Front’s yoga studio and hot tub, which, along with the pool, are housed in the building’s naturally lit spa. 

A Day in Dumbo: A Destination Neighborhood You Can Call Home

To say that Dumbo has been experiencing a renaissance is a bit of an understatement. It’s more like the spirit of Dumbo is one of constant discovery. Some of the best Brooklyn has to offer is concentrated here in one deeply cinematic place, and the Dumbo condos for sale at 98 Front Street put you right in the heart of it.

DUMBO’s Newest Ground-Up Condominium, 98 Front, Officially Launches Sales

Hope Street is bringing a rare collection of new homes to Brooklyn’s sought-after Dumbo neighborhood, as Brooklyn Patch reports in its piece about the launch of sales at 98 Front. The ODA New York-designed building features a concrete cubist facade that ties the building to the area’s industrial past while making a bold architectural statement about the city’s future. 

Hopestreet’s 98 Front Launches Sales in Dumbo

After a year of previews, the Dumbo condos at 98 Front Street are on the market, representing one of the largest and most luxurious collections of new homes coming to the sought-after neighborhood. Developed by Hope Street and designed by ODA New York, 98 Front features over 100 architecturally distinct homes among its 165 new residences, all of which include high ceilings and oversized windows that flood the interiors with natural light.

Finding a NYC apartment with private pool access is easier—and more affordable—than you might think

Recognizing that the summer heat has truly set in, Brick Underground ran a roundup of New York condos with access to cooling pools, and the luxurious saltwater pool at 98 Front was dubbed the city’s coolest pool.

Brooklyn Bridge Park: Movies With A View 20th Anniversary

This summer, the Movies with a View series at Brooklyn Bridge Park is celebrating its 20th anniversary with a slate of New York classics and deep cuts that are sure to make for memorable screenings. Every Thursday in July and August, Brooklynites (and other New Yorkers) flock to Pier 1’s Harbor View Lawn for a night of refreshments, Manhattan skyline views, and, of course, the silver screen.

DUMBO’s Newest Ground-Up Condominium, 98 Front, Officially Launches Sales

Sales have launched at 98 Front, the new collection of DUMBO condos from Hope Street and ODA New York. This 10-story, ground-up development features a contextual design that combines the area’s industrial past with its residential present to create a unique cubist facade with nestled terraces and oversized windows.

Hope Street Capital Debuts New Condominium Project At 98 Front Street In DUMBO, Brooklyn

Sales have officially launched at 98 Front, the new collection of luxury DUMBO condos from Hope Street and ODA. The 10-story development features a contextual concrete facade that combines brutalism and contemporary concrete-and-glass aesthetics, providing both a striking exterior and fantastic Manhattan skyline views through the oversized windows.

Explore the Time Out Market

It’s no secret that New York City is a veritable foodie paradise, but with critically acclaimed restaurants and yet-to-be-discovered gems tucked into nearly every neighborhood, the prospect of navigating the incredible food scene can be daunting. For guidance, many of us turn to food critics. After all, who better to guide you on a culinary adventure than someone who makes a living scouring the city for the best eats? 

ODA-Designed 98 Front in DUMBO Officially Launches Sales

Developer Hope Street Capital and architects ODA just put 98 Front on the market, signaling the final phase for this much-anticipated collection of Dumbo condominiums. Ranging in size from studios to spacious four-bedroom homes, these residences feature oversized windows with city and river views, handcrafted kitchens with custom Italian cabinetry and high-end fixtures and hardware, and gracious 10-foot ceilings.

ODA's Cubist 98 Front Street launches sales in DUMBO, from $670,000

The 165 luxury Dumbo condos at 98 Front are now on the market. Developer Hope Street Capital launched sales last week on this collection of chic homes in the intimate Brooklyn neighborhood, which is rich with hip eateries and historic hideaways.

Salt Water Pools, the New Must Have at Luxury Developments

As more developers include saltwater pools in their residential buildings, Hope Street and ODA have taken the luxury spa amenity to a new level at 98 Front. This collection of DUMBO condos features a double-height pool area with a glass-enclosed steam room, whirlpool hot tub, and adjacent state-of-the-art fitness center.

98 Front | Dining on the Waterfront

A home on the waterfront in Dumbo, Brooklyn, translates into the best in waterfront dining. Incredible views and even more incredible cuisine await near the Dumbo condos at 98 Front. The only question is where to begin. From Sugarcane to Cecconi’s and The River Café to Celestine, there’s a lot happening near the shoreline in Dumbo.

New Dumbo Condo Will Offer Luxury Living at a Lower Price

Named for the acronym “Down Under the Manhattan Bridge Underpass,” Brooklyn’s DUMBO neighborhood has become quite trendy in recent years, forming part of the Brooklyn Tech Triangle and preserving a slice of the city’s architectural history. As housing prices skyrocketed, Hope Street Capital set out to build 98 Front, a collection of luxury condos in Brooklyn that start below the regular asking price for high-end homes in hip areas.

Striking ODA-Designed Concrete Condo Building Tops Out on Adams Street in Dumbo

Brownstoner reports that 98 Front has topped out at 10 stories in Dumbo, marking an important milestone in the construction of these new condos for sale in Brooklyn, NY. 98 Front is being designed by ODA, who created a boxy concrete facade that brings a modern industrial aesthetic to the red-brick neighborhood. When complete, 98 Front will be home to 165 spacious luxury residences with high ceilings and a minimalist sensibility,aswell as a suite of amenities that includes a ground floor community center, an underground pool and residents’ lounge, a roof deck, and parking for 65 vehicles.

Hope Street’s DUMBO Project Poised to Launch Sales

98 Front has topped out in beautiful Dumbo, and developer Hope Street Capital is celebrating by launching a sleek teaser site for the 165-residence building. Designed by ODA, 98 Front is bringing a glass-and-concrete minimalism to the former warehouse district: the building’s facade is made of concrete boxes filled with floor-to-ceiling windows. Inside, residents will find these Dumbo condos spacious and modern, complete with high ceilings and generous proportions. Even better, 98 Front is designed according to the exacting LEED standard for sustainability, making it a fantastic example of how to construct attractive and ecologically conscious luxury housing in the New York City area.

NEW DEVELOPMENT: Avalonbay launches Central Park condo

Real Estate Weekly featured 98 Front Street in its roundup of exciting new homes coming to market, highlighting the sustainability and high-tech design at the forthcoming collection of Dumbo condominiums. When complete, 98 Front Street will be home to 165
minimalist residences ranging in size from studios to three bedrooms. The building was designed by ODA to meet LEED environmental sustainability standards, and elements like the insulated, sound-attenuated windows by ALUMIL help to keep in the heat and keep out unwanted noise. The residences will be equipped with state-of-the-art smart-home technology, including ButterflyMX smart intercoms and Latch smart-access keyless locks.

Rent the Runway just signed a big lease in Dumbo

Dumbo is booming, and the Real Deal is reporting that subscription-based clothing service Rent the Runway is moving their offices to the hip neighborhood.

98 Front Street in DUMBO Launches Teaser Site, Releases New Renderings

DUMBO, Brooklyn – Hopestreet is pleased to announce that 98 Front Street, DUMBO’s newest ground up condominium has launched a teaser website (www.98Front.com) that provides interested buyers a first look at the minimalist, concrete-sculptured luxury development. 

Construction Update: 98 Front

Construction Update: 98 Front

For Dumbo, a Different Kind of Condo

The New York Times reports that Hope Street Capital is bringing a new type of Dumbo condos to the booming neighborhood, now that 98 Front, the ODA-designed collection of 165 residences, is going up across the water from FiDi. With prices starting below $1 million, 98 Front offers residents luxurious accommodations well below the neighborhood’s average price without sacrificing design or comfort.

As 98 Front Street tops out, teaser site launches for new DUMBO condos

About a year and a half after Hopestreet bought 98 Front Street from the Jehovah’s Witnesses, the DUMBO site looks remarkably different: The new condominium has topped out at 11 stories, and its unique concrete-sculpted design by ODA Architecture is already apparent.Next to go in are the oversized, insulated, sound-attenuated windows that will fill the apartments with maximum light and minimum city noise, features that will help it toward LEED certification. 

New Renderings Reveal ODA-Designed Condominium At 98 Front Street In DUMBO, Brooklyn

With sales expected to launch this Spring, new renderings and a teaser site are now live for 98 Front Street, one of the latest ground-up condominium developments in DUMBO, Brooklyn. 

Introducing 98 Front, the Newest Ground up Luxury Condominium in DUMBO

98 Front, the newest ground up luxury condominium in DUMBO, Brooklyn, is the 11-story luxury condominium designed by ODA New York. 

Sales for new DUMBO condo building launching this spring

A teaser website is up for the 11-story condominium building called 98 Front Street in DUMBO featuring 165 studio, one-, two-, three- and four-bedroom residences ranging in size from 400 to over 2,000 square feet. Asking prices are expected to start at approximately $595,000.

Massive Vegan Restaurant to Open Inside Etsy Headquarters

The ground floor of the popular craft marketplace in Brooklyn will be occupied by chef Matthew Kenney’s newest plant-based concept Hungry Angelina. 

DUMBO, Brooklyn Heights among city’s healthiest neighborhoods to live in

A study led by experts at StreetEasy and Seamless has deemed DUMBO and Brooklyn Heights two of the healthiest places to live in the city, Patch reported.

Soho House Bringing Its Brand of Coworking to Dumbo, Brooklyn

Another coworking company is heading to New York City, this time setting up shop on the waterfront in Dumbo, Brooklyn.

Where to Eat and Drink in Dumbo

Locally sourced American cuisine and dreamy waterfront views are abundant

Dumbo, Brooklyn: Preserved in Amber. Sort Of.

The once-quiet neighborhood, one of the city’s most scenic, is now decidedly upscale — and a major tourist destination.

BIG shows off its new full-block office in DUMBO

Bjarke Ingels Group (BIG) has completed its move to Brooklyn, setting up shop in a new 50,000-square-foot office space only a stone’s throw from the Brooklyn Bridge.

First group of chefs revealed for Time Out’s food hall in Dumbo

From the company that tells us where and what to dine in New York City, comes a brand new food hall with some seriously good eats. 

Brooklyn Public Library will debut a new branch in Dumbo in 2020

This will be the 60th branch of BPL and the first new Brooklyn Public Library branch built since 1983