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May 2020

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.

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