Dumbo NYC

[UPDATE: There's also filming for "FWB" on Everit Street at Old Fulton Street and on Water Street at Old Fulton Street. Pic below.]

Rubicon is filming in Dumbo again today– On Front Street between Pearl and Bridge Streets and on Jay Street. Rubicon is a new tv series on AMC previously filmed in Dumbo.

Also, something called “Booming Is” is being filmed on Main Street at Water Street.

First 55 Washington Street is being repaired due to a falling debris and now 45 Main Street has a hole (see photo above the windows on the second floor) with concrete on the sidewalk on Front Street. Let’s hope no one gets hurt.

(Photo from NYTimes)

If you were saving up for the most expensive Brooklyn real estate listing, the $25million Clocktower Penthouse at One Main Street in Dumbo, you may be too late. Two Trees Management has reported to The Real Deal that the 7,000 square foot triplex is off the market. “The individual who is most serious about it is basically reserving it to make a deal,” says Asher Abehsera, a vice president at Two Trees Management to The Real Deal. They can’t reveal the buyer yet, but Abehsera says that “it would be easy to rent it for $60,000 [per month], I’ll tell you that much.” Whoever is renting to own or buying this condo will have one of the best views of NYC from that solarium on the roof.

Previously:
{One Main PH Set at $25M, 09Aug2009}
{New Co-Exclusive Listing for 1 Main Street PH, 01Feb2010}

According to Brooklyn Eagle, four digital design firms have signed leases at Two Trees Management owned buildings at 20 Jay Street, 45 Main Street, and 55 Washington Street.

• Cloverleaf Digital, a company that develops interactive television services and applications, has signed a three year lease at 20 Jay for 1,590 square feet.
• Small Planet Digital Inc., a company that designs custom iPhone games and applications, has signed a lease for 1,343 square feet over four years and two months at 45 Main. (We featured one of their portfolio companies, Freeverse earlier this year).
• Strength in Numbers Digital, a digital production company, has taken 1,173 square feet in a signed lease for three years and six months, also at 45 Main.
• Damashek Consulting, a website developer, signed a one-year lease for 1,100 square foot at 55 Washington.

Good to see that the New York Digital District family is continuing to grow in Dumbo. Welcome to Dumbo!

Three bedroom apartments are not very common in Dumbo. Many of the loft conversions are open layouts with large living/kitchen areas with one or two bedrooms and new buildings in Dumbo were designed for a couple or small families in mind (or was it to maximize the number of apartments?). Once a family has two or more children, it’s time to move out. In our view, this creates a transient neighborhood (vs families who live in a brownstone house for generations) and one that brings in young professionals (the high cost of rentals in Dumbo doesn’t attract college or graduate students who are on limited budgets.) With that said, let’s take a look at the three bedroom apartments currently on the market. Not including the $25,000,000 penthouse at 1 Main Street (Prudential Elliman listing and previously on DumboNYC here and here), there are currently 5 listings for sale in Dumbo for three bedrooms. The 42 Main Street (aka Bridgefront) just came on the market this past weekend:

• 42 Main Street #3A, $1,089,750, 3 bed/2 bath, 1,330 sq.ft ($819/sq.ft)
• 70 Washington Street #5D*, $1,495,555, 3 bed/3 bath, 1,700 sq.ft ($879/sq.ft)
• 30 Main Street #8G, $2,675,000, 3 bed/2.5 bath, 2,474 sq.ft ($1,081/sq.ft)
• 1 Main Street #14, $8,500,000, 3 bed/2.5 bath, 3,208 sq.ft ($2,649/sq.ft)
• 1 Main Street #6GH, $3,300,000, 3 bed/3.5 bath, 3,300 sq.ft ($1,000/sq.ft)

*Technically the 70 Washington listing is a 2 bedroom with a home office but is listed as a 3 bedroom on the broker’s site. Another 2+1 bed 70 Washington unit sold in 4 weeks last month for $3,850,000.

If you’re looking to rent a three bedroom, you currently don’t have much choice. There’s only one unit on the market, the $20,000 per month 3 bed, 2/5 bath, 3,208 sq.ft (Sotheby’s listing), last listed for sale at $7,800,000.

Previously:
{3 Bedroom Rentals in Dumbo (Nov 2009)}

The following three condo units just came on the market last week in Dumbo Brooklyn.

• 1 Main Street, #3C, 1 bed, 1.5 bath, 1,191sqft (floorplan), $609/mo cc, $1,385,000 ($1,162/sqft)
• 100 Jay Street #4F, 2 beds, 2 baths, 1,421sqft (floorplan), $902/mo cc, $1,395,000 ($902/sqft)
• 70 Washington Street #11I, 2 beds, 2 baths, 1,417sqft (floorplan), $585/mo cc, $1,495,000 ($1,055/sqft)

While all have their pros and cons, which one is your favorite? All are full service doorman loft buildings. Views of the bridge, check. High ceilings, check. And of course there are intangibles. And not that this should factor into your purchase, but all three have resident celebrities (the most recent being Andy Roddick and Brooklyn Decker just moving into one of these buildings). So which one is it going to be?

The publicity power of Two Trees Management has gotten recent articles in the NY Times interview with David Walentas, NY Post’s article about the Clocktower PH, among others. The NY Post writes that Prudential Douglas Elliman’s Raphael De Niro is the new co-exclusive listing agent for Walentas’ $25 million and that celebrities such as Jay-Z and Ralph Lauren have taken a look at the 7,000 sq.ft. $25 million triplex in Dumbo. The NY Times interview quotes Mr. Walentas “I’m close to selling it. We’re showing it. It’s not sold, no.” The new Douglas Elliman listing has some beautiful photos (see below) by photographer Evan Joseph. Click on each photo for a larger version:

Floorplans:
 

45 Main Street, photo by mopostal in the DumboNYC Flickr group.

Apparantly the 124 unit One Main Street building is so exclusive that it has two penthouse units on the market. The first one is the 14th floor, two bedroom 3208 sq.ft. condo that was previously Brooklyn’s most expensive condo at $7million has been listed at $8.5million ($890/mo RE tax, $2061/mo maintenance). The other penthouse, THE penthouse at One Main, is the one featured in NY Times this weekend is on the market for $25million. The photos of this condo look incredible.

Here are the stats:

• A triplex penthouse apartment at 1 Main Street in Dumbo for $25million (more than double the highest price known to have been paid for a home in Brooklyn.)
• Four 14 foot high round clocks
• A glass-walled elevator and a three-story floating staircase at the center of the space
• Main Floor: 3,000 square foot main floor with 16 foot high ceilings
• Second Floor: 2,300 square foot, three bedrooms
• Third Floor: 988-square-foot open loft with a 15-foot ceilings
• Top “crow’s nest”: A staircase that goes to the top of the building.

NY Times has some photos in a slideshow here. We saw the solarium (crow’s nest) built in early 2008. The photos and views from the condo are probably the best views money can buy for a private residence in Brooklyn and arguably in NYC.

This is a unit you can’t compare, but just for fun, if you combine the 18 penthouse units in 70 Washington, you could have purchased them all for $28million which would give you over 22,000 sq.ft. and $11,000 per month maintenance fees. Mr. Walentas mentions that this is “one-of-a-kind space that would appeal only to a one-of-a-kind buyer.” Will you buy it?

{1 Main Street Rooftop Solarium, 25Jan2008}
{High Priced Condos at One Main Under Contract, 26Mar2008}
{One Main PH Sale Sets New Brooklyn Record, 06May2008}

As we mentioned earlier, Spike Lee is directing a commercial for Rocawear, starring Jay-Z. Below are a few pics…happening now (12:15pm) on Main Street:

“Spike Lee filming Jay-Z outside the Arena as we speak” (PowerHouse Arena)

“Jay-Z commercial being shot in Dumbo” (Brownstoner)

“Jay-Z filming an advert with new DUMBO resident Spike Lee” (PowerHouse Arena) [ED: Spike's production company is based in Dumbo, but don't think he lives in Dumbo.]

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Main Street in Dumbo

Spike Lee

Spike Lee (pictured in the center with the NY Yankees cap)