Sales have begun at Olympia Dumbo, the tallest residential building in the much-sought-after DUMBO neighborhood.
Olympia Dumbo’s condo units are the most expensive in Brooklyn, according to online sources. The property, according to the developer, Fortis Property Group, “offers 76 residences, ranging from one to five bedrooms with private terraces, plus penthouses, starting at approximately $1.75 million.”
In general, DUMBO is now the most expensive neighborhood in Brooklyn, according to a report from Property Shark in January that was referenced in the Eagle. “Despite a 31 percent drop in the number of sales in the neighborhood from last year, prices in DUMBO edged up 8 percent, resulting in a median sale price of $1.625 million for DUMBO co-ops and condos,” the report said.
The 33-story condo tower, designed by Hil West, is described as featuring “sail-like architecture.” The terraces on one side are receded a little on each floor, giving the building a step-like — or sail-like — appearance. This evokes the waterfront neighborhood’s nautical past.
The terraces at the side of the Olympia building, receding a little on each floor, are meant to give the tower a “sail-like” appearance. Photo by Marchmade
The building, whose actual address is 30 Front St., is named after an early neighborhood, or village, in DUMBO, according to a publicist for Fortis. In the late 18th century, after the American Revolution, brothers Comfort and Joshua Sands founded a settlement called Olympia near today’s Main Street. In time, the settlement was absorbed by the overall town of Brooklyn.
In addition to the condo units, Olympia Dumbo features 38,000 square feet of indoor and outdoor amenity spaces spread over three floors, according to Fortis. Residents enter through a wide entrance into a double-height lobby with an adjoining garden lounge.
The entryway into DUMBO’s new Olympia Dumbo condo building. Photo by Marchmade
The development has a wide array of fitness offerings, including both indoor and outdoor pools, a fitness center, a private outdoor tennis court with views of the Brooklyn Bridge, a sauna and steam room, a movement studio, a spin center and juice bar.
The colorful children’s playroom at Olympia Dumbo. Photo by Marchmade
As for Olympia Dumbo’s youngest residents, they have access to
a playroom, outdoor shipwreck-themed playground and private park, and a waterpark.
The development is described in detail at its website. Fortis is also the developer of the Long Island College Hospital site in Cobble Hill.
SUNSET PARK — “As a resident of Marine Park, one of the great surprises I found biking around Industry City and visiting Japan Village was to discover Bush Terminal Park. I continue to be amazed at the serene hideaways that the city offers in some of the busiest places — and, still, with an iconic view.”
BROOKLYN HEIGHTS — ‘A miracle that no one was killed …’ That’s what neighbors are saying about the collapse of the Hotel St. George marquee. Shown in this photograph are workmen beginning the removal and repair of the historic, old neon sign at the corner, referencing a relic of Brooklyn Heights’ past: the St. George Hotel.
ATLANTIC AVENUE — Exhausted shopper with cluster of bags and goods from mall at Boerum Place stops to look at huge construction site across the street. “Is that REALLY going to be a jail??” Her male companion is reassuring, “Nothing like Rikers … this is 21st Century.”
BROOKLYN HEIGHTS — Overheard in line at one of most popular pastry outlets on Montague Street: “Hope I can get them into a camp …” A mother with two pre-schoolers in tow was showing a friend the Dodge Y flyer for Healthy Kids Day on Saturday, April 18.
