News: Owners Developers & Managers

FirstService Residential named property manager of Front & York

Brooklyn, NY FirstService Residential has been appointed property manager for Front & York, a new mixed-use residential property in DUMBO. The property comprises 480 condominium residences, resort-class amenities and 150,000 s/f of retail space.

FirstService Residential was first retained by ownership in July 2017 to provide pre-development consulting services including design drawing review for front and back of house operations, amenities, and initial budget development.

“Front & York establishes a new standard for luxury condominium developments in DUMBO and the borough at-large,” said Marc Kotler, senior vice president of FirstService Residential’s New Development Group, which provided pre-development consulting services to the project team. “We are delighted to continue working with the building, now serving as property manager, and we are committed to delivering the highest caliber of service for this keynote residential property.”

Designed by Morris Adjmi Architects, the 12-story building occupies a full city block and comprises more than one million square feet. The design team modeled the building after the many warehouse properties that once peppered the neighborhood in an effort to bridge historic architecture with contemporary industrial style.

Within, the residences are spread between the two towers, “Front” and “York,” that bookend the building’s eighth-floor amenity deck. Available homes range from one- to four-bedroom accommodations, all featuring 10’ ceilings, chevron patterned white oak flooring, top-of-the-line appliances, marble countertops and custom-designed Italian white oak cabinetry. Bathrooms feature radiant heated marble floors, cast-iron tubs, and white marble. All homes also include filtered water and NEST thermostats.

The eighth-floor recreation deck includes the most all-encompassing residential amenities DUMBO has ever seen. Offerings include a landscaped outdoor terrace and pool deck with lounge seating and private cabanas, dining area for outdoor entertaining, and an open-air screening theatre. Indoor amenities include a billiards lounge, a large wine room and catering kitchen for private events, co-working space, a coffee lounge, gaming lounges equipped with Xbox consoles and retro arcade machines, a music room and a children’s playroom. The building also houses a parking garage designed to accommodate 700 vehicles—one of the largest private residential garages in DUMBO. The garage also includes electric vehicle charging stations and bicycle docks.

Front & York residents also have privileged access to an all-encompassing, professionally managed wellness club. Comprising over 77,000 s/f, the wellness club includes a luxury fitness center, a full-service salon and spa, a health-oriented café, a full-size basketball court and the largest indoor pool in DUMBO.

MORE FROM Owners Developers & Managers

Versant Media Group signs 84,509 s/f lease expansion with Columbia Property Trust

Manhattan, NY Columbia Property Trust, Inc. with Versant Media Group, Inc., a new publicly traded modern media company, has entered into a long-term lease extension and a three-floor, 84,509 s/f expansion at 229 West 43rd St. The agreement will establish the property as Versant’s New York City corporate office
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
IREON Insights:  Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

IREON Insights: Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

If you are a company that either claimed or qualify for the research and development tax credit you need to be aware of the following update resulting from the One Big Beautiful Bill Act (OBBBA).
Follow the upside: How NYC  investors are rethinking real estate - by Thomas Donovan

Follow the upside: How NYC investors are rethinking real estate - by Thomas Donovan

In my earlier years of brokerage, my team had our investor list divided into five brackets – multifamily, retail, office, industrial and development. For the most part, multifamily investors only wanted to see multifamily
Hunt Commercial Real Estate Question and Answer:  Evaluating the buyer - by David Hunt

Hunt Commercial Real Estate Question and Answer: Evaluating the buyer - by David Hunt

The Purchaser: This is usually a subjective decision. As an example, a large public company may be a desirable purchaser because it is financially strong, but
Hunt Commercial Real Estate Q&A:  Location, location, location? - by David Hunt

Hunt Commercial Real Estate Q&A: Location, location, location? - by David Hunt

In working with our clients, we break down our search objectives into two categories. The first category involves the specific needs of your business such as warehouse height, amount of office space and number of loading