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Latest posts by Gea Elika (see all)
- Accepting the First Offer on Your Home - May 18, 2018
- FOR SALE: Consider this Before Making a Price Cut on Your NYC Apartment - May 17, 2018
- What is a Real Estate Closing Statement? - May 14, 2018
With a total of 108 units, Pierhouse has the distinction of being the first newly constructed residences within Brooklyn’s Waterfront Park. Not only will the building provide residents with everything that Dumbo has to offer, but it’s also an environmentally conscious space.
The Brooklyn waterfront has seen a lot of change over the last few centuries. Originally a rural village, it slowly grew into one of the world’s busiest ports. And now that this area has transitioned into an amazing park and residential area, Pierhouse is giving residents a way to embrace the area’s history and natural wonders. Toll Brothers City Living and Starwood Capital Group form the team responsible for making the dream of Pierhouse a reality. In 2012, Toll Brothers paid $42.5 million to secure a 97-year lease for the land being used to build Pierhouse. Once the land was secure, the team enlisted the help of Rogers Marvel Architects.
One of the unique features of Pierhouse is it’s actually two buildings. There’s a four-story building, as well as a 10-story building. In addition to residences, the 10-story building will have 192 hotel rooms. Green design plays a significant role in the architecture of Pierhouse. Rogers Marvel Architects specifically wanted a design that seamlessly blended both buildings with the world-class park it occupies. Planted terraces traverse the facade and create a design that gradually steps down to meet the surrounding green lawn.
Some of the features of Pierhouse’s residences include living rooms with 18-foot ceilings, 600-year-old heartwood pine floors, high-efficiency LED lighting and blackened steel accents. Kitchens feature Gaggenau appliances, marble countertops, American walnut cabinets, undercounted wine storage with space for 18 bottles and an odorless composting unit.
Master baths feature a Honed Statuarietto marble countertop, marble tile floor and standalone tub. Secondary baths have a walnut and brushed nickel vanity, while the powder rooms showcase recycled Lithoverde Carrera marble floors and walls.
Residents will be able to enjoy a 24-hour concierge, fitness center, meditation studio, residents’ lounge, pet wash and children’s playroom. Residents hosting guests will also have convenient access to the hotel component of Pierhouse.
Even though there’s still a lot of work to be done before Pierhouse is complete, units are selling very quickly. In fact, the sales are actually setting records. For example, a four-bedroom penthouse went into contract for $11.18M. That price makes it the most expensive condo to be sold in the borough. In addition to the penthouse, over 40 of Pierhouse’s 108 units have been sold. Based on those sales, the average price per square foot in Pierhouse is $1,800. In terms of space, 1 bedrooms range from 1,200 to 1,800 square feet. There are also 2, 3, 4 and 5 bedroom residences. All of the 5 bedrooms have between four and five thousand square feet of space.
One of the reasons that the Pierhouse is such a great place to call home is the waterfront location. Located on the border of Dumbo with the unique character of Historic Brooklyn Heights, it also provides convenient access to the rest of Brooklyn and Manhattan.
[ Pierhouse NY ]