Dumbo Newsletter - May 2018

$60M Closed Dumbo Sales - 2017

The HK Team at Compass
Neighborhood News
Blake Lively Hosts

Shutterfly  hosted the fifth annual  Baby2Baby  Mother's Day Celebration at The Wing Dumbo marking Baby2Baby's first event in New York. Blake Lively  was in attendance to host the festivities and Shutterfly announced a $350K donation to Baby2Baby for 2018.
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Important Neighborhood Meeting Tonight

May 16th from 5.30 - 8.30pm @ Dock St School, 19 Dock St, Brooklyn, NY 11201. The Dumbo BID is asking residents to attend a discussion of the possible uses for the now vacant section of the BB Park, under the Bridge. If you can attend, register with your email here .
Dumbo Remains Priciest Brooklyn Neigbhorhood

DUMBO is the only Brooklyn neighborhood to crack the list’s top ten—in at #5 with a median sale price of $1.97M and 15 transactions in Q1 of 2018, a 13% year-over-year decrease for our neighborhood.
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Who is DUMBO's Quaint, Quirky Cousin?

Commandants. Cobblestones, and Con Ed-
The Brooklyn Eagle takes its readers on a tour of Vinegar Hill.
Steps from the hustle and bustle of Dumbo, it's a quiet place of rugged beauty.

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Food News
OddFellows’ caters to ice cream and coffee lovers

Nolita based OddFellows plans to open another signature ice cream parlor at 60 Water Street in DUMBO this summer.

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Bluestone Lane in Dumbo Heights is now offering what are also called "fat bombs", "energy balls" and "fat boys".

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Development News
85 Jay Street
Dumbo Brooklyn

Schematics, massing diagrams showing only outlines but no details, have been posted for Kushner Companies’ 85 Jay Street. Two towers will be built in the southwest and northeast corners.

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Peek Inside Luxury Condos Headed To
Brooklyn Bridge Park

Developers released interior renderings of the condos at Quay Tower, which will start at $1.9 million when they go on sale in the spring.

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205 Water Street, Loft 6B
You can have it all in this spectacular Dumbo loft: high ceilings, abundant light, floor to ceiling windows, cutting edge modern appointments, and an expansive
south facing terrace.
Loft 6B at 205 Water Street is a thoughtfully curated home that invites grand living and entertaining.

A gracious foyer leads into the 30 foot great room with an entire wall of triple glazed casement windows facing south over the 450 square foot terrace piped for water. The designer kitchen opens onto the living and dining areas and offers polished Quartzite countertops, an oversized island, state of the art cabinet faced appliances, wine refrigerator, and elegant custom cabinetry. 

The huge terrace faces south and is bathed in full sun all day. A built-in dining bar features storage for grill accessories and landscaping needs. Outdoor space of this dimension, contiguous to the living area, is a true rarity in Dumbo. .

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The HK Team at Compass
The HK Team has over $500 million in closed sales, 20 years combined real estate experience, and more than 50 years as residents in the greatest city in the world. Our clients know us as experienced, hardworking, dedicated and knowledgeable brokers... passionate about real estate... fully committed to the needs of our clients... and experts across all property types and price points. We represent buyers, sellers, landlords, tenants and investors. We advise them to "demand more from your broker." We believe the process of buying and selling real estate in New York City does not need to be stressful, it can actually be fun. Call/email us - we would love to partner in your real estate success.

Charlie and Doug