With a forest of high-rises about to sprout on the Greenpoint waterfront and Two Trees looking to build Brooklyn’s tallest tower at the old Domino Sugar Factory site, the Edge and Northside Piers are about to have a lot of competition for waterfront views in northern Brooklyn.
But for now, they’re all we’ve got, and they’ve got the price tags to show for it: one of the penthouses at the North Tower at the Edge just closed late last week for $3 million, making it the first penthouse resale in the building.
Recently, life at Williamsburg’s the Edge has been a little too… edgy. Sure, the well-heeled crowd that calls the luxury condo home was hoping for some grit when they moved to the wilds of Brooklyn, but things have become downright hardscrabble recently.
First, residents were forced to evacuate during Hurricane Sandy. Which was, arguably, the price one pays for living on the waterfront, in Zone A (and in the end things turned out fine).
on the waterfront
This weekend, Broadway’s most expensive show* celebrated it’s first birthday by finally . That’s right, somehow Spider-Man: Turn Off the Dark defied all the bookie odds and managed to stay in previews (and a brief hiatus) for 7 months before opening in June. Now it’s “officially” been at the Foxwoods Theatre for one year. Happy birthday Spidey!
This is the last thing anyone was expecting, but it looks like a new shiny tower is coming to the Williamsburg waterfront, the site of one of its more troubled developments, in fact. In a bit of a coup, Douglaston Development will build a 40-story rental tower, according to The Journal, and while they have spent years struggling to sell their Edge development, the tower is actually being built next door, on the third North Side Pier site, which had been the provenance of Toll Brothers.
If the construction of The Edge condominiums on the North Brooklyn waterfront, along with North Side Piers next door, did not seal the fate of Williamsburg As We Know It, then the latest sale in the building certainly has.
The two-towered condo project has been the best selling building in New York through the first half of the year, and helping propel it to that point is Jordan Milman, a former Deutsche Banker trader who left the firm last year to help found a hedge fund. According to The Journal, Mr. Milman and his pals at LibreMax weren’t down with the Volker Rule.
Could things get any less hip?
Monday: Ghost Town
Does anyone do misanthropy better than Ricky Gervais? The acerbic star—who will be seen cutting people down in September’s The Invention of Lying—makes hating on humanity seem not only appealing, but actually kinda normal. Ghost Town, his first foray as a lead actor in a feature film, came and Read More
Art Forum correspondent Linda Yablonsky, Giant magazine editor-in-chief Emil Wilbekin and rapper Lupe Fiasco joined more than two dozen art and fashion world luminaries at chef Marcus Samuelsson‘s Aquavit restaurant in Midtown on Thursday, April 16, for a cocktail reception and dinner in support of the Global Fund to Fight AIDS’ (RED) campaign, hosted by sneaker giant Read More
A new report shows sales and prices dropping steadily in the borough. So long, gentrification? Read More
The 575-unit Edge condo will this weekend start hosting open houses in the sales office at 135 Kent Avenue, across the street from the development. In late October, the Edge’s developer, Jeff Levine of Douglaston, told The Observer‘s Oliver Haydock that 110 of the units had already sold, including about 75 in the first Read More