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Why is Dumbo so expensive???

Inside Dumbo’s Newest Rental

Here’s a look-see of Dumbo’s Gair2, the rental development where move-ins began on May 1st. You can read the full press release about it on DumboNYC. At present, 36 of the market-rate units in the conversion are rented. (About a quarter of the building’s 105 units have below-market-rate rents.) We were most impressed with the outdoor space—the two-story rooftop addition, unsurprisingly, has killer views—and 16 other units have sizable terraces. A portion of the building was also torn out to make extra terrace and window space. The rents are going from $2,300 up to $6,000 a month. Currently, the gym, bike room and lobby are still under construction, and the rooftop addition has yet to be furnished.

Shana Allen

Licensed Real Estate Sales Professional
BOND NEW YORK
25 Hudson St.
New York, NY 10013
Ofc: 212-792-9270
Cell: 646-554-5085
Email: sallen@bondnewyork.com
Web: www.bondnewyork.com

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©2011 Lifestyles by Shana