Aug 20, 2009

The Most Expensive Property In Brooklyn, New York



A stunning triplex penthouse apartment that overlooks the Brooklyn Bridge and New York Harbour has just been listed for $25 million USD, making it the most expensive property in Brooklyn (if it sells mind you). The penthouse sits atop one of the tallest buildings in Dumbo, the cobblestoned neighborhood that sprang to life in the 80s in a former industrial area between the Brooklyn and Manhattan Bridges.




Unsurprisingly, the apartment was commissioned by David Walentas, the creator of the Dumbo neighborhood (I hate this name!). The building was originally a cardboard box factory, a relic from New York’s industrial past. Walentas renamed the factory the ClockTower Building and converted it first into offices for the New York State Labor Department, and then into 124 condominiums in 1998.





The ClockTower Building Penthouse


– Listed at $25 million USD
3,000 square foot main floor features an open concept design with 16 foot ceilings
– Each wall is dominated by a striking 14-foot fully functional window clock
– A glass-walled elevator and a three-story floating staircase at the center of the space lead to smaller floors that narrow toward the top of the tower
– There are three bedrooms on the 2,300-square-foot second floor
– On the third floor, there is a 988-square-foot open loft with a 15-foot ceiling
– Of course, at the very top of the building is a tiny windswept crow’s nest




The highest sale price on record for a home in Brooklyn is the $11 million sale of a house in 2006 in Gravesend. The highest price paid for a condominium is the $7 million sale of a 14th-floor apartment at the ClockTower building last year. That condo is now listed for sale at $8.5 million. (Is it coincidence the two most-expensive condos in Brooklyn are for sale and in the same building?)




Walentas’s real estate company recently won approval to construct an 18-story building near the base of the Brooklyn Bridge over the objections of neighborhood residents. Walentas says the building will not affect the views from One Main Street, as the ClockTower Condo is also known.



The glass-walled elevator and a three-story floating staircase



A glimpse into a second-floor bed and bath



Surprisingly, the sofa will not be included with purchase



Watch out!



Do you have the time? Why yes, it’s $25M past poor o’clock






All information and photographs from the New York Times article and slide show below:

All photographs by Ángel Franco for The New York Times

Maximum respect to my friend Paul for showing me this beautiful property. Good Look!







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