Dumbo condo sets new Brooklyn record
Clock Tower penthouse
A $7 million-plus sale of a 14th-floor penthouse at Dumbo's Clock
Tower Condominium, a former corrugated cardboard factory built in 1915,
has broken Brooklyn's most expensive condo record.
The new
record comes just two months after Elizabeth Stribling, founder of
Stribling & Associates, set the record by buying a $6.6 million
penthouse apartment at One Brooklyn Bridge Park, which she is marketing.
Karen Heyman, senior vice president of Sotheby's International Realty's Downtown Office, told The Real Deal
that two West Coast men working in the financial industry bought the
Clock Tower penthouse. The apartment had listed for $7.8 million, but
Heyman could only confirm that the price topped $7 million.
The
3,200 square-foot, three-bedroom, two-and-a-half-bathroom apartment had
been on the market since August 2006, when it listed with Sotheby's for
$10.5 million. Heyman said the former owners, Bliss Spa founders
Thierry Boue and Marcia Kilgore, weren't "really particularly motivated
at that time to sell" and rented the penthouse out for a year while the
price was cut repeatedly.
Heyman said the buyers plan to use
the penthouse -- last renovated at least seven years ago -- as a
pied-a-terre, and would begin their own renovations before moving in.
"They have a place here [in Manhattan] but they absolutely love Dumbo," said Heyman.
Developer David Walentas, known for turning Dumbo
into a residential neighborhood, lives in the 15th floor penthouse.
Walentas bought the building for just $6 a square foot in 1981.
Heyman said the 16th floor, with views of the city behind a glass-faced
clock, is under renovation and "will definitely be the most expensive
unit in Brooklyn" when sold. It is expected to sell for up to $30
million.
Hayman said she just sold a ninth-floor condo for $3.99
million, the second-highest sale in the building, without listing it.
She said the buyer is a woman "who loves Dumbo and wants to be close to
her grandchildren."
Another condo is in contract for $2.87 million, to a German looking for a pied-a-terre.
A
three-bedroom, three-bathroom condo on the ninth floor that sold for
$3.16 million in March 2007 is back on the market for $4.3 million.
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