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Today's Featured Building: Bridge No. 50

Bridge-NY-Exterior.jpg

Originally used as a warehouse and constructed in 1904, Bridge No. 50 was converted in 2004 and now offers 58 true loft residential condominium units. The residences found in the historic building are all uniquely designed and feature large open spaces with exposed beams and high ceiling of 10 to 16 feet. Some of the units are multi-leveled with loft spaces and large terraces.

Exterior of Bridge No. 50

These raw spaces allowed the owners in the building to design their own spaces, making for a completely unique residential building. The building offers a common rooftop deck with Manhattan and water views. Other amenities in the building include a concierge and common laundry area, as well as the J51 Tax abatement until year 2019, which is a property tax exemption and abatement for renovating a residential apartment building.

The area of Dumbo is one of Brooklyn's most sought-after neighborhoods near the Manhattan Bridge. Bridge No. 50 is located on the East side of Dumbo nearing Vinegar Hill, which is situated at the shoreline of Wallabout Bay. Cobbled streets, small shops, and waterfront views are all part of Dumbo's charm.

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Cities and Regions:

Region Buildings Housing Units
New York City, NY 625 103,068
Los Angeles, CA 77 10,247
Vancouver, BC 223 39,498
Chicago, IL 51 14,683


Staff Picks:


740 Park Avenue - Known as one of New York City's premiere apartments buildings, 740 Park Avenue is famous for being the childhood home of Jacqueline Kennedy Onassis.

Ansonia - A former hotel with a long and storied history of famous residents, scandals, and tumultuous times, the Ansonia is known for its distinctive architecture and lavish design detailing.

City Spire - At the time of its construction, City Spire was the world's second tallest concrete building, and today is known for its record setting three floor penthouse with panoramic views of Manhattan.

Apple Bank Building - A landmark building that once housed the Central Savings Bank, the Apple Bank Building is known for its luxury, including a fitness center that is illuminated by a chandelier.

Downtown By Starck - A conversion project by famed architect Philippe Starck, this building has been dubbed the Downtown Insanity Palace due to its numerous over the top luxury amenities.

Rutherford Place - A former maternity hospital, Rutherford Place is now a condominium residence in Gramercy Park, and a classic example of the Beaux Arts architectural style.

Jade- With interior design by Jade Jagger, this building introduced Manhattan-ites to pod style living.


News:

Home mortgage rates and real estate news - CNNMoney.com

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The average interest rate on a 30-year mortgage increased to 3.94% last week.
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Some cities are changing the rules to allow tiny homes, either on individual lots or in tiny home subdivisions.
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More U.S. residents are moving out of California than moving in.

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