In the recent Spike Lee film “Highest 2 Lowest,” actor Denzel Washington, playing a music mogul, spends a good portion of the movie in his sprawling Dumbo penthouse, negotiating the release of his kidnapped son.
Now, it appears some more pleasant negotiations have gone down between a buyer for the starring unit and Fortis Property Group, the developer behind the property. The penthouse went into contract with a last asking price of $17.5 million, according to StreetEasy.
The deal comes three years after the building’s other penthouse on the 33rd floor appeared to go into contract with an asking price $17.5 million. That unit then appeared back on StreetEasy asking $15 million last summer without having closed, before being taken off the market at the end of the year. (The New York Post reported the wishy-washy buyer was actor Michael B. Jordan).
If Penthouse B closes at that price, it would be the second most-expensive condo sold in the borough and the most expensive on a price per square foot basis, at over $3,550 per square foot, according to a spokesperson for the building. A condo at Quay Tower that sold for $20.3 million still holds the record for the borough’s most expensive condo trade.
Spanning almost 5,000 square feet across the entire 32nd floor of the sail-shaped building on 30 Front Street known as the Olympia Dumbo, the 10-room condo features five bedrooms, four full bathrooms and a home office.
The home has 360-degree views and a private terrace that spans over 500 square feet and looks out to Manhattan’s southern skyline.
Amenities include a 24-hour doorman and concierge, a full-size tennis court, indoor and outdoor swimming pools, and a fitness center with a boxing gym and spin studio.
After launching sales in 2021, the project has sold roughly two-third of its units, according to Marketproof, and rotated through a number of sales teams, many of whom claim ownership to this latest contract, along with Douglas Elliman Development Marketing.
The group includes Elliman’s Jessica Peters and Carl Ekroth of the Jessica Peters Team, Karen Heyman and Casey Heyman of Sotheby’s International Realty, and Elliman’s Fredrik Eklund and John Gomes of the Eklund Gomes Team.
Despite sponsor sales moving in fits and starts, the building still lays claim to being the most expensive in Brooklyn, with units on average selling for $2,436 per foot, roughly $400 more than notoriously pricey developments on the Williamsburg waterfront like Williamsburg Wharf and One Domino Square.
The building also scored its first resale last year, when unit 27A sold for nearly $10 million, or roughly $3,300 per foot, less than two years after the seller had purchased the condo for $8 million. Former Brooklyn Net Ben Simmons listed his duplex apartment in the building last year for nearly $17 million, after purchasing the condo in 2023 for $14 million.
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