Speedy condo sales at DUMBO’s 51 Jay St.
Eye On Real Estate
Hot Hot Hot.
The sizzling DUMBO luxury condo market has been written about again and again. Nevertheless, we want to offer a fresh example of vibrant demand — because we’re obsessed with the building in question, 51 Jay St.
Developers who are doing a condo conversion at the handsome old warehouse near the waterfront recently announced that more than 50 percent of the apartments in the project have been sold in less than five months.
The co-developers are Slate Property Group and Adam America Real Estate. They bought the DUMBO Historic District property for $45.5 million in 2013, according to city Finance Department records.