Via Time Out Market

Time Out Group, the British company that writes up everyone’s favorite freebie magazine Time Out New York, announced on Wednesday that it will open a massive food hall in Brooklyn this year. Set to open between October and December, the 21,000-square-foot Time Out Market New York will be located in the Empire Stores at 55 Water Street in Dumbo. According to the company, the food market will feature a group of 20 restaurants hand-selected by the magazine’s editors, three bars and a performance stage.

Dig in

If you’re looking to live in Dumbo, as many are, loft living is definitely the way to go. 50 Bridge Street, built in 1907 as a warehouse in what is now the waterfront neighborhood’s landmarked historic district is offering this two-bedroom condominium loft with ceilings over 10 feet, a recent renovation, and plenty of modern convenience. Asking $1.425 million, the 1,259 square-foot space brings tin ceilings and millwork by a local craftsman to the mix, setting this loft apart from so many of its white-box-and-brick neighbors.

See more of the loft

Mayor Bill de Blasio and the New York City Economic Development Corporation released their official pitch for Amazon’s second headquarters on Wednesday, one day before the deadline. Boasting the city’s talented tech workforce, the de Blasio administration has pitched Midtown West, Long Island City, the Brooklyn Tech Triangle (DUMBO, Downtown Brooklyn and the Navy Yard), and Lower Manhattan as the four best spots for Amazon to call home. The tech giant’s nationwide competition, announced in September, set out to find their next headquarters, called HQ2. The company promises the headquarters will bring 50,000 new jobs and $5 billion in initial city investment.

Find out more

If you’ve visited Brooklyn Bridge Park then it’s likely you’ve seen 8 Old Fulton Street, the historic brick cooperative–with the red door–directly facing the park. In the 1860s, this building was constructed for the Brooklyn City Railroad Company. Today the landmark holds just 10 co-ops, meaning it’s rare to see apartments up for grabs. But this one-bedroom triplex has hit the market for $1.975 million, decked out with columns, exposed brick and twelve-foot ceilings. The previous owner was the artist Caro Heller, who passed away in 2014. According to public records, her children–an adventure writer and gallery owner–have listed the property for sale.

See the stunning interior

While Soho and DUMBO might have to fight it out over which was the more original loft neighborhood, there’s no doubt that they brought living in a big, airy, open former industrial space, with maximum flexibility and minimum furniture, to a whole new level of cool. This loft at 50 Bridge Street in the Brooklyn waterfront neighborhood brings both loft and luxury living up-to-date, and at a $1.3 millon price it doesn’t rule out the entire creative class.

Get the loft tour

So…a 2,700-square-foot four-story townhouse with a garden and a roof deck, in a cool Dumbo factory loft complex with condo perks like a gym and cold storage? It sounds like the best of all possible worlds to us. And while the $3.95 million price on this “resplendent mix of modern and industrial charm” at 37 Bridge street might be no small sum by any stretch, you’re certainly getting the bonus of not having to choose between location, space, or convenience.

See how the place stacks up

And just like that, the record for the most expensive condo ever sold in Brooklyn has been broken. A triplex penthouse at 1 Main Street, atop the Clock Tower building in Dumbo, sold for $15 million, beating out a unit at Brooklyn Bridge Park’s Pierhouse that closed for nearly $10.6 million just last month. As the New York Post reported, the historic unit had a hard time finding a buyer; it sat on the market for nearly six years, switched brokerages and chopping its price tag several times.

See the iconic Clock Tower here

Architecture firm Bjarke Ingels Group (BIG) has just added heft to the big-name design, media and technology shift that has been setting up shop in Brooklyn. BIG, founded by noted Danish architect–and DUMBO resident–Bjarke Ingels, just signed a lease for 50,000 square feet at Two Trees’ 45 Main Street building in the Brooklyn waterfront neighborhood, with plans to relocate their Manhattan office at 61 Broadway to the new space, which is twice the size of the company’s current NYC headquarters. As 6sqft previously reported, Ingels purchased a $4 million penthouse home at 205 Water Street with views of 2 World Trade Center back in 2015.

Find out more

Back in 2012, Megalith Capital Management and Urban Realty Partners bought two neighboring DUMBO sites from the Jehovah’s Witnesses for more than $30 million. They then tapped Aufgang Architects to design both warehouse conversions: a landmarked former Brillo factory at 200 Water Street was transformed into 15 boutique condos; 181 Front Street into a 105-unit rental. Twenty percent of apartments in the latter development are reserved as affordable, and as of tomorrow, New Yorkers earning 60 percent of the area median income can apply for these 21 units, which range from $895/month one-bedrooms to $1,247/month three-bedrooms.

Get all the info here