Closing Bell: First Atlantic Yards Condos Will Launch Sales This Summer, Starting at $550K

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    Pacific Park/Atlantic Yards’ first condo building, 550 Vanderbilt Avenue, will launch sales this summer, a rep told us. Prices will start roughly in the range of $550,000 and go all the way up to around $5,500,000, according to a teaser site that went live last week.

    A few more details: Units will range from studios to four-bedrooms and include penthouses and maisonettes. The design will incorporate “minimal and elegant detailing” and “a strong connection to nature,” according to the copy, as well as views of the eponymous Pacific Park that will span eight acres next door. Amenities include a landscaped roof terrace on the eighth floor, residents’ lounge with fireplace, children’s playroom, chef’s kitchen for entertaining and private events, and a fitness center.

    Construction will wrap in June 2016, according to a spokesperson.

    As we have already reported, the luxury condo development will rise 17 stories and house 278 apartments. There will also be a pool, locker rooms, a shared library, common roof terrace and 198 bike storage spots.

    The 100 percent affordable rental building next door at 535 Carlton Avenue, also designed by COOKFOX, is also supposed to wrap in June 2016.

    Click through to see a rendering of the whole building.

    550 Vanderbilt [Official]
    Atlantic Yards Coverage [Brownstoner]
    Renderings by COOKFOX

    550 vanderbilt avenue rendering 102014

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