Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays 
Elon Musk Wins Reinstatement of Historic Tesla Pay Package After Delaware Supreme Court Ruling 
Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow 
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role 
Roche CEO Warns US Drug Price Deals Could Raise Costs of New Medicines in Switzerland 
FDA Fast-Tracks Approval of Altria’s on! PLUS Nicotine Pouches Under New Pilot Program 
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand 
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 
Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change 
Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies 
Citi Appoints Ryan Ellis as Head of Markets Sales for Australia and New Zealand 
Harris Associates Open to Revised Paramount Skydance Bid for Warner Bros Discovery 
Bridgewater Associates Plans Major Employee Ownership Expansion in Milestone Year 
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal 
Boeing Seeks FAA Emissions Waiver to Continue 777F Freighter Sales Amid Strong Cargo Demand 
Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track 
OpenAI Explores Massive Funding Round at $750 Billion Valuation 
NEW YORK, Feb. 01, 2016 -- Waterbridge 47, Greystone’s luxury boutique condominium development at 47 Bridge Street in DUMBO, Brooklyn, has sold out within a matter of months. The speedy sales of the 25 residences reflected the strong condominium market in Brooklyn. Waterbridge 47 surpassed the median price per square foot for real estate in the area; demand is at an all-time high.
The sell-out of Waterbridge 47 exceeded the initial projected value by 28% and the efforts were led by exclusive marketing and sales agent David Maundrell III, EVP of CitiHabitats’ New Development division.
“DUMBO is a treasure. A high caliber building like Waterbridge 47 has brought even more value to this unique neighborhood,” said Maundrell.
“Switching gears from our initial plan to deliver a rental property to instead offer condominiums proved to be the right decision in the current market,” said Jeffrey Simpson, head of Greystone Development. “We appreciate the valuable input and incredible effort from all of our partners involved with this project, including AB Architekten, Durukan Design and especially Dave Maundrell and his sales team, and are thrilled with a 100% sell-out.”
Waterbridge 47 featured one-, two- and three-bedroom homes, including two penthouses with wraparound terraces. The building includes a unique mix of amenities that complement its proximity to DUMBO’s waterfront and green space, such as a roof deck with skyline views; an elegant wine cellar and tasting room, off-site concierge access, fitness center, inner courtyard, children’s playroom, bicycle storage and private parking.
About Greystone
Greystone is a real estate lending, investment and advisory company headquartered in New York. Its development group creates boutique luxury condominium and rental residences as well as prime quality commercial spaces in gateway cities such as New York, Florida and California. For more information, visit www.greystonepd.com.
PRESS CONTACT: Jennifer Little Relevance New York – for Greystone 212-920-7057 [email protected]
