A Look At Olympia Dumbo Topping Out

Olympia Dumbo celebrated its topping out last Tuesday (August 3rd) to become the tallest residential building in DUMBO, Brooklyn, at 401-feet and 33 stories. Developed by Fortis Property Group with architecture by Hill West and interiors by Workstead, Olympia Dumbo will feature 76 condominiums and over 38,000 square feet of indoor and outdoor amenities.

Sales are handled by The Eklund | Gomes Team at Douglas Elliman and Karen Heyman of Sotheby’s International Realty.

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Christopher Riccio Joins E|G Team at Douglas Elliman

Christopher Riccio

 Douglas Elliman, has announced that Christopher Riccio has joined the firm’s Eklund | Gomes Team. With a decade of experience in the real estate industry, Riccio has already brokered over half a billion dollars in sales at only 31 years old. Riccio joins Douglas Elliman with Elana Zinoman and will be based out of the Eklund | Gomes’ 16,000 square foot, Paris Forino-designed office at 963 Broadway in New York.

“A legend. A true legend. A true townhouse legend. We are thrilled to have Christopher join our team,” says Fredrik Eklund, co-founder of the Eklund | Gomes Team. “An incredible broker and an all-around nice guy, Christopher is the perfect new addition to our Eklund | Gomes family,” adds John Gomes, the other half of the eponymous Eklund | Gomes Team.

Riccio’s specialty is New York City’s luxury real estate market, with a focus on townhouses, brownstones, condos and mixed-use buildings downtown. He brings a total of over $55,000,000 worth of listings to Elliman in addition to an impressive track-record of closed deals, including a $21,000,000 sale at 38 Prince Street, $19,920,000 sale at 78 Morton Street, $19,700,000 sale at 26 Downing Street and $18,350,000 sale at 111 Waverly Place.

“I’m excited to work with such a dominant force in the industry,” says Riccio. “The Eklund | Gomes Team is an extremely well-run machine, backed by Douglas Elliman’s incredible resources in marketing, public relations and technology. I look forward to better servicing my clients and growing out my extensive high-end townhouse business with these invaluable tools.”

“We are proud to welcome both Christopher and Elana as the latest additions to Douglas Elliman,” says Steven James, President and CEO of Douglas Elliman New York City. “They represent the next generation of luxury brokers and we are confident that their success and influence in the downtown market will only flourish at our brokerage.”

Riccio’s current listing portfolio consists of, but not limited to, 245 West 13th Street for $11,700,000, 111 Bedford Street for $7,250,000 and 345 West 14th Street Penthouse for $5,750,000.

Riccio has consistently been ranked among the top brokers in New York City by The Real Deal, both in sales volume and dollar volume of current listings. Raised in upstate New York, Riccio made his way to Manhattan while pursuing a degree in finance and business administration and went on to work at The Bank of NY Mellon within Global Client Management, then UBS in Wealth Management. His real estate career began at the age of 22 and shortly thereafter he secured his first single-family, West Village townhouse sale for $7,300,000. Riccio currently resides in Flatiron and enjoys spending time at his country home in Saratoga Springs, NY.

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Our Favorite Listing: An Exclusive Penthouse at The EMERSON

This week we are taking a look at 500 West 25th Street, PH in Chelsea, NY. Just launched by the Eklund|Gomes Team the sole penthouse at their newly completed boutique condominium project, The EMERSON. Located at 500 West 25th Street in the heart of West Chelsea, the sprawling 4-bedroom, 5-bathroom duplex residence features 7,500 square-feet of indoor and outdoor space and will be listed for $15,995,000. The EMERSON, developed by GDSNY, which is led by Michael Kirchmann and Alan Rudikoff, offers eight full-floor units across 10 stories.

Fredrik Eklund, John Gomes, Glenn Davis and Justin Tuinstra of The Eklund|Gomes Team at Douglas Elliman have the listing.

courtesy of Evan Joseph

With a sprawling interior of 5,115 square feet, this 4 bedroom, 5 bathroom duplex asserts itself with a dramatic and open ambience. The great room on the upper level offers an abundance of natural light, 12- foot ceilings, 6” Siberina wide-plank white oak floors and opens to its own 13’ x 39’ wide private terrace. The grand kitchen is a culinary masterpiece, illuminated by six east-facing floor-to-ceiling windows with top-of-the-line appliances including white oak cabinetry, hand selected statuary marble countertops, a large island, and Gaggenau appliances. An eastern facing fourth bedroom with en suite bathroom completes this floor.

Via elevator or stairs, the lower level accommodates three luxe bedrooms and bathrooms. With impressive scale, the enormous 13' x 24' corner master suite is flooded with light from western exposure and offers wide-plank hardwood, floor-to-ceiling windows, two large fully built out walk-in closets, a dressing room and large French doors that lead out to a terrace with views west to the Hudson River and The High Line. Head to the en-suite master bathroom for a spa-like experience featuring heated marble floors, oversized walk-in glass enclosed shower with a marble accent wall, a double sink vanity with ample storage below, and a freestanding deep soaking bathtub. Completing this floor are the eastern facing 2nd and 3rd bedrooms, each with their own en-suite marble bath, ample closet space and a significant extra room in between the bathroom and the bedroom which can be used as an office or dressing area.

Photos courtesy of Evan Joseph

The outdoor rooftop of the residence is nothing short of spectacular with panoramic views in all directions. There is ample space for multiple lounging areas as well as the possibility for full outdoor kitchen, dining and irrigated planters. This residence achieves the rare feat of being grandly scaled for entertaining while offering private and intimate spaces for day-to-day living, together with an indoor/outdoor lifestyle that exceeds all expectations. Additional features include a utility room with washer/dryer and sink, custom cabinetry, two 27-foot long galleries and ample storage space. 

500 W 25th St, New York, NY, 10001, USA.

3D Walkthrough courtesy of PropTech Consulting.

The Emerson will be delivered in a handsome Alabama limestone façade with finely articulated façade lighting by L’observatoire International, the acclaimed French firm that designed The High Line’s lighting. The building offers a doorman and a stunning lobby adorned with a custom wood detail and brass mosaic insets with 15’ ceiling that will resonate with the visual language that The High Line offers. The building is conveniently located in the epicenter of Manhattan's ultimate urban oasis teaming with the world's leading contemporary art galleries, chic restaurants and moments from AVENUE'S School, The West Village, Hudson Yards, and the Hudson River Park.

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Tour The EMERSON With Fredrik Eklund And John Gomes

To celebrate the launch of West Chelsea’s newest boutique condominium The EMERSON,  Fredrik Eklund and John Gomes of Douglas Elliman’s The Eklund|Gomes Team will be holding a live virtual tour Tuesday July 7th, 12pm EST/9am PST and will be streamed live on Fredrik’s Instagram channel, @fredrikeklundny.

The Eklund|Gomes Team has been selected by developer GDSNY to lead the exclusive sales and marketing for The EMERSON at 500 West 25th Street. Spearheading the sales launch of the West Chelsea boutique condominium are The Eklund|Gomes Team’s Fredrik Eklund, John Gomes, Justin Tuinstra and Glenn Davis. The project is slated for completion and immediate occupancy in September 2020.

The ten-story building is comprised of eight apartments, all with outdoor space, along with 2,650 square feet of retail on the ground and cellar levels, bringing the project to a total of 25,000 square feet. 

“GDSNY is known for bringing the highest level of materiality, quality, detailing and timelessness to all of our projects, and The EMERSON is no exception,” said Michael Kirchmann of GDSNY. “We are thrilled to work again with The Eklund|Gomes Team, who we feel has the depth of talent and market expertise for this unique offering.”

Adjacent to the High Line, The EMERSON is named after the iconic transcendental poet, Ralph Waldo Emerson, whose work often focused on the beauty of the Hudson River. Throughout the building, floor plans have been designed to give every main room in the building a High Line view, and many also boasting River views as well. The building’s eight units range from 2,375 to 5,115 square feet in size. Floors two through eight each contain a full-floor, three-bedroom apartment with its own full-width western terrace, loggia or garden, 10’6” ceiling heights, and keyed elevator with direct entrance to residences; the ninth and tenth floors feature the duplex penthouse, with an additional 60-foot-long rooftop terrace. The building has been designed with 140 linear feet of floor-to-ceiling windows that give each residence three exposures and that bathe the interiors in natural light.

“This is a truly special project, and we’re excited to be working again with GDSNY, bringing our fresh, creative take to its branding and marketing campaign,” said Fredrik Eklund. “These spacious and thoughtfully-designed homes have spectacular views and are incredibly located just 20 feet from Highline Park and the Hudson River – making them a natural oasis right in the middle of the bustling city.“

“We know from the experience of having collaborated with GDSNY on the record-breaking sales of 25 Mercer Street how much the firm’s emphasis on quality and craftsmanship resonate in the marketplace,” continues Eklund.

“There will always be a market for the kind of exquisite detailing, modern touches and gracious floor plans that are found at The EMERSON,” said John Gomes. “With abundant space, a serene backdrop and very competitive price-per-square-foot, buyers will find value and opportunity that is unmatched in this coveted neighborhood.” 

Pricing for the residences range from $4,995,000 to $15,995,000.

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.