Photo Credit: JDS Development Group
In Market

Five Swank Developments Launching Sales in 2022

By: Jessica Dailey

The pandemic-fueled luxury real estate boom shows no signs of slowing down. While supply chain woes continue to cause uncertainty for builder timelines, there are a handful of notable new developments that will be hitting the market this year to help satiate buyer demand. From a supertall Brooklyn condominium tower to luxury second homes in the Riviera Maya, Mexico, here are five launches to look out for this year.

The Brooklyn Tower, New York

Brooklyn’s first supertall tower is undoubtedly the most highly anticipated New York debut planned for this year. Located at 9 DeKalb Avenue in Downtown Brooklyn, the Brooklyn Tower, as it’s called, rises 1,066 feet and holds a whopping 550 dwellings—150 residences for purchase and 400 rentals. 

Designed by SHoP Architects and developed by JDS Development—the same team behind 111 West 57th Street—the project will launch sales this spring after five years of construction. Pricing for the condominiums is still under wraps, but the lowest (in elevation, that is) of the bunch will sit some 500 feet above the city, offering views of the harbor, the Manhattan skyline, and all of Brooklyn. AD100 firm Gachot Studios designed the condominium interiors, while the 10,000 square feet of amenities were conceived by Krista Ninivaggi of Woods Bagot, with landscape design—including “elevated outdoor loggias for skyline lounging and recreation,” according to press materials—by HMWhite. 

88 at the Park, San Francisco

San Francisco’s Potrero Hill neighborhood is getting 127 new condominiums, ranging from studios to three-bedrooms. BAR Architects is responsible for the design, with residences wrapped in floor-to-ceiling windows and featuring crisp interiors with light hardwood floors and streamlined kitchens. 

The building itself is aiming for LEED Silver certification, and features a rooftop deck with a bocce court, outdoor kitchen, and fire pit, as well as a landscaped courtyard, bike storage and repair station, dog washing area, and electric car charging stations. There’s also a car share. The sales gallery is set to open in February, and pricing will be announced at a later date.

The Cortland, New York

Robert A.M. Stern Architects continues to add to the New York skyline with this West Chelsea development across from Hudson River Park. Developed by Related Companies, the building features a hand-laid brick facade that is meant to pay homage to the neighborhood’s industrial heritage, along with a motor court and elegant arched entrance.

Olson Kundig crafted the interiors of the 144 condominiums—which range from studios up to five-bedrooms—with sophisticated details like marble fireplaces in the bedrooms, built-in bar cabinets in kitchen islands, and cove ceilings in the open living-dining room. Sales are expected to launch in the first quarter, and pricing is available upon request.

Sierra Vista Townhomes – Mountain View, CA

Located in the heart of Silicon Valley, Mountain View, California, is best known for being home to Google’s headquarters, and, not unrelatedly, it’s consistently one of the hottest housing markets in the region, with fast sales, high prices, and low inventory. So when the Sierra Vista Townhomes, marketed by Compass, go on sale this September, there’s little doubt that they will be snapped up quickly. 

The 14 three- and four-bedroom homes, designed by Hunt Hale Jones Architects, range in size from 1,386 to 1,924 square feet and include open-living floor plans and multiple outdoor spaces. Prices are expected to be in the $2 million range, which puts them on par with the average cost of a home in the city, according to Zillow.

Fairmont Residences Mayakoba, Riviera Maya, Mexico

Second-home ownership has boomed during the pandemic, and RLH Properties is meeting the demand in the Riviera Maya with a new slate of full-ownership and co-ownership residences on the lush Fairmont resort property hitting the market this year. The full-ownership options of Fairmont Residences and co-ownership options of Fairmont Heritage Place Mayakoba maximize indoor-outdoor living with open-concept layouts featuring floor-to-ceiling glass walls that open onto lagoon-front terraces with plunge or swimming pools.

Interiors, designed by Spanish studio Room 1804, feature Mexican marble and wood accents with a neutral color palette. Owners also enjoy a private clubhouse, pool, and kids club separate from the Fairmont Mayakoba hotel. Full ownership prices start at $1.58 million for a three-bedroom.