Quay Tower Condominium
50 Bridge Park Drive, Brooklyn, NY 11201
Overview
A 29-story, 126-unit tower inside Brooklyn Bridge Park, sponsored by an entity of Robert A. Levine and David J. Wine. Owners buy a leasehold that ends in 2109, and common charges include ground rent and PILOT in place of property taxes.
- Address: 50 Bridge Park Drive, Brooklyn Heights, Brooklyn
- Plan: CD180035, accepted for filing in May 2018
- Building: 29 stories, steel-framed, with a double-glazed aluminum and glass curtain wall. Floors use marketing numbers, with no 13th floor.
- Residences: 126, all two- to four-bedrooms, from about 1,214 to 4,016 square feet. One (unit 2B) is leased to the condo for the resident manager and not offered for sale.
- Other units: one non-residential unit of about 690 square feet, planned as a public park restroom
- Storage: 71 cellar storage lockers sold as licenses, about $1.96 million in total, plus about 63 bike spots rented at $200 a year. No parking.
- First offering: 125 residences at about $507.7 million in total, from $1.955 million for a two-bedroom on the 3rd floor to $12.5 million for penthouse PH1A (sponsor offering prices, not sales)
Compare
| Figure | This building1 | One Clinton2133 units · 0.5 miaccepted 2018 | 98 Front3165 units · 0.9 miaccepted 2019 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $1.42Highest | $0.90 | $1.05 |
| Average Offering PricePer Apartment | $4.04MAbove peers | $3.52M | $1.48M |
| Average PricePer Square Foot | $2,137Above peers | $1,872 | $1,694 |
| Property TaxesPer Square Foot / Month | $1.22Highest | $1.02 | $0.94 |
| Average Unit SizeSquare Feet | 1,893 SFLarger | 1,876 SF | 875 SF |
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Unit mix, closings, budgets, finishes and the team, against One Clinton and 98 Front, cited to the offering plans. No credit card required.
Create a free accountHow We Got This
- Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
- Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
- Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
- Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.
Units & Prices
Closings Pro
| Homes closed94% of the homes in Schedule A | 118 of 126 |
| Closing prices vs. Schedule A116 homes: $417,684,565 at closing against $465,870,000 in Schedule A (p. 66, p. 67, p. 68) | −10.3% |
| Average closing price116 homes, on their Schedule A square feet | $1,903 / SF |
| Closingsfirst and latest recorded | Feb 26, 2020 – Jul 15, 2026 |
Sales recorded with the Department of Finance (ACRIS) through Sep 30, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.
All 118 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 12A | Feb 26, 2020 | $6,980,104 | $5,250,000 p. 67 | +33% |
| 14A | Mar 2, 2020 | $7,250,000 | $5,300,000 p. 67 | +36.8% |
| 14B | Mar 2, 2020 | $4,050,000 | $4,425,000 p. 67 | −8.5% |
| 8B | Mar 9, 2020 | $3,623,663 | $4,255,000 p. 66 | −14.8% |
| 16D | Mar 11, 2020 | $2,424,555 | $2,825,000 p. 67 | −14.2% |
| 5C | Mar 16, 2020 | $2,490,000 | $3,000,000 p. 66 | −17% |
| 18A | Mar 16, 2020 | $4,500,000 | $5,500,000 p. 67 | −18.2% |
| PH1A | Apr 3, 2020 | $20,301,000 | $12,500,000 p. 68 | +62.4% |
| 16A | May 1, 2020 | $5,000,000 | $5,400,000 p. 67 | −7.4% |
| 11B | May 15, 2020 | $3,575,000 | $4,345,000 p. 66 | −17.7% |
| 15A | May 15, 2020 | $4,315,000 | $5,350,000 p. 67 | −19.3% |
| 26A | May 19, 2020 | $10,182,500 | $5,870,000 p. 68 | +73.5% |
| 7E | May 21, 2020 | $1,678,076 | $2,035,000 p. 66 | −17.5% |
| 16B | May 29, 2020 | $3,900,000 | $4,525,000 p. 67 | −13.8% |
| 6E | Jun 15, 2020 | $1,695,000 | $2,015,000 p. 66 | −15.9% |
| 12C | Jul 7, 2020 | $3,050,000 | $3,350,000 p. 67 | −9% |
| 6B | Jul 29, 2020 | $3,470,550 | $4,075,000 p. 66 | −14.8% |
| 7D | Sep 30, 2020 | $2,080,000 | $2,600,000 p. 66 | −20% |
| 20E | Dec 9, 2020 | $1,925,000 | $2,320,000 p. 67 | −17% |
| 25B | Dec 22, 2020 | $4,700,000 | $5,000,000 p. 68 | −6% |
| 3E | Jan 7, 2021 | $1,520,000 | $1,955,000 p. 66 | −22.3% |
| 7C | Jan 22, 2021 | $2,660,000 | $3,200,000 p. 66 | −16.9% |
| 16E | Jan 28, 2021 | $1,750,000 | $2,240,000 p. 67 | −21.9% |
| 4D | Feb 5, 2021 | $1,901,484 | $2,415,000 p. 66 | −21.3% |
| 10B | Mar 8, 2021 | $3,550,000 | $4,315,000 p. 66 | −17.7% |
| 3A | Mar 25, 2021 | $3,580,000 | $4,450,000 p. 66 | −19.6% |
| 9C | Apr 23, 2021 | $2,700,000 | $3,230,000 p. 66 | −16.4% |
| 5D | Apr 30, 2021 | $2,000,000 | $2,550,000 p. 66 | −21.6% |
| 11E | Apr 30, 2021 | $1,750,000 | $2,115,000 p. 66 | −17.3% |
| 12B | Jun 22, 2021 | $3,700,000 | $4,375,000 p. 67 | −15.4% |
| 6D | Jul 8, 2021 | $2,031,409 | $2,575,000 p. 66 | −21.1% |
| 17D | Jul 13, 2021 | $2,400,000 | $2,950,000 p. 67 | −18.6% |
| 5E | Jul 19, 2021 | $1,600,000 | $2,025,000 p. 66 | −21% |
| 18E | Aug 25, 2021 | $1,975,000 | $2,280,000 p. 67 | −13.4% |
| 9B | Sep 3, 2021 | $3,674,700 | $4,285,000 p. 66 | −14.2% |
| 10D | Sep 21, 2021 | $2,163,781 | $2,675,000 p. 66 | −19.1% |
| 8C | Sep 24, 2021 | $2,675,000 | $3,200,000 p. 66 | −16.4% |
| 6C | Sep 29, 2021 | $2,500,000 | $3,100,000 p. 66 | −19.4% |
| 8E | Sep 30, 2021 | $1,750,000 | $2,055,000 p. 66 | −14.8% |
| PH3B | Oct 7, 2021 | $7,000,000 | $8,250,000 p. 68 | −15.2% |
| 5A | Oct 8, 2021 | $3,850,000 | $4,900,000 p. 66 | −21.4% |
| 18B | Nov 1, 2021 | $4,000,000 | $4,450,000 p. 67 | −10.1% |
| 20D | Nov 3, 2021 | $2,500,000 | $3,050,000 p. 67 | −18% |
| 19E | Nov 15, 2021 | $2,000,000 | $2,300,000 p. 67 | −13% |
| 17B | Nov 29, 2021 | $4,083,000 | $4,575,000 p. 67 | −10.8% |
| 4E | Dec 17, 2021 | $1,650,000 | $1,975,000 p. 66 | −16.5% |
| 4C | Dec 22, 2021 | $2,450,000 | $2,850,000 p. 66 | −14% |
| 7B | Dec 22, 2021 | $3,500,000 | $4,225,000 p. 66 | −17.2% |
| 21C | Dec 22, 2021 | $3,300,000 | $3,820,000 p. 67 | −13.6% |
| 11A | Jan 28, 2022 | $4,440,263 | $5,220,000 p. 66 | −14.9% |
| 23A | Feb 17, 2022 | $9,995,000one deed, 2 homes | $5,750,000 p. 68 | — |
| 23B | Feb 17, 2022 | $9,995,000one deed, 2 homes | $4,900,000 p. 68 | — |
| 10C | Mar 18, 2022 | $2,750,000 | $3,260,000 p. 66 | −15.6% |
| 8D | Mar 28, 2022 | $2,090,000 | $2,625,000 p. 66 | −20.4% |
| 7A | Apr 13, 2022 | $4,285,000 | $5,100,000 p. 66 | −16% |
| 5B | Apr 19, 2022 | $3,450,000 | $4,000,000 p. 66 | −13.7% |
| 9D | Apr 25, 2022 | $2,150,000 | $2,650,000 p. 66 | −18.9% |
| 19B | May 10, 2022 | $4,236,113 | $4,500,000 p. 67 | −5.9% |
| 6A | May 24, 2022 | $4,100,000 | $4,975,000 p. 66 | −17.6% |
| 9E | Jun 2, 2022 | $1,800,000 | $2,075,000 p. 66 | −13.3% |
| 21D | Jun 2, 2022 | $2,600,000 | $3,075,000 p. 67 | −15.4% |
| 24C | Jun 3, 2022 | $3,500,000 | $4,080,000 p. 68 | −14.2% |
| 10E | Jun 21, 2022 | $1,935,000 | $2,095,000 p. 66 | −7.6% |
| 3C | Aug 4, 2022 | $2,341,975 | $2,800,000 p. 66 | −16.4% |
| 21B | Aug 12, 2022 | $4,435,000 | $4,750,000 p. 67 | −6.6% |
| 21E | Aug 16, 2022 | $2,100,000 | $2,340,000 p. 67 | −10.3% |
| 24B | Oct 19, 2022 | $4,850,000 | $4,950,000 p. 68 | −2% |
| 25C | Oct 20, 2022 | $3,600,000 | $4,130,000 p. 68 | −12.8% |
| 15B | Nov 21, 2022 | $4,300,000 | $4,475,000 p. 67 | −3.9% |
| 19D | Dec 1, 2022 | $2,466,400 | $3,025,000 p. 67 | −18.5% |
| 20B | Dec 29, 2022 | $4,375,000 | $4,550,000 p. 67 | −3.8% |
| 8A | Jan 26, 2023 | $4,390,000 | $5,050,000 p. 66 | −13.1% |
| PH2B | Jan 27, 2023 | $7,300,000 | $8,650,000 p. 68 | −15.6% |
| 10A | Apr 28, 2023 | $4,470,000 | $5,110,000 p. 66 | −12.5% |
| PH2A | Jun 6, 2023 | $9,110,000 | $10,650,000 p. 68 | −14.5% |
| 4A | Jun 26, 2023 | $3,805,000 | $4,550,000 p. 66 | −16.4% |
| 22D | Jul 13, 2023 | $2,630,000 | $3,100,000 p. 67 | −15.2% |
| 9A | Jul 21, 2023 | $4,410,000 | $5,080,000 p. 66 | −13.2% |
| 18D | Jul 28, 2023 | $2,450,000 | $3,000,000 p. 67 | −18.3% |
| 18C | Aug 14, 2023 | $3,000,000 | $3,650,000 p. 67 | −17.8% |
| 24D | Aug 24, 2023 | $2,705,000 | $3,150,000 p. 68 | −14.1% |
| 23D | Sep 26, 2023 | $2,650,000 | $3,125,000 p. 68 | −15.2% |
| 22C | Oct 2, 2023 | $3,300,000 | $3,950,000 p. 67 | −16.5% |
| 20A | Oct 18, 2023 | $4,780,000 | $5,600,000 p. 67 | −14.6% |
| 11C | Dec 13, 2023 | $2,765,000 | $3,320,000 p. 66 | −16.7% |
| 12D | Dec 15, 2023 | $2,135,000 | $2,575,000 p. 67 | −17.1% |
| 14C | Dec 29, 2023 | $2,875,000 | $3,400,000 p. 67 | −15.4% |
| 19A | Dec 29, 2023 | $4,900,000 | $5,550,000 p. 67 | −11.7% |
| PH3A | Jan 16, 2024 | $9,030,000 | $10,200,000 p. 68 | −11.5% |
| 15C | Feb 1, 2024 | $2,900,000 | $3,450,000 p. 67 | −15.9% |
| 15E | Feb 16, 2024 | $1,900,000 | $2,220,000 p. 67 | −14.4% |
| 3D | Feb 26, 2024 | $1,850,000 | $2,350,000 p. 66 | −21.3% |
| 17C | Mar 15, 2024 | $2,999,999 | $3,550,000 p. 67 | −15.5% |
| 14D | Mar 27, 2024 | $2,175,000 | $2,595,000 p. 67 | −16.2% |
| 19C | Apr 4, 2024 | $3,150,000 | $3,700,000 p. 67 | −14.9% |
| PH3C | Apr 16, 2024 | $5,350,000 | $6,950,000 p. 68 | −23% |
| 15D | Apr 23, 2024 | $2,500,000 | $2,800,000 p. 67 | −10.7% |
| 22B | May 6, 2024 | $4,800,000 | $4,850,000 p. 67 | −1% |
| 11D | Jun 5, 2024 | $2,130,000 | $2,555,000 p. 66 | −16.6% |
| 16C | Jun 7, 2024 | $2,965,000 | $3,500,000 p. 67 | −15.3% |
| 22E | Jun 14, 2024 | $2,050,000 | $2,400,000 p. 68 | −14.6% |
| 25D | Jul 19, 2024 | $2,850,000 | $3,175,000 p. 68 | −10.2% |
| 4B | Jul 24, 2024 | $2,950,000 | $3,500,000 p. 66 | −15.7% |
| 26C | Aug 5, 2024 | $3,800,000 | $4,230,000 p. 68 | −10.2% |
| PH1C | Aug 8, 2024 | $6,150,000 | $8,500,000 p. 68 | −27.6% |
| 23C | Sep 18, 2024 | $3,450,000 | $4,000,000 p. 68 | −13.7% |
| 20C | Oct 1, 2024 | $3,260,000 | $3,800,000 p. 67 | −14.2% |
| 17A | Oct 2, 2024 | $4,785,000 | $5,450,000 p. 67 | −12.2% |
| 24E | Dec 16, 2024 | $2,150,000 | $2,440,000 p. 68 | −11.9% |
| 21A | Dec 20, 2024 | $4,999,995 | $5,650,000 p. 67 | −11.5% |
| 22A | Dec 23, 2024 | $4,995,000 | $5,700,000 p. 67 | −12.4% |
| 2A | Jan 9, 2025 | $3,995,000 | $4,200,000 p. 66 | −4.9% |
| 26E | Feb 5, 2025 | $2,375,000 | $2,495,000 p. 68 | −4.8% |
| 3B | Jul 2, 2025 | $2,850,000 | $3,450,000 p. 66 | −17.4% |
| 23E | Oct 9, 2025 | $2,100,000 | $2,420,000 p. 68 | −13.2% |
| 17E | Nov 24, 2025 | $1,995,000 | $2,260,000 p. 67 | −11.7% |
| PH2C | Nov 26, 2025 | $5,300,000 | $7,250,000 p. 68 | −26.9% |
| 24A | Jul 15, 2026 | $4,995,000 | $5,720,000 p. 68 | −12.7% |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
Budget
What It Costs to Run
The sponsor projected a first-year budget (September 2019 to August 2020) of about $4.09 million, almost all of it paid by residential owners. Storage locker and bike fees cover about $34,000. Here's how that works out in monthly common charges, per Schedule A:
- About $1,715 a month for E-line two-bedrooms and about $2,035 to $2,105 for D-line two-bedrooms.
- About $2,490 to $2,905 a month for three-bedrooms and about $3,400 to $3,500 for A-line four-bedrooms.
- About $3,600 to $6,070 a month for the penthouses.
- Projected PILOT adds about $1,475 to $5,220 a month.
Notable lines:
- Staff: about $1.2 million.
- Ground rent: $597,000.
- Utilities: about $436,000 for common electricity, about $299,000 for gas and about $227,000 for water and sewer.
- Service contracts: about $366,000, including about $134,000 for window cleaning and about $60,000 for elevators.
- Insurance: about $259,000, including federal flood coverage.
- Management fee: $189,000 to Property Management Affiliates, which is controlled by sponsor principal Robert A. Levine.
Good to know: the budget puts $158,748 into a reserve fund in year one, based on a 30-year reserve study by Strategic Inspections. You'll also pay two months of common charges into working capital at closing (see reserve funds, why operating costs differ and our common charge benchmarks).
From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size
The Building
Finishes
The architect's report lists the appliances line by line for each apartment type (compare with our NYC condo finishes guide).
Kitchen
- A Gaggenau suite in every home: panel-ready refrigerator and dishwasher, gas cooktop with five sealed brass burners, wall oven, speed oven and, in most layouts, a warming drawer.
- Penthouses add a Gaggenau freezer column and full-height wine storage, and most have two dishwashers and two wall ovens. A-line four-bedrooms above the 2nd floor get a Thermador under-counter wine refrigerator.
- Natural stone counters, wood veneer and painted cabinets, an XO hood insert, an InSinkErator disposal and a Davinci faucet.
- Cooking gas is on a common meter, so it's paid through common charges.
See how these brands compare in our kitchen appliance brands guide.
Baths
- Primary baths have a freestanding cast-stone tub and integral sinks by Apaiser, mud-set stone floors, marble accent walls and polished nickel Davinci fittings.
- Secondary baths have Kohler Bellwether tubs and Apaiser sinks. Powder rooms have Lacava sinks and marble wainscots. Toilets are Toto Vespine II.
- Primary and perimeter bathrooms have electric radiant floor heat.
See how these names rank in our bathroom brands guide.
Floors, Ceilings and Windows
- Engineered hardwood floors laid over an acoustic underlayment.
- The plan doesn't give ceiling heights. Ceilings are skim-coated concrete or painted drywall.
- Curtain wall windows with a 10-year manufacturer's warranty. A copper-colored grid wraps the facade, which raises some sills, lowers some window heads and leaves about 30 inches of blank wall in places. Lower floors (2 to 4) have sloped, recessed facades and unusual window shapes. There are no window screens.
Laundry, Heating and Cooling
- Every home gets a Whirlpool washer and dryer. A and B lines, most C lines and the PH1 homes have vented dryers. D and E lines from floor 3 up and the C line on floor 11 get ventless dryers.
- Each home has water-source heat pumps on a building condenser loop fed by gas-fired Lochinvar boilers, with thermostats in each unit. Some exterior zones have supplemental electric baseboards.
- Electricity is submetered. The engineer estimated about $4,500 a year for an average two-bedroom up to about $9,600 for an average penthouse four-bedroom.
- A 350 kW gas generator covers egress lighting, life safety and legally required loads, not apartments.
Amenities, Staffing & Transportation
The amenities are spread across the ground, second and roof floors (compare with amenities by building size).
Ground and Second Floors
- A fitness room with treadmills, bikes, ellipticals and cable machines, plus a separate training studio.
- A children's playroom and a music practice room with sound-absorbing finishes. You bring your own instruments.
- A dog wash room, a lobby with a gas fireplace, and a staff-only package room with cold storage for groceries.
Roof (29th Floor)
- Two resident lounges. The north lounge has a fireplace, a warming pantry and a service bar. The south space has a pantry.
- Two common roof terraces, each with an outdoor kitchen with a gas grill, an under-counter fridge and a sink.
Good to know: there's no pool and no laundry room, since every home has its own washer and dryer. The three PH1 penthouses have private roof terraces of about 561 to 629 square feet, each with its own outdoor kitchen. Owners maintain them, and structural repairs are shared by all residential owners (see private outdoor space).
Staffing and Services
The first-year budget assumes 11 full-time staff in Local 32BJ:
- A resident manager: about $175,000 in compensation. The condo rents unit 2B from the sponsor for the manager at $9,000 a month for three years, then $9,450, and also pays that unit's common charges, PILOT, utilities, phone and a nearby parking space. That line comes to about $163,000 a year.
- Two handypersons.
- Eight doormen, concierges and porters.
Payroll comes to about $1.2 million. The plan assumes half the handypersons and front-of-house staff are new hires at reduced starting wages, so expect this line to rise. When the five-year lease on 2B ends, the board must renew it, buy the unit or find another way to house a manager. See where common charges go for how that compares.
Transportation
- Subway: 11 min walk to Borough Hall/Court St 2 3 4 5 R; Clark St 2 3, 14 min
Fine Print
What's Specific to It
- A leasehold that ends: the condo sits on land the city owns, under a sublease from Brooklyn Bridge Park Corporation that expires on July 27, 2109 with no renewal right. Owners must then surrender their units.
- Ground rent and PILOT in the common charges: owners pay their share of base rent of $597,000 a year, which rises 7.5% every five years, plus PILOT equal to full property taxes.
- A park transfer fee: starting 10 years after completion, every resale pays the park 0.75% of the price.
- A public restroom in the building: the one non-residential unit is expected to go to the park as a public restroom. It pays no common charges, so residents cover its utilities.
- Semi-private elevators: two of the five elevators open directly into a single home per floor, serving the A and B lines.
- Seven gas fireplaces: one in the lobby, one in the north roof lounge, and five in the three PH1 penthouses, three of them on roof terraces with outdoor kitchens.
Quay Tower stands west of Furman Street and east of Pier 6 in Brooklyn Heights, reached from Atlantic Avenue by Bridge Park Drive,, surrounded on all sides by Brooklyn Bridge Park. Its offering plan tells you what the ground lease means for owners, what's in the apartments and what the building should cost to run.
Fine Print Worth Knowing
- The lease governs: the board becomes the tenant under the ground lease. If it fails to pass on owners' rent to the park, the lease could be terminated. The plan warns that values may fall and lenders may stop lending as 2109 approaches (see ground lease condos).
- PILOT, not taxes: you pay PILOT through common charges, not to the city. Your lender's escrow must pay the board, and you can't look the amount up on the Department of Finance site.
- Sponsor control: the sponsor controls the board until 95% of units close or five years pass, whichever is first, and possibly longer if it still has the votes. It may also rent unsold units rather than sell them.
- Flood zone: the building is in FEMA Zone AE. It's designed to a flood elevation of 13 feet with a dry flood-proofed cellar, and groundwater was found 6 to 10 feet down. Your lender may require your own flood policy.
- Living in a park: the park is public, with concerts, movies and crowds. The site is within a block of the Red Hook industrial area. An affiliated entity planned a 16-story rental building across the street at 15 Bridge Park Drive.
- Every window is a lot line window: the parcel is surrounded by the park, and light and air easements let the windows meet code. The park reserves rooftop space for telecom equipment.
- Bigger deposits: buyers put down 10% at signing and another 10% within six months or at effectiveness. Units can't be resold or listed for a year without the sponsor's consent.
Team
- Sponsor: Landing A Associates LLC (sole member Pier 6 Partners LLC), principals Robert A. Levine and David J. Wine
- Landlord: Brooklyn Bridge Park Corporation
- Architect: ODA
- Interior designer: Marmol Radziner
- Architect's report: Cangelosi Design and Architecture
- Engineers: Cosentini Associates (MEP), Vertex Engineering (structural) and Laufs Engineering Design (facade)
- Managing agent: Property Management Affiliates (a sponsor affiliate)
- Selling agent: Douglas Elliman
- Sponsor's counsel: Watson Farley & Williams
- PILOT counsel: Marcus & Pollack
- Budget expert: Appraisers and Planners
- Construction lender: Bank of the Ozarks
- Sponsor
- Landing A Associates LLC
- Developers
- RAL Companies & Affiliates, LLC, Oliver's Realty Group, RAL Development Services LLC
- Principals
- David J. Wine, Robert A. Levine
- Counsel
- Seyfarth Shaw, LLP
- Tax estimate
- Marcus & Pollack LLPPrepared the first-year real estate tax projection
- Construction lender
- Bank OZK
Nearby
- One Brooklyn Bridge Park Condominiumnext door · 449 units · 132 parking · 2007
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- Riverside House Condominium0.1 mi · 0 units
- State House Condominium0.2 mi · 11 units · 16 parking · 2002
- Studio 322 Condominium0.2 mi · 6 units · 2004
- 1 River Park Condominium0.2 mi · 48 units · 18 parking · 2019
FAQ
Do you own the land at Quay Tower?
No. Quay Tower is a qualified leasehold condo on city-owned land inside Brooklyn Bridge Park. Owners hold their units under a ground sublease that expires on July 27, 2109 with no renewal right, and they pay a share of the ground rent through common charges.
Does Quay Tower pay property taxes?
Not directly. Property in the park is exempt, but owners pay PILOT, which is set equal to full property taxes and collected through common charges. The plan projects about $3.5 million a year across all homes, or roughly $1,475 to $5,220 a month per unit.
What amenities does Quay Tower have?
A fitness room with a training studio, a children's playroom, a music practice room, a dog wash, a cold-storage package room and two roof lounges with terraces and outdoor kitchens. There's no pool, and every home has its own washer and dryer.
Where this comes from: the building's offering plan (CD180035) as filed with the New York Attorney General, including its Special Risks, Summary of the Lease, Description of Property and Improvements, Schedule A, Schedule B, Identity of Parties and the architect's report. Prices are the sponsor's offering prices, not sales, and budget figures are the sponsor's first-year projections. Later amendments may change them. Updated October 2026.