The Real Deal New York

The Edge hits 50 percent sold

April 04, 2011 03:46PM

The Edge, the North Williamsburg waterfront condominium complex by Douglaston Development, has hit the 50 percent sold mark. According to an announcement from the developer, 165 units of the two buildings’ combined 565 residences, or 30 percent, have closed thus far, and over 100 more are in contract. According to Highlyann Krasnow, who is heading up the Developers Group’s marketing efforts for the project, the current sales pace is at around 25 units per month, and the team is hoping for an uptick once the Edge’s water taxi service to and from Manhattan kicks off this summer. The luxe, two-tower complex, which debuted its 40,000-square-foot amenity space last year, is also angling to receive LEED-Silver certification. TRD


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