in part because of its jaw-dropping views of the Manhattan skyline, the Pierhouse development breaks a record for the most expensive condo ever sold in the borough

by Evan Monroe • photos courtesy of The Corcoran Group

It will likely be some years before Brooklyn’s most expensive residences can rival the $100-million-and-up Manhattan “Billionaires Row” condos, like those adjoining Central Park at One57 (named for, and on, 57th Street), but the borough reached its own landmark in early March, when this home at the much discussed and litigated Pierhouse at Brooklyn Bridge Park complex fetched $10.669 million (a record price for a condominium), snapped up by Goldman Sachs executive Timothy Ingrassia and his wife, Stephanie (the latter is vice chair of Brooklyn Museum’s board of trustees).


Details about the residence from developer Toll Brothers were not available, but and other agent sites have listed a number of amenities uppermost units in the development (starting at $3.5 million) have in common—including living spaces and other interior finishes designed by Hudson Street-based Marvel Architects, solid custom walnut cabinetry, Gaggenau appliances, thick Calacatta Tucci marble slab counters and islands, reclaimed heartwood pine floors, and energy-efficient solar shades in every room. Spa bathrooms feature Waterworks fixtures, Ruscello Fosso Picollo marble floors, and walnut and brushed nickel vanities.


Building amenities are highlighted by private rooftops and terraces (designed and maintained by Brooklyn’s own Michael Van Valkenburgh Associates), 24-hour attended lobbies, valet parking, two fitness centers, a meditation studio, a resident event space, pet wash, refrigerated storage, a play room, and bike storage. Electric car charging stations will be available in the Pierhouse garage, and residents can also utilize amenities of the adjoining 1 Hotel Brooklyn Bridge, which includes a farm-to-table restaurant, spa, and rooftop pool and bar. The hotel had its soft open in February, and now makes its 194 “eco-luxe” accommodations available to the public at $300 and up per night.



Since its first plans were drawn in 2005, Pierhouse has generated controversy because of its hybrid private/city funding sources, litigation dealing with whether or not it blocks part of the zoning-protected viewscape between the Promenade and Brooklyn Bridge Park, and whether its assortment of roof-sited engineering mechanisms violates height restrictions. Last summer, the Kings County Supreme Court rejected a lawsuit brought by DUMBO community group Save The View against the development, however.


Pierhouse at Brooklyn Bridge Park
90 Furman Street / 718.246.4205 /