The Real Deal New York

Spitzer reveals plans for two Williamsburg waterfront towers

Former governor picked up the $165M property in August

December 18, 2014 04:36PM

Eliot Spitzer, scrapped plans for 420 Kent Ave in Williamsburg and current site

Eliot Spitzer, scrapped plans for 420 Kent Avenue in Williamsburg and current site

Eliot Spitzer’s Spitzer Engineering is bringing two 18 and 22-story towers to a waterfront parcel in Williamsburg, according to building permits the firm filed with the city today.

The pair of buildings at 420 Kent Avenue would together house 270 apartments for a total of 311,224 square feet of residential space. The permits also call for 2,000 square feet of retail space, according to New York YIMBY.

The site is located two blocks south of the Williamsburg Bridge and used to be home to Kedem Winery. Spitzer purchased the 2.8 acre property in August for $165 million, as The Real Deal first reported, taking the reins from developer Rector Hylan Corp., which had been trying unsuccessfully to construct a mixed-use property on the site for several years.

The new configuration appears to signal a downsizing from the originally planned development, which called for an 18-story and a 24-story tower, with 600,000 square feet total and 413 residential units.

ODA is the architect of record.[NY YIMBY] — Tess Hofmann

 

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