Toll reaches for the skies at new Dumbo site

Toll Brothers is looking to build as high as it can get away with on its new 205 Water Street site in new Dumbo Historic District. The luxury home builder bought the vacant site for $8.6 million in December. Toll has a 120-foot, 70-unit tower in mind, but needs approval from the Landmarks Preservation Commission before moving forward. The neighborhood was rezoned last year, putting a 12-story limit on residential construction. “We’re going back and forth on height at this point,” said David Von Spreckelsen, a spokesperson for Toll. “If there were no Landmarks Commission, we’d go to 12 stories without question.” Toll has yet to give any clues as to what the building would look like. The site, on Plymouth and Water streets, had briefly been considered for the middle school component of David Walentas’ Brooklyn Bridge project, which was ultimately moved to Dock Street and approved last year after a long battle with Community Board 2. [Brooklyn Paper]