Toll Brothers’ 205 Water Street tower clears first public hurdle

TRD New York /
Mar.March 18, 2010 09:45 AM

Toll Brothers’ planned residential tower on Dumbo’s Water Street cleared the first phase of the public review process when a Community Board 2 committee approved the project’s design in an 8-3 vote last night. Toll Brothers’ plans call for 67 market-rate apartments and 86 underground parking spaces. Current zoning in the district allows for up to 12-story buildings and does not have the 20 percent affordable housing requirement that other areas of Brooklyn have, so the steel and gray concrete project at 205 Water Street glided through the vote easily. “We loved the gritty nature of this industrial area, and that was our inspiration,” said Navid Maqami of Greenberg Farrow, which designed the project. Toll Brothers, which recently abandoned its long-planned Gowanus Canal development after it garnered a Superfund designation from the Environmental Protection Agency, will now need to win approval from the full community board before an April 6 vote by the Landmarks Commission. [Brooklyn Paper]

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