Pier 1 development will truly be a high-rise

New York /
Feb.February 22, 2013 02:00 PM

Pier 1 in Brooklyn Bridge Park is a project that its developers are putting on a pedestal — literally, the New York Post reported. Toll Brothers and Starwood Capital Group plan to raise their 550,000-square-foot complex at least 3 feet to protect it from the kind of flood damage that Hurricane Sandy did to the neighborhood.

The design has been modified to include more steps, ramps to the lobby and masonry to raise up the buildings, slated to include 159 apartments and 200 hotel rooms.

All the mechanical systems will be on the roofs, not the basements. The underground level will be used for parking.

“We want to make our building a structure that can survive any kind of storm,” David Von Spreckelsen, a Toll Brothers senior vice president, told the Post. [NYP]Zachary Kussin


Related Articles

arrow_forward_ios
From left: Stephen Schwarzman, chairman, Blackstone; Barry Sternlicht, chief executive officer, Starwood Capital Group (Getty Images, Brookfield Asset Management/Illustration by Steven Dilakian for The Real Deal)
Blackstone, Starwood to pay $1.5B for WoodSpring Suites properties
Blackstone, Starwood to pay $1.5B for WoodSpring Suites properties
Douglas Development's Jeffrey Levine, Toll Brothers' David Von Spreckelsen and Mayor Bill de Blasio (Getty, Toll Brothers)
De Blasio defied warning that he stop asking developers for donations
De Blasio defied warning that he stop asking developers for donations
Starwood Property Trust's Barry Sternlicht (Getty, iStock)
“Good luck finding people”: Sternlicht warns of labor shortage for infrastructure bill
“Good luck finding people”: Sternlicht warns of labor shortage for infrastructure bill
Sam Zell (left) and Barry Sternlicht (Photos by Studio Scrivo and Emily Assiran)
Battle of Monmouth: Zell and Sternlicht’s $2B struggle over warehouse REIT
Battle of Monmouth: Zell and Sternlicht’s $2B struggle over warehouse REIT
Toll Brothers CEO Doug Yearley and Equity Chairman Sam Zell (Twitter/Toll Brothers, Getty)
Equity, Toll Brothers partner on apartments for $1.9B
Equity, Toll Brothers partner on apartments for $1.9B
Starwood Property Trust CEO Barry Sternlicht (Getty, iStock)
Washington is “putting kerosene on an open fire” with spending bills: Sternlicht
Washington is “putting kerosene on an open fire” with spending bills: Sternlicht
Blackstone CEO Stephen Schwarzman and Starwood CEO Barry Sternlicht (Getty)
Here’s an inside look at Extended Stay’s 62K-key portfolio
Here’s an inside look at Extended Stay’s 62K-key portfolio
Starwood CEO Barry Sternlicht and Blackstone CEO Stephen Schwarzman (Getty)
Blackstone, Starwood up bid for Extended Stay America
Blackstone, Starwood up bid for Extended Stay America
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...