Spitzer reveals plans for two Williamsburg waterfront towers

Former governor picked up the $165M property in August

TRD New York /
Dec.December 18, 2014 04:36 PM

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

 

Related Articles

arrow_forward_ios
Lantern Real Estate co-founder Tal Bar-Or and a rendering of the project

Williamsburg building gets $41M bridge loan after Brooklyn Boulders bails

Williamsburg building gets $41M bridge loan after Brooklyn Boulders bails
25 Kent Avenue and Amazon CEO Jeff Bezos (25 Kent; Getty)

Amazon Music is coming to Brooklyn’s office market

Amazon Music is coming to Brooklyn’s office market
From left: 21 Montrose Avenue in Williamsburg, 1480 Amsterdam Avenue and 520 West 136 Street in West Harlem and 208-212 West 141st Street in North Harlem (Google Maps)

Week’s mid-market sales run gamut from $80 to $500 psf

Week’s mid-market sales run gamut from $80 to $500 psf
126 Hancock Street and 85 North 3rd Street (Google Maps, Corcoran)

Bed-Stuy townhouse tops Brooklyn luxury contracts

Bed-Stuy townhouse tops Brooklyn luxury contracts
111 Kent Avenue and Stanley Iezman (Credit: Google Maps)

American Realty Advisors eats $10.7M on Williamsburg sale

American Realty Advisors eats $10.7M on Williamsburg sale
470 Kent Avenue and Naftali Group’s Miki Naftali (Credit: Google Maps, Gonzalo Marroquin/Patrick McMullan via Getty Images)

Naftali closes on large Williamsburg development site for $100M

Naftali closes on large Williamsburg development site for $100M
84 Putnam Ave and 308 N 7th Street in Brooklyn (Google Maps; 308n7)

Brooklyn luxury home sales remain 80% below last year

Brooklyn luxury home sales remain 80% below last year
46 Cook Street in Brooklyn (Credit: Google Maps)

Williamsburg biz takes 53% more space to meet demand

Williamsburg biz takes 53% more space to meet demand
arrow_forward_ios

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

Loading...