As many as 10 waterfront towers coming to Williamsburg

1N4th, a new 41-story rental has already kicked off leasing

TRD New York /
Dec.December 21, 2014 05:00 PM

The Williamsburg waterfront is set to see even more towers. The latest one to rise is dubbed 1N4th, but it certainly won’t be the last.

A 41-story building with 510 rental apartments at 1 North Fourth Street, is now topped out and started leasing this month. But about 10 waterfront high-rises may eventually join 1N4th, including three towers at the Domino Sugar site and several more on sites south of the Williamsburg Bridge, according to the New York Times.

If all ten towers are built, it would add as many as 4,300 apartments to Williamsburg.

“This is a rental project with condo-level amenities,” Jeffrey Levine, the chairman of Douglaston Development, which is building the tower, told the Times. “The site is almost a peninsula jutting out into the East River, and we literally have views from our homes that are 360 degrees.”

The rental market along the Williamsburg waterfront is still thriving, a fact that is sure to continue to draw ambitious developers. Rents there have increased as much as 25 percent since 2010. [NYT]Christopher Cameron

Related Articles

93 North 9th Street in Williamsburg, Thor Equities' Joe Sitt, and a KAWS statue (Credit: Google Maps and Jim Bowen via Flickr)

Acclaimed artist KAWS pays $17M to expand Williamsburg studio

166 Berry Street in Brooklyn and Wharton Properties’ Jeff Sutton (Credit: Google Maps)

Jeff Sutton pays record price in Williamsburg: brokers

A rendering of  280 Meeker Avenue CW Realty Management CEO Cheskie Weisz (CW Realty Management)

CW Realty to bring mixed-use project to troubled Williamsburg site

269 Wallabout Street in Williamsburg (Credit: Google Maps)

On to the next one: Rabsky planning yet another Brooklyn project

58 Union Avenue (Credit: Google Maps)

Brooklyn binge: Rabsky Group plans to bring 65-unit project to Williamsburg

CW Realty's Cheskie Weisz and the Williamsburg assemblage (Credit: CW Realty and Google Maps)

CW Realty buying Williamsburg assemblage for $39M

329 Broadway and JLJ CEO Jonathan Lewis (Credit: Syndicate Architecture via CityRealty, Google Maps)

Williamsburg developer lands $57M refi to complete 329 Broadway

100 South 4th Street in Brooklyn

Meadow Partners sells W’Burg rental
for $61M