City Planning to certify Moskovits’ bid for Williamsburg zoning change

Approval would scrap use requirements on 480K sf development at 25 Kent Avenue

New York /
Jan.January 04, 2016 04:05 PM

Toby Moskovits’ Heritage Equity Partners is seeking a zoning alteration for its planned nine-story, 480,000-square-foot office building in Williamsburg – one of the first new office buildings in Brooklyn in decades – that would eliminate use restrictions on the property.

The Department of City Planning is expected to certify Moskovits’ application on Monday, with the Brooklyn developer hoping to amend requirements that more than half of the property, located at 25 Kent Avenue between North 12th and North 13th streets, be used for medical, school, nonprofit or religious facilities.

Moskovits and her partners instead want to use nearly all of the building’s square footage to cater to Brooklyn’s growing office sector, according to Crain’s, with TAMI tenants flooding to the borough in search of work space. A component of the project would be reserved for light manufacturing use.

City Planning’s certification of the application would initiate a months-long approval process known as ULURP, which would solicit opinions from the local community board and borough president before requiring approval from both City Planning and the City Council for the zoning change to go through.

City Councilmember Steve Levin, who represents the Williamsburg area, supports the project, a spokesperson told Crain’s, while Moskovits said she is “confident that our plan for 25 Kent Avenue will resonate with community members and elected officials.”

The city’s real estate industry, meanwhile, is reportedly keeping a close eye on Moskovits’ application, as its outcome would give developers a better idea on how the city treats office projects slated to rise in former manufacturing zones. [Crain’s]Rey Mashayekhi


Related Articles

arrow_forward_ios
Ron Perelman and 39 East 62nd Street (Getty, Google Maps)
Manhattan office properties trade at a discount
Manhattan office properties trade at a discount
Inside the quest to change single-family zoning
Inside the quest to change single-family zoning
Inside the quest to change single-family zoning
An aerial of 341-347 Madison Avenue and Boston Properties CEO Owen D. Thomas (Google Maps, Real Estate Roundtable)
Boston Properties moves forward with teardown of ex-MTA HQ
Boston Properties moves forward with teardown of ex-MTA HQ
The village of Airmont will stop enforcing zoning provisions which the Department of Justice alleges discriminate against Jewish residents.(Airmont)
Rockland County village rolls back “discriminatory” zoning
Rockland County village rolls back “discriminatory” zoning
Heritage Equity Partners' Toby Moskovits and the Williamsburg Hotel at 96 Wythe Avenue (Moskovits via Sasha Maslov; Hotel via Williamsburg Hotel)
Toby Moskovits’ Williamsburg Hotel enters bankruptcy
Toby Moskovits’ Williamsburg Hotel enters bankruptcy
(Illustration by The Real Deal)
How builders are changing America’s suburbs to fit the times
How builders are changing America’s suburbs to fit the times
RedSky Principal Benjamin Bernstein and a section of the prooperties along N6th in Williamsburg. (RedSky)
RedSky hands over Williamsburg retail portfolio valued at $145M
RedSky hands over Williamsburg retail portfolio valued at $145M
Miki Naftali of Naftali Group and 470 Kent Avenue (Getty; Google Maps)
Naftali Group files plans for 400-unit towers in Williamsburg
Naftali Group files plans for 400-unit towers in Williamsburg
arrow_forward_ios

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

Loading...