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DDG plans Williamsburg development

Joe McMillan’s firm signed ground lease on North 1st Street

102-110 North 1st Street and Joe McMilla
102-110 North 1st Street and Joe McMillan (Credit: Getty Images)

Joe McMillan’s DDG is preparing for a post-L Train shutdown Williamsburg with a boutique development on North 1st Street.

The company signed a 99-year ground lease for a site at 102-110 North 1st Street, between Wythe Avenue and Berry Street, last year, the New York Post reported. It later bought $740,000 worth of air rights from nearby plots.

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It wasn’t clear what DGG plans to build, although condominiums are out of the question given the ground lease.

DDG is currently developing a 32-story tower on the Upper East Side, which has met fierce opposition from local politicians. [NYP] — Konrad Putzier

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Commercial Real EstateDdg Partners