ConEd sites in Williamsburg are now for sale

The three parcels could give way to about 1.5M sf of development

TRD New York /
Apr.April 30, 2018 05:00 PM

Con Edison’s Williamsburg site (Credit: Google)

Consolidated Edison is finally putting its long-coveted development sites on the market in Williamsburg.

The three waterfront lots on River Street, together 3.2 acres just north of Two Trees Management’s Domino Sugar redevelopment, were used by Con Edison to store oil between 1984 and 1997, Crain’s reported.

Cushman & Wakefield has the listing. A development of 1.5 million square feet could be built on the site, said broker Stephen Palmese.

Last year, Simon Dushinsky and Isaac Rabinowitz’s Rabsky Group bought a separate waterfront site from Con Edison on Kent Avenue for $50 million. [Crain’s] — Will Parker

Related Articles

As the years go by_A look back at 17 years of real estate history

A look back at 17 years of real estate history

250 North 10th Street and TF Cornerstone president Frederick Elghanayan (Credit: Google Maps)

TF Cornerstone pays $140M for Williamsburg multifamily building

250th Issue

The Real Deal celebrates 250 issues

From left: Publisher and founder Amir Korangy, Editor-in-chief Stuart Elliott and VP of Corporate Development Yoav Barilan

TRD’s founders share war stories from over the years

Donald Trump with Rep. Emanuel Cleaver II, Rep. Ron Kind and Sen. Cory Booker (Credit: Getty Images, iStock)

Trump’s Opportunity Zone program is under investigation

Cooking gas outages are frustrating many New Yorkers (Credit: iStock)

No gas in your apartment? Don’t hold your breath

Neir’s Tavern (Credit: Google Maps)

City’s oldest bar, of “Goodfellas” fame, gets last-minute lifeline

Neir's Tavern (Credit: Google Maps)

Landlord to bar owner: You don’t have to go home but you can’t stay here