The New Coney Island - Brooklyn's Times Square by the Sea

Sunday, December 21, 2014

NY Times - More Towers for Williamsburg

Excerpt -


Tower after tower has shot up along the radically revamped waterfront in Williamsburg, Brooklyn, over the past decade, and the latest one to rise, called 1N4th, will be far from the last.

The 2005 rezoning of almost 200 blocks of Williamsburg, and parts of neighboring Greenpoint to the north, catalyzed the transformation of the waterfront area, a once-bleak industrial zone lined with trash transfer stations and contaminated sites. The controversial rezoning made way for thousands of new apartments in towers, some more than 40 stories, but it also was designed to spur creation of affordable housing, along with a public esplanade and a 28-acre city park.

A 41-story building with 510 rental apartments at 1 North Fourth Street, 1N4th is now topped out and started leasing this month, but has received little media attention since construction began, perhaps because it blends in with Williamsburg’s growing collection of littoral towers. When pioneer towers like Schaefer Landing, completed in 2003, the Northside Piers development (2007) and the Edge (2008) went up, they drew many more stares.

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. These could add as many as 4,300 apartments.

http://www.nytimes.com/2014/12/21/realestate/brooklyn-new-towers-for-williamsburg.html

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