Posted Oct 14, 2011, 6:08 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 56,623
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NEW YORK | Northside Piers (1 N. 4th Place) | 398 FT | 41 FLOORS
Looks like the final tower will get built.
http://online.wsj.com/article/SB10001424052970203914304576629322840335328.html?mod=ITP_newyork_3
Williamsburg Slated For New Rental Tower
 
A luxury rental tower is slated for the Williamsburg waterfront in Brooklyn, in the foreground.
At center are two Northside Piers condo towers and at left, the Edge project.
By LAURA KUSISTO
October 14, 2011
Quote:
The developer of Williamsburg's massive Edge condo project is moving ahead quickly with a 500-unit luxury rental on the waterfront, which could be Brooklyn's most ambitious new residential project since the recession.
Douglaston Development, which built the Edge, has taken the lead on developing a nearby site at 3 Northside Piers. It plans to break ground on the $300 million project by March.
The vacant lot directly on the Williamsburg waterfront has been in limbo for several years. It was initially supposed to be the third condo in the Northside Piers development, but the plan was axed after the first two buildings were plagued for a time by sluggish sales and price cuts.
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NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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