NEW YORK | 2 Noble St (2 towers) | 433 & 330 FT | FLOORS

[NYguy]

A TF Cornerstone residential development just north of the Monitor Point development that will include 1,060 units across 2 towers (one affordable).

[NYguy]

https://www.crainsnewyork.com/real-estat...ont-development-climate-change-20260618/

Waterfront development surges across Brooklyn and Queens despite climate risks


ByJulianne Cuba
June 19, 2026

A waterfront development in Greenpoint, with shoreline-stabilizing features meant to curb climate-driven erosion and flooding.

The two-building project at 2 Noble St. will include about 1,060 apartments, retail space and a 31,275 square-foot public waterfront access area along the East River.

The project reflects a broader shift in New York waterfront development, where climate adaptation has moved to a design imperative — driven in part by costly lessons from Hurricane Sandy and, more recently, from developers’ own wave-damaged projects.

Two years ago, TF Cornerstone acknowledged that “higher than expected flooding levels” had eroded the shoreline of its newly completed development at 2-20 and 2-21 Malt Drive in Long Island City, prompting the company to install additional protective infrastructure. It’s unclear how much monetary damage the development’s coastline suffered from the erosion.

Despite the risks, developers continue to build on some of New York City’s most desirable — and vulnerable — land.

“The land is so valuable, and waterfront land is so desirable, that [developers] are using engineering to protect it,” said Steven Cohen, senior vice dean of Columbia University’s School of Professional Studies.

The new site at the edge of the East River is approximately 174,000 square feet and is currently vacant. Located within a state-designated coastal zone, the property was previously home to the American Manufacturing Company factory before that building was destroyed in one of the city’s largest fires in 2006. TF Cornerstone acquired the site in 2024.

According to project documents, the waterfront public access area is intended to promote shoreline stability with the help of coastal vegetation and to increase the amount of permeable surface on the site. The space would include recreational amenities such as chess tables, telescopes, a lawn and a dog run.

“In addition to expanding open space, the [public access area] will enhance the resilience of the waterfront by increasing pervious surfaces on the Development Site,” project materials state.

A spokesperson for TF Cornerstone said waterfront development is at the core of its expertise.

“With a dozen successful waterfront residential towers completed across New York City, we bring unmatched experience and a proven track record to complex projects, meeting and exceeding the highest standards for design, construction, and long-term resilience,” the spokesperson said.

[NYguy]

No drawings yet, but the tallest building looks to be 433 ft, and the other at 330 ft.