NEW YORK | The Greenpoint | 392 FT | 39 FLOORS

Three Stalled Waterfront Developments Request Renewals to Build

By Serena Dai on June 18, 2014 12:15pm

Abel Bainnson Butz, LLP

A 39-story mixed-used development approved in 2009 at 145 and 155 West St. in Greenpoint also gained the board’s support to renew its permit, which includes 140 units of affordable housing in a separate building from one that’s market rate.

The projects would also all feature developer-built public green space.

The 2008 recession and financing issues largely kept the developments from moving forward.

Eric Palatnik, a zoning attorney and representative for Rector Hylan, has blamed construction costs and economic climate on the failures to start on the initial permit, which was renewed in 2011.

He did not say why the project has been delayed since then and did not respond to requests for further comment. The owners wanted the permit renewed until 2016, Palatnik said.

Developers of 145 and 155 West St. in Greenpoint said the credit freeze after the recession kept the project from moving forward, according to Vivien Krieger, attorney for the developers.

They now hope to break ground early next year, she said.

Palin purchased the property in 2006, paying $84.57 million for a lot that includes an industrial building. The company took a deliberate path during the economic downturn, securing permits to build a 39-story tower on the site with 20% of the units set aside as affordable housing and 80% designated market rate.

Work preparing the site for the $435 million development—including the demolition of the industrial building—is under way. Some design elements might be modified. Construction is expected to begin before the end of the year.

[…]

Demolition Begins Next to India Street Pier

01/07/15 10:00am

http://cdn.brownstoner.com/wp-content/uploads/2015/01/huxley-envelope-155-west-street-demo-greenpoint-12015.jpg

http://cdn.brownstoner.com/wp-content/uploads/2015/01/155-west-street-demo-3-greenpoint-12015.jpeg
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This should take people by surprise soon. This will be the first skyscraper in Greenpoint, and will, as Chris puts, contribute the ‘Hong Kong’-ification of NYC.



http://www.ilarch.com/image/145WestStreet/img1.png

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Taken monday. Building on the far left

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there is a nice photo here:

https://flic.kr/p/L3bLC8

https://flic.kr/p/KVvyoD

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I think people will be surprised by the amount of development along the Williamsburg waterfront once all is said and done. Greenpoint Landing and the Domino Factory redevelopment have just barely begun. (this tower is apart of neither)

photo by Clay Hensley, found on flickr.


IMG_1391 by Clay Hensley, on Flickr

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FW4A3794 by Kevin Leclerc, on Flickr

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TECTONIC

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Pretty good shots, Tectonic!

Great shots tec

Thanks all.

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Taken today. 1/21

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TECTONIC

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Credit: Eveline Boone

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Credit: Dan Willis

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TECTONIC

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