Jan 11, 2024
Naftali Group Plans 21-Story Tower in Williamsburg, Brooklyn
A new development is on the horizon for Williamsburg, Brooklyn, as Naftali Group files permits for a 21-story tower at 1 Division Avenue. Situated between the waterfront and Kent Avenue, this strategically located lot is…
Traded Editorial
A new development is on the horizon for Williamsburg, Brooklyn, as Naftali Group files permits for a 21-story tower at 1 Division Avenue. Situated between the waterfront and Kent Avenue, this strategically located lot is in proximity to the South Williamsburg ferry stop and the Marcy Avenue subway station (J, M, and Z trains). Naftali Group, also behind the complex at 470-490 Kent Avenue, assumes ownership and development responsibilities.
Development Details and Architectural Insight
The proposed tower is set to reach a height of 269 feet and encompass a total of 297,521 square feet. Of this, 296,531 square feet will be allocated for residential space, with the remaining 990 square feet designated for commercial use. The development is anticipated to comprise 218 residences, with the average unit size suggesting a condominium setup, boasting an average scope of 1,360 square feet per unit. The structure, primarily constructed with concrete, will incorporate a cellar and provide 109 enclosed parking spaces.
Architectural Design by COOKFOX Architects
COOKFOX Architects has been enlisted as the architect of record, reflecting the project's commitment to a high level of design and functionality. The choice of architect often underscores the importance of aesthetics and sustainable urban integration in the development process.
Upcoming Steps and Timeline
As of the current filing, demolition permits have not yet been submitted, and an estimated completion date has not been officially announced. The upcoming phases, including demolition and construction, will likely unfold in tandem with regulatory approvals and community discussions.
Strategic Location and Transit Accessibility
The site's strategic location, with proximity to transportation hubs and waterfront amenities, aligns with modern urban living preferences. The development aims to contribute to the evolving skyline of Williamsburg, adding contemporary living spaces to meet the demands of the growing community.
As this project unfolds, it will be interesting to observe how Naftali Group navigates the regulatory landscape and community considerations, shaping the future of this vibrant Brooklyn neighborhood.