Closing Bell: City Planning Met on Rezoning of Rheingold Brewery Site


The City Planning Commission met this morning at 10 am to discuss the rezoning of the Rheingold Brewery site, where developer Read Property Group wants to build a massive commercial and residential development. Community Board 4 already approved a proposal to have the site rezoned in July during a closed meeting, but the decision could be declared invalid because the public wasn’t present. (City Council Member Diana Reyna said she is investigating.)

The developer proposes to build eight 10-story buildings housing 977 apartments and 54,000 square feet of retail space. Twenty percent of the apartments will be affordable housing. The mostly vacant property between Bushwick and Evergreen Avenues is currently zoned for manufacturing, and the developer has to undergo a lengthy public review process to have it rezoned for residential and commercial use.

No word yet on what happened at the meeting this morning, but we will let you know as soon as we do.

Bushwick Pushes Back on Huge Development Plans [Brownstoner]
Developer Moves on Plans for Big Bushwick Complex [Brownstoner]
Rendering from Read Property via New York Daily News

What's Happening