More Than 1,300 New Apartments Planned in Williamsburg

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The Post has a story this morning that does a good job of breaking down most of the new Williamburg developments in the works through 2014, the vast majority of which are rentals. The article counts 1,324 new units coming to market by the end of 2014, with 500 of those in the Northside Piers 3 site that Douglaston Development is going to build. Here’s the breakdown:

Coming in the next couple months:

170 North 5th Street: 16 units, originally planned as a condo, hitting the market soon as a rental
205 North 9th Street: 113 rental in a new building called The Driggs; rents running from $2,000 to $4,500 and move-ins begin in January

Coming in 2013:

95 Bedford Avenue: The long-stalled development with more than 250 units is supposed to be a rental
544 Union Avenue: Around 95 rentals
204 Wythe Avenue: More than 150 units planned; unclear whether it will be a rental or condo (rendered above at right)
250 N. 10th Street: More than 200 units planned; unclear whether it will be a rental or condo

Expected in 2014:

3 Northside Piers site: Douglaston Development is planning a rental called The Current with 500 apartments (rendered above at left)

We think there are a few other developments in the neighborhood that are likely to be finished within the next couple years but weren’t mentioned in the story, like the conversion of 65 Hope Street into 117 rentals, and the 160-unit rental at 11 Broadway that L&M is building. As the story says: “Think the L train is crowded now? Brace yourself.”
Williamsburg’s Rife With New Buildings Again [NY Post]

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