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Preliminary pricing and a teaser site with renderings are out for the 40-story megatower at 1 North 4th Place in Williamsburg (formerly the third Northside Piers tower). Designed by FXFOWLE Architects, the 510-unit development has studios priced from $2,200 to $3,250 a month, one-bedrooms from $2,800 to $3,700, and two-bedrooms from $4,200 to $5,800, according to Curbed. Three-bedrooms range from “the high $5,000s” to $8,500 a month.

Besides stereotypically Williamsburg marketing photos, such as a heavily tattooed man holding a baby, the teaser site also shows renderings of a corner apartment with views of the Manhattan skyline, an indoor lounge with a library, and an outdoor pool. The building was originally supposed to be the third Northside Piers tower, until the Toll Brothers left the project. Douglaston Development, RD Management and L&M Development Partners broke ground on the 434,000-square-foot luxury building two years ago.

What do you think of the look and the prices?

Williamsburg’s New Waterfront Rentals Finally Reveal Details [Curbed] GMAP
1 North 4th Place Coverage [Brownstoner]

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The outside of the 41-story tower rising at 1 North 4th Place on the Williamsburg waterfront looks all done. The rental building from Douglaston Development will have 510 units across 434,000 square feet, according to building permits. Designed by FX Fowle Architects, the glassy behemoth will have a mix of studios, one-, two- and three-bedrooms, Douglaston’s website notes. It will also include parking for 80 cars, a large terrace overlooking the river, and “extensive fitness and recreational amenities.” The developer also claims the building will be “the first highrise rental project on the Williamsburg waterfront.”

The building is close to the two Northside Piers towers and The Edge. Originally it was  third Northside Piers tower until Toll Brothers exited the project.

Construction is supposed to wrap next summer. The tower pretty closely matches the construction rendering, pictured after the jump.

Windows Almost Finished at Waterfront Tower [Brownstoner] GMAP

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A tipster let us know that Douglaston Development filed a new building application Monday for a third Williamsburg Edge condo tower, which will rise to 40 stories. The building at 2 North 6th Place will have 554 units, including 10 duplexes.

Stephen J Jacobs Group will design the 398-foot waterfront skyscraper, which will include 512,739 square feet of residential space and 678 square feet of commercial space, according to the permit. The development will also house 160 parking spaces that have been “dry floodproofed,” bike storage, a business center, children’s play room, an outdoor terrace, storage rooms and a gym. And there will be a rooftop terrace with a BBQ, pool and hot tub, and a lounge/party room.

Pictured above are the existing Edge (at left) and Northside Piers (at right) towers on the waterfront. The new building will go up along the waterfront at the end of North 6th Street in front of the shortest Edge tower, according to our tipster.

First Resale at the Edge Hits $3 Million [Brownstoner]
Edge [Douglaston Development]
Image by Spot_NYC

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Big news this morning in the Wall Street Journal: Edge builder Douglaston Development intends to construct a 500-unit rental on the Williamsburg waterfront parcel where Three Northside Piers was supposed to rise. According to the story, Douglaston plans to break ground in March for the 40-story building. Toll Brothers is walking away from plans to develop a third Northside Piers building on the site because, according to senior VP David Von Spreckelsen, the “Williamsburg market is strong, but for most of us developers, it’s not a place where we were making a lot of money.” Douglaston’s plans for a third Edge condo—on the land where Smorgasburg and the Brooklyn Flea are held—are currently on ice, but the firm’s principal Jeff Levine says there’s a great deal of demand for rentals in the neighborhood and he expects to rent apartments in the building for $55 to $60 a foot, or around $3,000 for a one-bedroom. The Journal notes that the $300 million development could be “Brooklyn’s most ambitious new residential project since the recession.” Douglaston still needs to work out nitty-gritty financing details before the tower is a go. The tower, rendered above at right, will be 10 floors taller than the Two Northside Piers, which goes to 30 stories.
Williamsburg Slated For New Rental Tower [WSJ]