“Avid church and factory convertor” Yoel Werzberger and Watermark Capital Group are building a 19-story, 230-foot residential building in the heart of Williamsburg at 321 Wythe Avenue, reports CityRealty.com, and it’ll be the tallest tower in the neighborhood not along its waterfront.
The site was formerly a parking lot and single-story church owned by the Parish of Saints Peter and Paul Roman Catholic Church, who also owns an acre of property on the block between Wythe and Berry Streets. The struggling church entered a long-term lease deal with Watermark last year that will allow them to erect a residential tower while making payments to the Parish that begin at $2.1 annually.
As CityRealty.com notes, a newly posted rendering posted on the site’s construction fence reveals that the tower will be even taller than the controversial, 16-story Finger Building planned a decade ago at 144 North 8th Street. It also shows that ND Architecture & Design have created a T-shaped tower rising on columns above a low podium that will house a 92-car parking garage and an ambulatory diagnostic/health care facility, as well as have a landscaped deck for tenants on its roof. The firm has infused the project with their “trademark exterior aesthetic of randomly placed balconies, materials and setbacks.”
The tower is expected to be completed in 2019. Find future listings here.
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Neighborhoods : Williamsburg