Skyscrapers, beaches and tidal pools: Two Trees reveals plan for Williamsburg waterfront
Two Trees Management, the developer of the mammoth Domino Sugar Refinery site, is expanding its dominance of the Williamsburg waterfront with the $150 million purchase of a nearby site from Con Edison, where some neighbors oppose any residential development.
Two Trees, the Walentas family’s real estate firm, unveiled its plans on Thursday for the River Street project, which it plans to build on the property it just bought from Con Edison. The project includes two towers with 1,000 apartments, 250 of which will be affordable units for lower-income tenants, and a water-centric park with a public beach and natural habitats such as a salt marsh, freshwater wetland and tidal pools.
Two Trees must get the River Street site rezoned in order to do residential development, but it faces opposition from neighborhood residents who started mobilizing several months ago, before the identity of the purchaser of the property became public knowledge.