Two Trees Threatens To Sell Williamsburg Site : vimarsana.co

Two Trees Threatens To Sell Williamsburg Site


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Two Trees CEO Jed Walentas and renderings of the controversial project. (Getty, James Corner Field Operations / Bjarke Ingels Group)
Be careful what you wish for. That’s the message Two Trees Management has for opponents who want to block the developer’s plans for a pair of apartment towers on the Williamsburg waterfront.
The Brooklyn-based developer is contending with pushback on its plan to rezone a large property along the East River to make way for its “River Ring” mixed-use project, which would include 1,250 rental apartments, office space, a pool and beach.
But if opponents are successful in shooting the rezoning down, Two Trees says it will sell the site, and the most likely buyer will be a logistics-developer that will build a last-mile distribution warehouse.

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