Remember that plan to build a number of highrises on Bedford Avenue in Williamsburg? Well, it's moving forward in modified form. Quadriad Development's plans for a project combining a 5-story building with 75 units and a 24-story building got its first thumbs up from a Community Board 1 committee yesterday. (OnNYTurf has the details of the rather odd vote.) The project would sit between N. 3rd and N. 4th Streets between Beford Avenue and Berry Street. The highrise would go at N. 3rd and Berry. There are several other interesting details: One of Quadriad's development partners is said to be developer Joe Sitt's Thor Equities. Quadriad is also ultimately looking to develop at least six other parcels from N. 3rd to N. 5th Streets between Berry and Kent Avenues with highrises, as well as two others, one of which may be between N. 7th Street and Metropolitan Avenue near the BQE. The company has also set its sites on Coney Island Avenue in southern Brooklyn.
The Big Berry Finger would require an upzoning of downzoned property and a whole bunch of city approvals. The developer also wants to create a new zoning classification citywide that would trade 35 percent affordable housing for what one Williamsburg resident calls "the mother of all density bonuses." In the case of Williamsburg, the bonus enables a quadrupling of height. More to come as this one plays out.
· First Phase of Quadriad Plan Approved by ULURP Committee [onNYTurf]
· Bedford Ave. Fun: Work Sort of Underway on Big Project [Curbed]
· Quadriad Vague About Its Big Beford Avenue Plans [Curbed]
[Rendering to illustrate density courtesy of onNYTurf]