The site is owned by Adam and Leslie Westreich of Tryad Group, who've remained somewhat tight-lipped on the project. However, the teaser site has revealed a few more details, with the building offering eleven one- and two-bedrooms, plus two duplex penthouses with private rooftop terraces. These apartments will feature "sprawling living spaces, over-sized windows, [and] industrially inspired design" and pricing will start at $645,000 for one-bedrooms, $1 million for two-bedrooms, and $1.5 million for one of the penthouses. Aptsandlofts.com will be handling sales and marketing.
Tryad bought the site back in 2007 for $1.3 million, according to Brownstoner.
· 538 Union Ave [Official]
· Teaser site goes live for 538 Union Avenue in Williamsburg [BBH]
· All 538 Union coverage [Curbed]