The city is not going to play ball with Con Edison’s real estate ambitions. In October, the company listed a massive waterfront site in Williamsburg, and pointed to residential waterfront developments in the nearby area as an indicator of what might rise at this site located at 500 Kent Avenue.
The site would of course require a zoning change as it is currently zoned for commercial use, but the city is now saying that it will stay that way, Crain’s reports. Brooklyn Borough President Eric Adams told Crain’s that Con Ed didn’t make it clear in their listing that the site is actually part of Brooklyn Navy Yard’s Industrial Business Zone (even though it does sit close to the Domino redevelopment site and the Eliot Spitzer-spearheaded megaproject).
According to Adams, Deputy Mayor Alicia Glen intimated last year that the city would not back residential projects in IBZs, and the city has followed through on that declaration. A spokesperson for the administration confirmed to Crain’s that the site would not be rezoned.
As it stands now, the 2.5 acre site offers 230,500 buildable square feet and could allow for retail, offices, and light manufacturing.
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