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The empty lot at 205 Water Street in Dumbo where Toll Brothers wants to build a new high-rise apartment building happens to sit within the boundaries of the Dumbo Historic District which means that the large developer needs sign-off from the Landmarks Preservation Commission before it can get the Department of Buildings to grant building permits. Toll will be presenting its design for the 10-story building to LPC commissioners on April 6, reports Crain’s, but before that happens, the developer will have to do its song-and-dance in front of Community Board 2’s landmarks committee tonight. Toll’s plans, at a time when project financing has virtually disappeared, reflect a stong faith in the strength of the Dumbo market. “Besides Brooklyn Heights, this is the only desirable place in Brooklyn where we would want to do a project now, said Toll’s top dog for Brooklyn David Von Spreckelsen.
Toll Advances Plans for Dumbo Tower [Crain’s]
Deconstructing the 205 Water Street Deal [Brownstoner]
Toll Brothers Planning Large Dumbo Project [Brownstoner]
DUMBO Rezoning Passed (Without Much Fanfare) [Brownstoner] GMAP
Praying for the Variance Gods at 205 Water Street [Brownstoner] P*Shark


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  1. DeadCat, without seeing the renderings, there’s no way you can even comment. LPC’s job is not to decide whether a developer can build here–that’s determined by the zoning code–it’s to try to ensure that what gets built here works as well as possible within the context of the historic district. Now, LPC can certainly “suggest” to the developer that he make certain changes on the margin, like setbacks, window sizes and locations, building material, etc., but the commission can’t just tell the developer he can’t build there.

  2. WTF? How could landmarks possibly say yes to this? Just because some cookie cutter luxury home sleaze bag land grab factory wants to stink up a historic district, the peoples representatives should give them everything they want?
    This is almost as bad as Forrest Rattner.