New five-tower development to transform South Williamsburg waterfront

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New York Construction Report staff writer

Naftali Group and Access Industries have released new renderings for Williamsburg Wharf, a 3.7-acre mixed-use development expected to transform the South Williamsburg waterfront.

The project will include about one million square feet of space for residential, commercial, and retail uses and a public esplanade stretching nearly 525 feet along the East River.

Construction for the first phase is expected to be completed by the end of 2025, with a total construction cost estimated at $600 million.

“Williamsburg Wharf represents an extraordinary vision for the last developable site along Williamsburg’s East River shoreline,” said Miki Naftali, chairman and CEO of Naftali Group. “We are excited to introduce a new neighborhood and truly urban resort-style destination to future residents in this highly desirable neighborhood.

“This master-planned development, designed by some of the finest architects and designers in the world, demonstrates our continued confidence in the strength of New York City and our promise to always deliver the highest quality residences to the market.”

Five 22-story residential towers are planned, designed by Brandon Haw Architecture, COOKFOX Architects, Rockwell Group, Ward + Gray, Studio Munge, and Hill West Architects.

Naftali Group acquired the former lumber yard site in 2020.

Amenities will include green space, a dog run, expanded pedestrian and cyclist routes along the Williamsburg waterfront, interconnected landscaping, and a pedestrian boulevard featuring a sculptural public art piece.

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