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November 20, 2008 8:48 AM - Sign in to comment - Link
Developer Wants 40 Stories in GreenpointIn 2005, the city approved new upzoning laws for the Greenpoint waterfront, allowing up to 30 stories (pictured: the city's rendering of what the waterfront could look like). Now the Brooklyn Paper reports that developer Dean Palin (the man behind this monstrosity) wants to build a 40-story, 422-unit rental tower as part of a 620-unit development at his 155 West Street property. Brownstoner points out that he "paid a whopping $84,750,000 for the site a couple years back and has just recently filed for demolition permits." He'll have to fight to get those extra 10 stories, which he claims to...
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