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River Ring Highrise Project

Sector: Commercial • Location: Brooklyn, New York, United States

Source: Brooklyn Eagle

Project
Under Construction

The River Ring complex is an under-construction development on the Williamsburg waterfront consisting of two towers with 1,200 units, including 30% affordable housing, a YMCA facility, and a waterfront park. The project was approved in 2021 and benefits from an extension to the retired 421-a real estate tax break program, allowing it to claim tax benefits despite a completion date beyond the origi

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Project Information

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The project “River Ring Highrise Project” is an infrastructure initiative in the Commercial sector, located in Brooklyn, New York, United States. Taiyo aggregates data on it from Brooklyn Eagle.

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Participants

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Status

Original status

under construction

Taiyo status

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Email

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Description

Description

The River Ring complex is an under-construction development on the Williamsburg waterfront consisting of two towers with 1,200 units, including 30% affordable housing, a YMCA facility, and a waterfront park. The project was approved in 2021 and benefits from an extension to the retired 421-a real estate tax break program, allowing it to claim tax benefits despite a completion date beyond the original deadline.

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Original Currency

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Original budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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