Toll Brothers bottom line is saved by Williamsburg and Hoboken, and in return, Toll remains bullish on Williamsburg. Details on Tower 2, which will be 50% larger than Tower 1, include a shift in the apartment mix to mostly studios and one bedrooms. This is in response to sales at 1 Northside Piers, which have skewed younger than expected (though right now, its not clear that that younger crowd can qualify for hefty luxury mortgages).

Oh, and now “Williamsburg is a natural extension of the Village”.