For Williamsburg Renters, Look But Don’t Swim

Renters in the affordable housing components of the Edge and Northside Piers pay rents well below market rates (some as low as $398 per month, according to the Times). But they don’t have access to the amenities on the luxury side of the development.

Two Northside Piers is 50% Sold

I keep hearing about how great sales are at the Edge, but next door, Toll Brothers’ Northside Piers project is quietly selling a lot of units.

Two Northside Piers, the second phase of the much better-looking waterfront development, is now 50% sold (one Northside Piers sold out ages ago). If my numbers (and theirs) are correct, Northside has sold more than 310 of about market-rate 450 units, or about 69% overall. Next door, the Edge has sold about 38% (“nearly 40%”!) of its 565 market-rate units.