Toll Brothers, whose plans for development along the Gowanus Canal may be stymied if the Canal is declared a superfund site, has purchased a vacant lot bounded by Water, Jay, Bridge and Plymouth streets, in DUMBO, and may seek to build a high rise residential building there.
The Brooklyn Paper: The mammoth suburban developers — fresh from a bruising withdrawal from the toxic Gowanus Canal — says it may seek to build as high as the law allows in the famously hot neighborhood between the Manhattan and Brooklyn bridges.
That would mean a 120-foot tower at 205 Water St. between Jay and Bridge streets.
Twelve stories is the maximum height allowed under the zoning rules for the area. In any event, Toll Brothers must secure Landmarks Preservation Commission approval for any structure it proposes to build there.