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26-Story Hotel and Residential Hybrid Planned at Edge of Williamsburg Bridge

159 Broadway, the empty lot next to the old Williamsburgh Savings Bank. (Google Maps)

Feb. 23, 2018 By Nathaly Pesantez

Plans for a hotel and residential building rising to 26 stories next to the Williamsburg Bridge were filed yesterday.

The permits call for a 277-foot tower at 159 Broadway, the current site of a vacant lot. Floors two through 16 will hold 239 hotel rooms, while the last six floors will hold 21 residential units.

The hotel and residential component will be divided by the pool and terrace on the 18th floor, and mechanical rooms in the floor above.

159 Broadway from above. (Google Maps)

Below ground, the building will see a fitness area, bike storage, a restaurant, and 12 enclosed parking spaces. In all, the commercial component of the building is expected to take up 77,488 square feet.

Each residential floor will have either a terrace or balcony for the units, with the 21 units spreading out over 18,074 square feet.

The site’s developer is Cornell Realty, a Brooklyn-based real estate firm. The developer purchased the property from Carlos Perez San Martin, the owner of the Weylin event space at the Williamsburg Savings Bank next to the site, for $26.2 million in 2017. The prior owner also intended on building a 26-story hotel there in 2014, according to Department of Building records.

The new tower will be designed by Stonewall & Taylor Architects.

Cornell Realty did not immediately respond to questions on the building’s construction timeline.

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