Next door to the new Trader Joe’s on Court and Atlantic, developers David and Jed Walentas plan to build an apartment building that is higher than Historic District regulations:
Brooklyn Paper: … All Win with our Tall Building: Two Trees Management, a DUMBO-based development company, has asked the city to bend local zoning rules to allow it to construct a building on Atlantic Avenue that is 10 feet taller than the current zoning in the Cobble Hill Historic District.
The resulting building, which is on the south side of Atlantic Avenue between Court and Henry streets, would also be wider and deeper than current codes allow.
In exchange, the rental apartments in the proposed building would give Two Trees the money it needs to maintain the Two Trees–owned Independence Bank, the landmark building next door where Trader Joe’s will open a supermarket next year.
Opponents said Two Trees is required to maintain the historic building, whether it gets its variance or not.
[...] Flying Walentas Find Loophole Dispatches from America’s first suburb [...]