Union BK is ready for move-ins: Eco-oriented Williamsburg condos with 421a tax abatement

By CityRealty Staff | From Future New York Thursday, February 13, 2020

Renderings of Union BK via Workshop DA

After several years of slow construction, work on Union BK is coming to a close as the 19-unit condo is now open for immediate occupancy. The sustainability-oriented development is situated at 305 Union Avenue, between South 2nd and 1st Streets in East Williamsburg. Michael Schlegel's EcoRise Development is behind the project and acquired a $12 million construction loan in 2017.

A standout feature of Union Bk's design is its facade that will be infused with a uniquely-patterned vertical garden whose foliage will change colors with the seasons. The vegetation will also filter sunlight, help regulate indoor temperatures, and distinguish the building from all the new construction mushrooming across the neighborhood. Garrison Architects and Workshop DA are the building's designers.

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The 19 condo residences range from studio to three-bedroom layouts. Included are four penthouses and five duplexes. Public listings show at least three units are in contract including a two-bedroom penthouse that had an ask of $1,700,000. Still available is #PHA , a 3-bedroom, 2 baths listed for $2.2 million. The 1,597-square-foot duplex unit has two private terraces totaling 476 exterior square feet.

Living room with private terrace access

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Typical kitchen

Typical bath

All units will have environmentally friendly features, high steel-decked ceilings, floor-to-ceiling windows, open chef’s kitchens, baths with Waterworks fixtures, and in-home washer/dryers. Additionally, 14 residences will have private terraces and/or balconies. Building amenities will include a virtual doorman, gym, lounge, bike room, and parking. Buyers will also reap the benefits of the much-coveted 421a tax abatement.

The building is close to the Lorimer-Metropolitan L and G train station in addition to the Hewes Street J/M subway station. Countless dining, shopping, and cultural amenities are also within walking distance. According to CityRealty listings, condos throughout Williamsburg blend into a median price per square foot of $1,311; the median for one-beds is $950K, two-beds is $1.42 million and three-beds is $2.37 million.