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Case 1:12-cv-08551-LLS Document 10-2 Filed 03/13/13 Page 1 of 3

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In Williamsburg, Developers Try to Fit In - WSJ.com

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Case 1:12-cv-08551-LLS Document 10-2 Filed 03/13/13 Page 2 of 3

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In Williamsburg, Developers Try to Fit In

By

The condominium and townhouse development at 197 Berry St. in Williamsburg is beginning to
take shape, showing clear signs of the developer and architect's efforts to make it fit in with the
surrounding row houses and industrial buildings.

When finished, the project will include two apartment buildings, one on Bedford Avenue and
another on Berry Street, with a total of 72 units, bookending 12 townhouses on the north side of
North Third Street between Berry Street and Bedford Avenue. At this point, only the condominium
apartment houses on Bedford and Berry are up.

Peter Bafitis and Carmi Bee, principals at RKT&B and the architects for the project, said they
wanted to create something "contextual," a common term in architecture that refers to projects that
reflect the aesthetic around them. The five-story apartment buildings do this by not towering over
surrounding buildings. Further, their facade windows were arranged in an offset pattern, rather
than lining up, so as to diminish the buildings' bulk. And the buildings' facade is a grey color that
blends in with the industrial buildings nearby.

What's still not clear, of course, is whether the design will help sales. The real-estate boom saw
unprecedented condo development in Williamsburg, raining countless glass-clad towers onto the
neighborhood's formerly industrial streets. Much of that product remains unsold or only partially
built. A development site near 197 Berry St. is one of the many stalled projects in the area.

The Berry Street condos will go up for sale next spring. Abraham Bennun, of Triton Realty Group,
the developer, is hoping it will be helped by the retail in the project, another piece of its contextual
design. Both the ground floor levels of Berry and Bedford sides of the project are covered in plate
glass and open to the street. On Bedford, the retail's been filled by an HSBC Bank and a Duane
Reade.

That retail has attracted the interest of one big investor: SL Green Realty Corp. The giant
Manhattan landlord recently purchased all of it, making this SL Green's first retail condo purchase
in an outer borough.

Construction on the townhouses is set to begin in January. They will be set back from the street,
allowing for landscaping in between the street and the front entrances.

"The idea was to create a green zone between the street and the buildings, very similar to what
happens in Carroll Gardens, so that there's a zone between the public realm and the private realm,
the public realm being the street and the private realm being the house," says Mr. Bee.

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In Williamsburg, Developers Try to Fit In - WSJ.com

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Case 1:12-cv-08551-LLS Document 10-2 Filed 03/13/13 Page 3 of 3

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3/12/2013