News: Owners Developers & Managers

Two Trees Management leases 99% of One Domino Square residences

Brooklyn, NY According to Two Trees Management, a family-owned, Brooklyn-based real estate development firm, over 99% of rental units in One Domino Square, Williamsburg’s tallest residential building, have been leased since the building’s launch less than a year ago.

Since leasing began in May 2024, 278 of One Domino Square’s 279 market-rate units have been rented, this pace includes a full lease-up on the penthouse collection in only a month including units, PH1A and PH2B. Positioned at Williamsburg’s highest residential point, these penthouse two-bedroom, two-bathroom homes indulge a wraparound terrace and views of the city skyline, bridges, and the East River leading to the Statue of Liberty.

“There’s been an overwhelmingly positive response to One Domino Square, and we only have one unit left to lease, our premier corner three-bedroom on the 53rd floor that was recently released,” said Rebecca Epstein, managing director of residential leasing at Two Trees Management. “This milestone reflects the building’s sophisticated design, indoor-outdoor amenity package that fosters community, and most notably, its unrivaled waterfront location with the best views on the market.”

Designed inside and out by renowned architect Annabelle Selldorf of Selldorf Architects, the striking pearlescent building features an iridescent porcelain façade that reflects the waterfront and natural light throughout the day, creating a presence on the New York City skyline. Inside, open-plan interiors come to life with high-quality finishes, modern conveniences, and exceptional craftsmanship. Kitchens has Caesarstone countertops, high-end Bosch appliances, and in most homes, spacious islands with a breakfast bar. Ceiling heights reach 11 ft., while views of the skyline and waterfront, with select homes offering panoramic vistas of all five New York City boroughs.

MORE FROM Owners Developers & Managers

West 55th Street: The missing files and where Tony Bennett Lived - by Joseph Aquino

New York has a way of hiding its history in plain sight. People walk past buildings every day without realizing that behind their brick and stone facades are thousands of stories. Some belong to celebrities. Most belong to ordinary New Yorkers whose lives quietly become part of the city’s history.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
NYC's Community Opportunity to Purchase Act is back - and multifamily owners should pay attention - by  Ron Cohen

NYC's Community Opportunity to Purchase Act is back - and multifamily owners should pay attention - by Ron Cohen

New York City’s Community Opportunity to Purchase Act (COPA) is back, and this latest version could have a much better chance of becoming law. The proposal would give qualified nonprofit organizations
Hunt Commercial Real Estate Q&A:  Location, location, location? - by David Hunt

Hunt Commercial Real Estate Q&A: Location, location, location? - by David Hunt

In working with our clients, we break down our search objectives into two categories. The first category involves the specific needs of your business such as warehouse height, amount of office space and number of loading
Follow the upside: How NYC  investors are rethinking real estate - by Thomas Donovan

Follow the upside: How NYC investors are rethinking real estate - by Thomas Donovan

In my earlier years of brokerage, my team had our investor list divided into five brackets – multifamily, retail, office, industrial and development. For the most part, multifamily investors only wanted to see multifamily
IREON Insights:  Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

IREON Insights: Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

If you are a company that either claimed or qualify for the research and development tax credit you need to be aware of the following update resulting from the One Big Beautiful Bill Act (OBBBA).