NEW YORK, NY - Lendlease, a leading integrated real estate and investment management group, and joint venture partner Aware Super, one of Australia’s largest superannuation funds, today unveiled the name and new renderings for The Riverie, an 834-unit multifamily development at 1 Java St. along the Brooklyn waterfront in Greenpoint. With leasing starting in 2025, The Riverie offers residents modern waterfront homes for rent, wellness-focused amenities and a sustainable, all-electric design.
Located on a full-block site, The Riverie includes two residential towers reaching 37 and 20 stories, as well as a mid-rise podium with frontages on India, Java and West streets. Thirty percent of the development’s apartments are designated as affordable housing under the Affordable New York Housing Program.
“From day one, we envisioned The Riverie as a thriving residential community with boundary-pushing sustainability features and a meaningful connection to the Greenpoint waterfront,” said Meg Spriggs, Managing Director of Development, Americas, Lendlease. “With East River and New York City skyline views, The Riverie will deliver much-needed housing to the neighborhood, enhance the daily lives of residents and create a unique experience for everyone who visits the property.”
Designed by Marvel, The Riverie includes a newly created public waterfront esplanade that will reestablish the neighborhood’s direct connection with the East River and features a living shoreline to help protect the site from climate change-related flooding events. Providing immediate access to India Street Pier, The Riverie residents will enjoy a five-minute commute to Midtown Manhattan via the NYC Ferry. Further activating the waterfront and Greenpoint streetscape, The Riverie will feature approximately 13,000 square feet of ground-floor retail space on West Street and along the East River.
Crafted to enable residents to socialize, relax, create, work and invest in their health and wellness, amenities at The Riverie will include a coworking lounge with conference rooms and private call booths; fitness center with yoga studio, sauna and locker rooms; resident lounge; demonstration kitchen; speakeasy; music room; podcast room; children's playroom; pet-washing station; and bicycle storage. Outdoor amenities include a pool and fitness deck; barbecue stations; open-air, landscaped courtyard; and public riverfront park.
“The Riverie embraces New York’s iconic waterways with stunning waterfront views and thoughtful shoreline activations while creating a leading sustainable, all-electric development for residents,” said Monique Henley, Executive General Manager, East Coast Development, Lendlease. “As the largest residential building powered by geothermal energy in New York, The Riverie continues to advance this new standard for sustainable urban living.”
Prioritizing sustainability and wellness, The Riverie features an all-electric design and on-site geothermal system. The vertical closed-loop geoexchange system will reduce annual carbon emissions from heating and cooling by 53% compared with typical residential systems.
The Riverie is targeting LEED Gold, Fitwel, ENERGY STAR and WEDG certifications and will be net-zero operational upon completion, meeting or exceeding Local Law 154 and Local Law 97. The development is part of the Aware Super and Lendlease joint venture Americas multifamily portfolio, which achieved net-zero carbon in 2021 and has been recognized by GRESB as Regional Sector Leader for superior ESG performance three years in a row.
At The Riverie, Douglas Elliman Development Marketing is the exclusive marketing and leasing agent for the market-rate rental residences, and Capricorn Retail Advisors is the exclusive marketing and leasing agent for the ground-floor and waterfront retail, led by Joel Dabu and Ryan Schimel.
About The Riverie: Developed by Lendlease, The Riverie is a sustainable, urban-regeneration development along the Greenpoint waterfront in Brooklyn, New York. With leasing starting in 2025, the project includes 834 rental homes, 30% of which are designated as affordable housing under the Affordable New York Housing Program. The all-electric property will utilize a vertical closed-loop geothermal system, making it the largest residential geothermal development in New York State. Designed by Marvel, The Riverie comprises five interconnected buildings, including a 37-story and a 20-story tower. The property will feature nearly 13,000 square feet of retail space, as well as an 18,000-square-foot public waterfront esplanade connecting to the India Street Pier, which is served by the NYC Ferry. Targeting LEED Gold, Fitwel, ENERGY STAR and WEDG certifications, The Riverie aligns with Mission Zero, Lendlease’s industry-leading initiative to reach absolute zero carbon by 2040.
About Lendlease: Lendlease is an integrated real estate group with international investment capabilities. Headquartered in Sydney, Australia, and listed on the Australian Securities Exchange, Lendlease's core capabilities are reflected in its operating segments of Investments, Development and Construction. The combination of these three segments provides the Company with a sustainable competitive advantage in delivering innovative integrated solutions for its customers. For more information, please visit lendlease.com