Lendlease, a prominent real estate and investment management company, along with joint venture partner Aware Super, one of Australia’s largest superannuation funds, has officially unveiled the name and renderings for their new residential development, The Riverie. Situated at 1 Java Street along the Brooklyn waterfront in Greenpoint, this ambitious project will feature 834 modern rental apartments, offering residents a blend of contemporary living, wellness-oriented amenities, and a sustainable, all-electric design. Leasing is set to begin in 2025.
The Riverie is a full-block development composed of two residential towers—one soaring 37 stories high and the other 20 stories. The complex also includes a mid-rise podium, with facades along India, Java, and West streets. A key feature of the project is its commitment to affordability; thirty percent of the apartments will be designated as affordable housing under the Affordable New York Housing Program, ensuring that residents of all income levels can benefit from this vibrant waterfront community.
Meg Spriggs, Managing Director of Development for Lendlease Americas, expressed her vision for the project, stating, “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.” Spriggs emphasized that the development not only offers residents spectacular views of the East River and the New York City skyline but will also provide much-needed housing for the area. “The Riverie will enhance the daily lives of residents and create a unique experience for everyone who visits,” she added.
One of the standout features of The Riverie is its dedication to enhancing the Greenpoint waterfront. Designed by Marvel Architects, the development includes a newly constructed public waterfront esplanade that will reconnect the neighborhood to the East River. This esplanade is complemented by a living shoreline designed to protect the property from the effects of climate change and flooding. Residents will also benefit from direct access to the India Street Pier, offering a quick, five-minute commute to Midtown Manhattan via the NYC Ferry.
The Riverie will also feature approximately 13,000 square feet of retail space at ground level, activating the Greenpoint streetscape and adding to the vibrancy of the area. The retail space will be located along West Street and the East River, bringing new amenities and services to the neighborhood.
The development prioritizes resident well-being and community building with a wide array of amenities designed to foster social interaction, relaxation, creativity, and productivity. The indoor amenities will include a coworking lounge equipped with conference rooms and private call booths, a fitness center with a yoga studio, sauna, and locker rooms, a resident lounge, a demonstration kitchen, a speakeasy, music and podcast rooms, a children’s playroom, a pet-washing station, and bicycle storage. Outdoor amenities will include a pool and fitness deck, barbecue stations, an open-air landscaped courtyard, and a public riverfront park.
Monique Henley, Executive General Manager of East Coast Development at Lendlease, highlighted the sustainable features of The Riverie, stating, “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.” The development will be the largest residential building in New York powered by geothermal energy, setting a new standard for sustainable urban living.
Sustainability is a core principle of the development. The Riverie is designed to be all-electric, featuring an on-site geothermal system that will significantly reduce carbon emissions. The building’s vertical closed-loop geoexchange system will reduce annual emissions from heating and cooling by 53% compared to conventional residential systems.
In addition to its geothermal energy system, The Riverie is targeting multiple prestigious certifications, including LEED Gold, Fitwel, ENERGY STAR, and WEDG. Upon completion, it will operate as a net-zero building, adhering to New York City’s Local Law 154 and Local Law 97. This commitment to sustainability aligns with Lendlease and Aware Super’s broader goals of achieving net-zero carbon emissions across their Americas multifamily portfolio, which has already been recognized for its superior environmental, social, and governance (ESG) performance.
Marketing and leasing for the development will be handled by Douglas Elliman Development Marketing, which will manage the market-rate rental residences. The retail spaces will be marketed and leased by Capricorn Retail Advisors, led by Joel Dabu and Ryan Schimel.
With its innovative design, commitment to sustainability, and prime waterfront location, The Riverie promises to be a transformative addition to Greenpoint’s landscape, providing residents with modern, eco-friendly homes in a thriving, connected community.
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, including 30% of units 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.
