A new development is rising in a gorgeous spot near Brooklyn Bridge Park’s Pier 6. The waterfront property is being developed by RAL Companies & Oliver’s Realty Group, who paired with ODA Architect to establish this 39-story luxury residential building, Quay Tower.

March was a big month for new developments, and with New York City’s population reaching an all time high, these new building are going to come at the right time. New Yorkers have been talking about these especially notable developments: 100 Varick Street, 10 Jay Street, and The Dumbo Waterfront.

With the latest construction boom in Brooklyn, it seems as if there’s a new building rising on a daily basis, but it’s not every day that a condominium comes to the world-class Brooklyn Bridge Park. The luxury condos at 1 John Street are one step closer to becoming a reality, according to a new building permit filed by Alloy Development.