2008_11_wtrfr.jpgIn 2005, the city approved new upzoning laws for the Greenpoint waterfront, allowing up to 30 stories (pictured: the city's rendering of what the waterfront could look like). Now the Brooklyn Paper reports that developer Dean Palin (the man behind this monstrosity) wants to build a 40-story, 422-unit rental tower as part of a 620-unit development at his 155 West Street property. Brownstoner points out that he "paid a whopping $84,750,000 for the site a couple years back and has just recently filed for demolition permits." He'll have to fight to get those extra 10 stories, which he claims to need because "he cannot build within 50 feet of a sewage pipe that runs through the lot, and he cannot touch a 25-foot section of wetlands at the corner of the property." However, Assemblyman Joe Lentol of Williamsburg says the developers knew what they were getting into upon purchasing the property; Lentol strongly opposed 40-story towers at the Domino Sugar development earlier this year.