The corner of Commercial Street and Dupont Street offers a view of the past, present, and future of Greenpoint. The Newtown Barge playground occupies the former site of the Newtown Creek Barge Terminal and, with the adjacent Greenpoint Playground, is one of the few open recreation spaces in the neighborhood.
The prominent sludge tank, which stored treated sewage from the nearby wastewater treatment plant, is slated for demolition in early 2014. Under the terms of the 2005 rezoning, the land it occupies was
to become part of a waterfront park. Two massive new housing developments consisting of a dozen 30 to 40 story buildings, known as Greenpoint Landing and 77 Commercial Street, are planned for this site.