In an exclusive reveal, preliminary renderings offer a first look at 164 4th Avenue, a 17-story mixed-use building in Gowanus, Brooklyn. JLL represented the long-term owners of the site, White Plains-based Heron Real Estate, and arranged the partnership with a prolific New York City-based developer.
JLL Capital Markets has arranged a $142 million construction loan to finance the completion of Majestic, a 12-story mixed-use building at 540 DeGraw Street in Gowanus, Brooklyn. Designed by Handel Architects and developed by Domain Companies, the Urban Investment Group within Goldman Sachs Asset Management, Vorea Group and Mega Development, the building will yield 18,000 square feet of commercial space and 255 rental units. A total 25 percent of the units will be designated for affordable housing. Future Green Studio is the landscape designer for the property, which is located between Nevins Street and 3rd Avenue.
Permits have been filed for a four-story residential building at 183A 13th Street in Gowanus, Brooklyn. Located between Third and Fourth Avenues, the interior lot is a short walk from the 4th Avenue-9th Street subway station, serviced by the F, G, and R trains. Sam Brach is listed as the owner behind the applications.
Domain Companies has closed on a $176 million construction loan to complete a 360-unit two-tower development at 420 Carroll Street in Gowanus, Brooklyn. Designed by FXCollaborative, the waterfront property will comprise a 20-story tower, a 15-story tower, and a publicly accessible connection to the Gowanus Canal promenade.
Construction is progressing on 601 Baltic Street, a topped-out ten-story residential building in Gowanus, Brooklyn. Designed by Orlando Diaz of Form4 Design Studio and developed by Yiannes Einhorn of Einhorn Development Group, the 30,018-square-foot structure will yield 25 condominium units spread across 22,659 square feet as well as 1,654 square feet of ground-floor retail space. Built By Grid is the general contractor and King Contracting Group in charge of the brick and CMU work for the property, which is located at the corner of Baltic Street and Fourth Avenue.