Exterior work is progressing on 204 4th Avenue, a 13-story residential building in Gowanus, Brooklyn. Designed by L+Z Architecture and developed by Avery Hall and Gindi Capital, the 200,000-square-foot structure will yield 193 rental units and 14,000 square feet of ground-floor retail space. Leeding Builders Group is the general contractor for the project, which is alternately addressed as 653 Union Street and is located on a half-acre rectangular plot bound by Sackett Street to the north and Raul Vasquez Jr. Place to the south.
Foundations are taking shape at 544 Carroll Street, the site of a 17-story residential building on the eastern edge of Gowanus, Brooklyn. Designed and developed by Avery Hall with L+Z Architecture as the architect of record, the 175,000-square-foot structure will yield 133 rental units with 25 percent designated as affordable housing, as well as 6,000 square feet of ground-floor retail space. Leeding Builders Group LLC is the construction manager for the property, which is alternately addressed as 272 Fourth Avenue and bound by Carroll Street to the north and 4th Avenue to the east. The project is expected to cost between $90 and $120 million.
Charney Companies and Tavros recently celebrated the topping out of 585 Union Street, a mixed-use building in Gowanus, Brooklyn. The topping out marks a significant milestone for the nine-story building towards its completion and the broader transformation of the area, which is actively underway with other projects including Charney Companies’s 251 Douglass Street nearby.
Construction has broken ground at 251 Douglass Street, the site of a 15-story residential building in Gowanus, Brooklyn. Designed by Fogarty Finger Architects and developed by Charney Companies and Tavros Capital, the 15-story building will span 250,000 square feet and yield 260 residential rental apartments. Notably, 25 percent of the inventory will be designated as affordable housing, aligning with city efforts to increase inclusive living options. The development will also include ground-floor retail spaces and parking facilities, enhancing the area’s commercial and residential appeal.
Avery Hall has closed on a $72.5 million construction loan to complete a new 17-story rental property at 544 Carroll Street in Gowanus, Brooklyn. The loan, provided by TD Bank, was arranged by JLL Capital Markets on behalf of Avery Hall and co-developers Declaration Partners and Bridge Investment Group.