New Ownership Group Acquires 130 Second Street in Gowanus, Brooklyn
The Carlyle Group, in partnership with Z+G Property Group, has acquired 130 Second Street, a new 13-story residential building in Gowanus, Brooklyn. Developed by Prospect Developers and managed by Joyland Management, the property contains 132 apartments, including 33 units of affordable housing. The ownership team acquired the property for $105 million from a joint venture of Joyland, Meral Property Group, and The Loketch Group. JLL Capital Markets arranged the sale and secured $80 million in acquisition financing from Invesco Real Estate.





