Gowanus

Updated renderings have been revealed for 175 3rd Street, a nearly $1 billion residential project in Gowanus, Brooklyn. Designed by Bjarke Ingels Group and developed by Charney Companies and Tavros Capital, the structure will stand as the largest in the neighborhood, spanning more than 1 million square feet with 1,000 rental units in studio- to three-bedroom layouts along with ground-floor retail space. Twenty-five percent of the apartments will be dedicated to affordable housing, as required by neighborhood Mandatory Inclusionary Zoning. The property is bounded by 3rd Street to the south, 3rd Avenue to the east, and the Gowanus Canal to the west.

A new waterfront esplanade recently opened at Society Brooklyn, a completed mixed-use residential complex consisting of two 21-story rental buildings at 500 Degraw Street and 504 Sackett Street in Gowanus, Brooklyn. Designed by SLCE Architects and developed by Property Markets Group, the 225-foot-tall structures span 594,000 square feet and will yield 517 residential units, as well as 57,000 square feet of commercial space, and 21,000 square feet dedicated to the “Gowanus Mix,” a space for local makers, artisans, and creatives. Twenty-five percent of the apartments are reserved for affordable housing that are being overseen by Affordable for New York under the Mandatory Inclusionary Housing Program. The property is bounded by DeGraw Street to the north, Sackett Street to the south, the Gowanus Canal to the east, and Bond Street to the west.