Gowanus

Society Brooklyn. Photo by Michael Young.

New Waterfront Esplanade Opens At Society Brooklyn in Gowanus, Brooklyn

By Michael Young

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.

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579 Sackett Street. Photo by Michael Young.

Excavation Underway At 579 Sackett Street in Gowanus, Brooklyn

By Michael Young and Matt Pruznick

Excavation is steadily unfolding at 579 Sackett Street, the site of an 11-story residential building in Gowanus, Brooklyn. Designed by Kao Hwa Lee Architects and developed by Hershy Silberstein of BlueSky Developers, the 110-foot-tall structure will span 46,943 square feet and yield 64 rental units with an average scope of 681 square feet. The project will also include 3,348 square feet of ground-floor retail space. The property is alternately addressed as 224 3rd Avenue and located at the corner of 3rd Avenue and Sackett Street.

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The current design for 175 3rd Street. Developed by Charney Companies and Tavros Capital.

Rendering Revealed for 1,000-Unit Development at 175 3rd Street in Gowanus, Brooklyn

By Michael Young and Matt Pruznick

A new exterior rendering has been revealed for 175 3rd Street, an upcoming two-tower mixed-use building in Gowanus, Brooklyn. Developed by Charney Companies and Tavros Capital, the structure will yield around 1,000 rental units in studio- to three-bedroom layouts. The project is slated to become the largest in the neighborhood, yielding around 1 million square feet, and will also include, ground-floor retail space. It’s unclear how many of the homes will be dedicated to affordable housing. The property is bounded by 3rd Street to the south, 3rd Avenue to the east, and the Gowanus Canal to the west.

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175 Third Street, via Google Maps

175 Third Street Receives $174.5 Million Capitalization Package In Gowanus, Brooklyn

By Max Gillespie

Charney Companies and Tavros Capital have secured a $174.5 million capitalization package for 175 Third Street, a two-tower mixed-use development in Gowanus, Brooklyn. The financing, arranged by JLL Capital Markets, will support the acquisition and pre-development of the project’s site, which is slated to become the neighborhood’s largest building. When complete, the property will span approximately 1 million square feet and feature around 1,000 residential units.

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200 Douglass Street Awaits Groundbreaking in Gowanus, Brooklyn

By Michael Young and Matt Pruznick

Construction has yet to commence at 200 Douglass Street, the site of a proposed 22-story residential tower in Gowanus, Brooklyn. Designed by Ismael Leyva Architects and developed by Midwood Investment & Development, the 225-foot-tall structure will span 300,000 square feet and yield 270 rental units with an average scope of 750 square feet. The development will also include 19,000 square feet of retail space and 42 enclosed parking spaces. The property is bound by Douglass Street to the north, DeGraw Street to the south, and Bond Street to the west.

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