125 3rd Street Rises Above Gowanus, Brooklyn
Construction is rising on 125 3rd Street, a 14-story residential building in Gowanus, Brooklyn. Designed by Fogarty Finger and purchased by Allan Lebovits, Joel Wertzberger, and Moishe Loketch with Ariel Property Advisors representing the sellers, the structure will yield 130 units with 25 to 30 percent set aside for affordable housing, and 12,750 square feet of ground-floor retail space. The property is located on a 20,407-square-foot block-through lot with 60 feet of frontage along 2nd Street and over 157 feet of frontage along 3rd Street. An exact number of affordable units has yet to be revealed.