Development Scale

One of the premier sites in the Gowanus Rezoning District. Approximately 82,122 ZFA with flexible zoning allows for a blank canvas development opportunity.

Qualified Opportunity Zone (QOZ)

Gowanus is a unique and highly desirable QOZ. With a median household income of $176,114 and immediate connection to Downtown Brooklyn & Manhattan’s Financial District, the property contains superior fundamentals with exceptional demographics compared to other zones.

Tax Benefits

Inviting incentives including 421a (Affordable NY), ICAP, CEP, ESCP, & REAP.

Rezoning

Rezoning framework provides for an increased FAR and multiple uses. The rezoning proposes a variety of uses including residential, retail, and community facility space in order to capture the character of Gowanus and activate the neighborhood.