Gowanus

Developer in Contract to Acquire Commercial Site at 455-459 Smith Street, Gowanus

11:00 am on July 19, 2016 By Reid Wilson

Property Markets Group is in contract to purchase the vacant 166,000-square-foot property at 455-459 Smith Street, in Gowanus, for roughly $50 million, DNAinfo reported. The site – bound by Huntington Street to the south, Smith Street to the west, Fifth Street to the north, and the Gowanus Canal to the east – is zoned for manufacturing. It can support 332,000 square feet of commercial development as-of-right in the form of offices, hotels, retail, and manufacturing/industrial space. The eventual new owner is mulling the idea of building a mixed-use development with a hotel, offices, and retail space, although development plans are in very early stages. The site, once home the Citizens Manufactured Gas Plant, is currently undergoing a remediation headed by National Grid. The plant’s last warehouse structure was demolished years ago. The Smith-Ninth Streets stop on the F and G trains is located a block to the south.

Office Conversion Planned at Three-Story Industrial Building at 157 13th Street, Gowanus

1:00 pm on May 27, 2016 By Reid Wilson

Co-working and office space provider The Yard is converting the three-story, 24,800-square-foot former industrial building at 157 13th Street, in Gowanus, into modern office space. The company recently signed a lease for the entire property, according to Commercial Observer. After construction, the building will boast conference rooms, art installations, keycard access, a rooftop terrace, and a 1,900-square-foot café. The structure will also be restored and will see new windows, polished floors, exposed brick, and skylights. Completion is expected in November of this year. The property, located at the corner of Third Avenue, is located four blocks from the 4th Avenue-9th Street stop on the F/G/R trains.

1,600-Unit Self-Storage Facility Planned at 163 6th Street, Gowanus

10:00 am on May 13, 2016 By Reid Wilson

Storage Deluxe is planning to develop a 1,600-unit self-storage facility at 163 6th Street, in Gowanus, located five blocks from the 9th Street-Fourth Avenue stop on the F/G/R trains. CubeSmart will be operating the facility. The developer ground-leased the 38,125-square-foot property earlier this year in a $10 million deal, DNAinfo reports. Since the site is located within an M1-2 district, the site could accommodate up to 76,250 square feet of commercial or industrial space. Sixth Street Iron & Metal currently conducts their business out of a 4,000 square-foot warehouse on the site, and is planning to move across the street. Demolition permits and new buildings applications have not been filed yet.

Reveal For Three-Story Renovation of Gowanus Arts Building at 295 Douglass Street, Gowanus

11:00 am on May 6, 2016 By Reid Wilson

Property owners of the Gowanus Arts Building – a three-story, 14,750-square-foot community hub at 295 Douglass Street, in northern Gowanus – are planning to renovate and upgrade their building. The project will see the construction of a theater and gallery on the ground floor, a rooftop vegetable farm, interior renovations to art studios, and exterior upgrades, according to DNAinfo. Spoke the Hub, a nonprofit dance organization, will hold events in the new theater, which will open in early 2017. The roof farm is being dubbed Gowanus Sky Farm and will be designed by Brooklyn Grange. Civic Architecture Workshop is designing the overall project. Construction is expected to begin this summer, although some existing tenants must first move out temporarily.

City Plans to Build Underground Sewage on Alloy Development Site in Gowanus

6:30 am on April 27, 2016 By Reid Wilson

Back in December of 2015, Alloy Development proposed to build two 104,000-square-foot office buildings, along with 138,000 square feet of public park space, at 234 Butler Street and 242 Back in December of 2015, Alloy Development and the property owners of 234 Butler Street and 242 Nevins Street proposed to build two 104,000-square-foot office buildings and, along with a 50,000 square-foot public park, in northern Gowanus. The proposal aimed to convince two city agencies, the Department of Environmental Protection and the Parks Department, to build two underground sewage tanks mandated by the Environmental Protection Agency under Thomas Greene Park—instead of seizing, through eminent domain, the properties currently ground-leased by Alloy. The EPA has been pushing to install the tanks beneath the park, because it’s already owned by the city and will need to be excavated eventually to clean up contaminants.

Three-Story, 7,500-Square-Foot Office Project Coming to 188 Butler Street, Gowanus

3:00 pm on April 20, 2016 By Reid Wilson

Vasco Ventures has filed applications for a three-story, 7,552-square-foot office building at 188 Butler Street, in Gowanus, located seven blocks from the Union Street stop on the R train. The entire structure, which will include outdoor rooftop terraces, will be used for offices. There will be 4,973 square feet of space dedicated to commercial operations, and the structure will stand 58 feet above street level, which means that ceiling heights could easily top 15 feet per floor. Nataliya Donskoy’s Brooklyn-based ND Architecture & Design is the architect of record. Demolition permits were filed in January for the 25-foot-wide site’s vacant three-story townhouse.

Restoration of Coignet Building Complete at 360 Third Avenue, Gowanus

4:00 pm on March 29, 2016 By Reid Wilson

Back in November of 2015, construction was well underway to restore the two-story, 3,000-square-foot former New York and Long Island Coignet Stone Company Building, also known simply as the Coignet Building, an individual landmark located at 360 Third Avenue, in Gowanus. Since then, construction of the new façade has finished and new windows have been installed. DNAinfo reports the project was also recently awarded the Lucy G. Preservation Moses Award by the New York Landmarks Conversancy. Whole Foods Market restored the exterior of the building and has placed the property on the market for $5 million. It could eventually be used as retail or community facility space, although the interiors still have to be gut-renovated. BL Companies is the applicant of record and Jablonski Building Conservation aided in the design process.

12-Story, 430-Unit Residential Building Complete At 365 Bond Street, Gowanus

2:00 pm on March 14, 2016 By Reid Wilson

Back in January, construction was wrapping up on the 12-story, 430-unit residential building at 365 Bond Street, in Gowanus, and now Real Estate Weekly reports the building is nearly complete. Curbed NY also has new renderings of the project, dubbed 365 Bond. The rental apartments will come in a variety of configurations, including studio-, one-bedroom, and townhouse-style layouts, although details for the larger apartments haven’t been made available yet. There will be roughly 40,000 square feet of amenities in the form of a fitness center, a spinning room, a yoga room, multiple lounges, a library, a recreation room, multiple rooftop terraces, a waterfront esplanade, an interior courtyard, and residential and bike storage.There will also be 1,240 square feet of retail space on the ground floor. The Lightstone Group is the developer and Goldstein, Hill & West Architects designed the building. MARKZEFF and Weintraub Diaz Landscape Architecture also aided in the design process. Occupancy is expected in April, and construction is currently underway on another 270-unit residential building at 363 Bond Street.

Three-Story, 17,301-Square-Foot Commercial Conversion Planned At 425 Hoyt Street, Gowanus

4:00 pm on March 3, 2016 By Reid Wilson

Developer Peter Moore has recently filed applications to turn the former two-story, 15,342-square-foot industrial building at 425 Hoyt Street, in Gowanus, into a three-story, multi-use commercial building. Filings indicate the structure will be expanded by 3,956 square feet and will eventually boast 17,301 square feet of commercial space. DNAinfo reports the ground floor will most likely be leased as office space, although the Schedule A says it could also be retail space. The second and third floors would host private art galleries to showcase and/or store artwork. The developer is banking on plans to clean up and build a park along the Gowanus Canal that would hopefully make the area more attractive. Chinatown-based Jung Wor Chin is the architect of record.

Veterinary Hospital Leases Newly Renovated Two-Story Property At 194 Fourth Avenue, Gowanus

4:00 pm on March 1, 2016 By Reid Wilson

For the past few years, Brooklyn-based landlord Todd Parjonas has been converting the two-story, 12,150-square-foot manufacturing building at 196 Fourth Avenue, between Sackett and Degraw streets in Gowanus, into a commercial-retail or office property. Commercial Observer now reports the Veterinary Emergency & Referral Group, a 24-hour animal hospital, has leased the entire building for the next 15 years, taking both the ground and second floors. The tenant expects to move into the repurposed property later this year, once it builds out its office space. Michael D. Just’s Brooklyn-based Just Architecture is the architect of record.

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