Already showing signs of acceleration, Gowanus could potentially be transformed into an area similar to Williamsburg when boutique hotel Gowanus Inn and Yard and Whole Foods open in the next few years. The Real Deal has the scoop: It interviewed six residential and commercial brokers about the future of Gowanus. “The area is clearly on the fast track to gentrification, with trendy stores and restaurants like Littleneck clam shack, Fletcher’s Brooklyn Barbecue and the bakery Four & Twenty Blackbirds attracting attention, as well as new retailers like Whole Foods, Dinosaur Barb-B-Que and, yes, the hipster-sounding 40,000-square-foot Royal Palms Shuffleboard Club gearing up to open,” said The Real Deal. Despite destruction by Hurricane Sandy, prices have already spiked in the area in the past year: “Townhouses are now hitting the market for at least $1 million, whereas last year they had asking prices in the $800,000 range.” If a proposed rezoning to allow more residential development goes through, “prices will skyrocket,” according to Brenton Realty President Ruthanne Pigott. How do you predict the neighborhood will change? Will the infamous polluted canal put any damper on development?
Gowanus Gets Ready [TRD]
Something Big in the Works for 208-210 Flatbush Avenue [Here's Park Slope] Permits Filed: 8 Vanderbilt Avenue [YIMBY] New Website Will Hook You up With Jobs in the Brooklyn Tech Triangle [Brokelyn] Crown Heights Councilwoman Criticized for Brewing “Anti-Semitic Stew” [Gothamist] New Apartment Building Planned for Beverley Road [Ditmas Park Corner] Ted x Gowanus! [GYFO] How Do You Feel About the Planned Tower at 626 […]
The City Planning Commission voted unanimously in support of outgoing Borough President Marty Markowitz’s plan to revamp the former Childs Restaurant in Coney Island and turn it into an amphitheater and upscale eatery, Brooklyn Paper reported. However, local residents are less than thrilled about the plan, which will require $53,000,000 in city funds to transform […]
Willets Point Developers Ask City for $43 Million in Tax Breaks Single Family Home in Jackson Heights Sells Just Under $1 Million A Few More Details on the Large Avery Avenue Sale in Flushing Sims Metal at Newtown Creek Listing of the Day: 25-19 35th Street, #3D Food Bazaar Opening on Northern Boulevard Next Week… […]
Brooklyn, one building at a time. Name: Originally Public National Bank of New York, now Bank of America Address: 47-49 Graham Avenue Cross Streets: Corner Varet Street Neighborhood: East Williamsburg Year Built: 1921-1923 Architectural Style: Neo-Classical Architect: Eugene Schoen Other works by architect: other branches of Public Nat’l Bank; several synagogues, and factories. Best known […]
Drug treatment and psychotherapy center New Directions lost its lease and plans to relocate to 500 Atlantic Avenue in March. The substance abuse treatment program has been headquartered at 202-206 Flatbush Ave between Bergen and Dean since 1983. More than a dozen neighbors came out at last night’s community board meeting to voice their opposition to the move. Community Board […]