The Real Deal New York

Red Hook / Gowanus neighborhood news

  • From left, HUD Secretary Sean Donovan, damage done to the Jersey Shore by Hurricane Sandy

    From left, HUD Secretary Shaun Donovan, damage done to the Jersey Shore by Hurricane Sandy

    In its competition to help rebuild areas hit hardest by Superstorm Sandy and to protect them from future storms, the U.S. Department of Housing and Urban Development has narrowed the finalists down to 10 architectural teams, Crain’s reported. [more]

  • Buying a memorable staycation

    July 28, 2013 12:00PM
    South Down Lakes Region, N.H.

    South Down Lakes Region, N.H.

    From Luxury Listings NYC: If you ask Dan Dicarlo where to find value, the 42-year-old retired Wall Street trader will tell you the Sandy-ravaged Jersey Shore. That’s where he found his second home. [more]

  • Christy Romero

    Christy Romero

    A report released by the Treasury Department’s Troubled Asset Relief Program reveals that its mortgage modification program appears to have been helping servicers more than homeowners, the New York Times reported.

    The report, by Christy Romero, the special inspector for TARP, reveals that although more than a third of homeowners who received loan modifications under TARP’s mortgage modification program have since stopped paying, banks and other mortgage servicers kept the money they received for modifying those loans. [more]

  • Guy Geier

    Guy Geier

    The largest construction and architecture firms are seeing healthy growth in their employment figures, suggesting a rebound in building activity, Crain’s reported.

    Full-time employment at the top construction companies was up 1.6 percent in 2012, while the number of architects at the largest firms was up 8 percent from a year earlier. Though the job gains at many architecture firms were less than those seen in the first years of the millennium, there are those who insist that ultimately, that is a good thing. [more]

  • Rajesh Bhagia and

    Rajesh Bhagia and 529 President Street (credit: PropertyShark)

    A boutique hotel is coming to Gowanus, with construction slated to start this September, DNAinfo reported. Developer Rajesh Bhagia, who developed the hip-hop-themed Hotel BPM in Sunset Park, is behind the project. [more]

  • 202 8th Street roof deck

    202 8th Street roof deck

    Amenity spaces at 202 8th Street — the Gowanus rental project, developed by JDS Development and Property Markets Group, that recently began leasing — have been completed, and The Real Deal has a first look at them. [more]

  • Gowanus Canal

    The U.S. Environmental Protection Agency recently finalized its Gowanus Canal cleanup proposal and, as Gothamist noted, the plan includes a controversial measure that is pitting Red Hook against its neighbors. The EPA has signed off on a plan envisioned by developer John Quadrozzi to convert canal sludge into concrete blocks that would be assembled off the coast of Red Hook, near a number of housing projects. [more]

  • David Lichtenstein and a project rendering

    The City Planning Commission yesterday approved Lightstone Group’s plan to build a 700-unit rental development at 363-365 Bond Street on the Gowanus Canal, the developer said. The agency granted Lightstone permission to build on an as-of-right basis, finding the project complied with a 2009 rezoning of the area. Lightstone had previously proposed a modification to the plan, prompting several groups to question whether a more stringent review process was necessary. [more]

  • The Gowanus Canal

    Even after the cleanup of the Gowanus Canal, the waters still won’t be safe enough for swimming or fishing. Last night, the public got a glimpse of the U.S. Environmental Protection Agency’s proposed cleaning plan for the polluted canal, which is slated to cost approximately $500 million and will be finished around 2022, DNAinfo reported. [more]

  • Gowanus Canal

    Cleaning the polluted Gowanus Canal is estimated to cost between $467 million to $504 million, the New York Times reported. The proposed clean-up plan involves splitting the canal into three sections: In two heavily polluted sections, crews will dredge the canal floor, mixing it with concrete and then topping it with gravel, sand and clay layers. The third portion would be similarly dug and then topped with a layer of sand. [more]

  • Badly damaged Red Hook rec center reopens

    December 24, 2012 01:00PM

    Red Hook Recreation Center

    The Red Hook Recreation Center in Brooklyn’s storm-battered Red Hook neighborhood, has reopened nearly two months after Hurricane Sandy made landfall, NY1 reported. The surge filled the property’s basement with water, ushering in two months of repairs to get the building, located at 155 Bay Street, back on its feet. [more]

  • 202 Coffey Street (credit: PropertyShark)

    Milan developer Estate4 has purchased a 130,000-square-foot factory space in Red Hook for $11.8 million, the Commercial Observer reported. Led by developer and urban planner Alessandro Cajrati Crivelli, the company will work with architecture firm Adjmi & Andreoli to transform the space into a photography school and series of artist studios.

    “We fell in love with the structure inside, which is reminiscent of the Palazzo Grassi in Venice,” Aldo Andreoli of Adjmi & Andreoli told the Observer, referring to the building, located at 202 Coffey Street on the corner of Ferris Street. “As architects we are excited to touch such a beautiful building.” [more]

  • The potential Gowanus school site (credit: Brownstoner)

    To ease overcrowding in Park Slope’s public elementary schools, the city is currently scoping out a space for a new Brooklyn public school. But the vacant lot being considered may be a historic graveyard, Brownstoner reported.

    Located between 8th and 9th streets, off Third Avenue, in Gowanus, the site is thought by some to be the burial site for First Maryland Regiment soldiers who died in the Battle of Brooklyn during the Revolutionary War. [more]

  • Gowanus Whole Foods to open next fall

    October 23, 2012 03:30PM

    Brooklyn Whole Foods rendering (credit: Brownstoner)

    The Gowanus Whole Foods will open in the fall of 2013, according to a memo the grocery store chain sent to Community Board 6, Brownstoner and others reported. Other details include that ground work on the foundation is set to begin this season and that the steel frame of the 52,000-square-foot store will rise early next year.

    But this isn’t the only change that’s slated to come to the site, which is located at 3rd Street and Third Avenue. [more]

  • Women are raising Gowanus’ retail profile

    September 24, 2012 02:30PM

    Michelle Inciarrano and Katy Maslow, owners of Twig Terraniums (credit: WNYC)

    Gowanus’ retail profile has been on the rise since a Canal clean-up project and a forthcoming Whole Foods were announced. Many of the new retailers are women, according to DNAinfo, which counts at least 25 new women-owned businesses in the last four years, including the movie prop recycling store Film Biz Recycling, the Twig Terraniums, the eco-friendly cleaners The Green Neat Team, and the headquarters of the dried fruit-snack Peeled Snacks.

    As landlords convert former factories into lofts, many of these women are being attracted by low rents and a convenient location nestled in between Park Slope and Carroll Gardens, sources say. [more]

  • 280 Richards Street

    Brooklyn Nets officials are giving Red Hook a once over, as they scout locations for a new practice facility, Crain’s reported. For over a year the team has been hunting for a Brooklyn site, but at least through the next season, practice will continue at the Nets Center in East Rutherford, N.J, which they lease through that time frame.

    The Nets have said they hope to have a practice facility in the borough for the start of the 2013-2014 season. Their complex in New Jersey has two basketball courts, a treatment center, a workout facility, a locker room, a video theater and 32,000 square feet of offices. [more]

  • From left: Lightstone Group Chairman and CEO David Lichtenstein and a rendering of the project (credit: Curbed)

    If the Lightstone Group erects its 700-unit rental building at 363-365 Bond Street on the Gowanus Canal, Gowanus Grove, site of the Mister Sunday DJ music parties, will have to relocate, DNAinfo reported.

    Gowanus Grove occupies part of the block at 400 Carroll Street and the developer told DNAinfo that the rental, which would include both market-rate and affordable housing, requires the entire block and that Gowanus Grove would need to move. [more]

  • From left: Lightstone CEO David Lichtenstein and a rendering of Toll Brothers’ plans for the site

    Lightstone Group’s ambitious plans to build 700 residential units near the Gowanus Canal, on a site Toll Brothers was reprimanded for trying to develop two years ago by the Environmental Protection Agency’s Superfund program, has met some resistance (note: correction appended). The New York Post reported that Brooklyn residents met with the developer to voice their concerns. [more]

  • Sitt joins pack seeking NYC outlets

    August 23, 2012 03:00PM

    Joe Sitt and the Revere Sugar Refinery in Red Hook

    Suddenly, outlet malls are all the rage in the outer boroughs. Thor Equities President Joe Sitt is considering bringing one to the former Revere Sugar Refinery on the Red Hook waterfront between the Ikea and Fairway stores, according to Crain’s. It follows reports yesterday that BFC Partners made a similar pitch for the parking lots near Richmond County Bank Ballpark in Staten Island and reports last month that the Lightstone Group was planning to bring outlets to the Whitestone Cinema site in Castle Hill. [more]

  • 160 Imlay Street

    It appears that the enormous Red Hook, Brooklyn warehouse at 160 Imlay Street will be converted to luxury apartments.

    The building, which was slated to be developed during the boom years, before litigation by local residents held it up, has received a variance to become a mixed-use building, Brownstoner reported. [more]