Regency Carts building in Gowanus may go condo

The Regency Carts building in Brooklyn’s Gowanus neighborhood may be converted into a condominium complex, and may have sold to Sterling Equities, Brownstoner reported.

The 22,180-square-foot, two-story building at 337 Carroll Street lies on a 29,580-square-foot lot. Although there are no sales filed in city records or any conversion permits filed with the Department of Buildings, a tipster told Brownstoner that Sterling had bought the property and that plans were in place for a five-story condo project. 

Sterling, in partnership with the Related Companies, is in the process of developing a hotel and retail development at Willets Point, just east of Citi Field on 126th Street in Queens.

Gowanus, once a gritty industrial neighborhood, is experiencing a gentrification of the sort seen in Williamsburg a decade earlier, as The Real Deal previously reported . [Brownstoner] –Hiten Samtani