Several Development Projects Lined-Up in Recently Rezoned Gowanus Neighborhood

Property Markets Group has sold the site of a warehouse at 300 Nevins Street, in Brooklyn’s Gowanus neighborhood, taking advantage of heightened interest by developers since the recently approved rezoning of the area. Tavros Capital and Cherney Cos. has purchased the property located along the Gowanus Canal for $102 million, having last traded for $14 million in 2012. New ownership plans to construct a roughly 660-unit, 2-tower residential development at the location, adding to two previously planned projects in Gowanus. Many were already betting on the rezoning moving forward as news of new projects in the area saw an uptick while the rezoning process was still underway.