Gowanus-Red Hook|News|
Gowanus-Red Hook Area Housing Market: Prices Continue To Rise
The Gowanus-Red Hook area has experienced explosive home price growth this past year and prices are still moving upward.

The Gowanus-Red Hook area has experienced explosive home price growth this past year and prices are still moving upward.

The Gowanus-Red Hook area has experienced explosive home price growth this past year and prices are still moving upward.

National home prices are have surged over the past year; The Gowanus-Red Hook area was no exception.
Home prices are up more than 10 percent in the Gowanus-Red Hook area since the pandemic began.
The fair market rent for a two-bedroom rental increased from the previous year.
Home prices are expected to stay elevated for the near future. They have increased in Brooklyn area.
Developers abandoned an 800,000-square-foot office complex, but will still use the space for industrial uses, according to reports.
The company might use the space to expand its "ground network" in the Northeast.
Trump's longtime lawyer helped get the deal together for his son-in-law to purchase a Gowanus lot, the Real Deal reported.
Developers filed plans to build a five-story building with 13-units on the empty lot at 491 Baltic St., city records show.
The plans, pre-filed last week, call to build the 346,508-square-foot building at 640 Columbia St., city records show.
Workers have been spotted atop the S.W. Bowne Grain Storehouse and residents worry the owner is getting ready to tear it down.
See what preservationists want protecting.
The 392 Van Brunt St. shop, which sold custom stationery and home goods, closed its doors over the weekend after slumping sales.
A developer filed plans to build a four-story building on the vacant lot at 151 Dwight St., New York YIMBY first reported.
Developers want to add four floors to the former autobody shop at 288 Fourth Ave. building for offices and a medical facility.
SL Green made a deal to sell of a Third Street lot it co-own with Kushner Cos. for $120 million, Crain's reported.
Developer Domain Companies bought the Carroll Street development site for $47.5 million, Crain's reported.
Two Trees, which has been behind several residential buildings in Brooklyn, bought the Lowe's and former Pathmark site in Gowanus.
A proposed project will bring 500-unit luxury apartment building on parking lots owned by NYCHA, the New York Daily News reported.
The city said the building was too heavily altered and too utilitarian of a building to warrant landmarking, despite a push from residents.
Owners of Royal Palms said they're staying put at least until 2020 despite the announcement of a new development at their space.
The luxury development on the Gowanus waterfront is now taking lease applications.
The massive tax break came as part of the state's Brownfields Redevelopment Tax Credit program.
The Gowanus Inn & Yard is up for sale.
Lighstone said construction on "all indoor and outdoor spaces" has now been wrapped up.
What's co-living? It's sort of like your college dorm, if that dorm was filled with luxury suites with washer-dryers.
But a spokesman for Thor Equities didn't say who the company is meeting with to discuss local concerns.
New renderings show the super-bougie future of Gowanus' former industrial art paradise.
Project Markets Group wants to turn the land into a mixed-use development with a hotel, offices and retail, The Real Deal says
Hundreds of artists have reportedly been evicted from 94 9th St. since the building was leased by a new developer.
However, Thursday's decision leaves the fate of the Eastern Effects film studio in limbo.
It's gearing up to be a long local battle between the studio hosting "The Americans" TV show and the Department of Environmental Protection.
A former industrial building in Gowanus will be converted into a co-working office space, complete with rooftop access and a cafe.
Including 600K square feet of "creative office space," 23K square feet of retail space and a public waterfront promenade.
The proposed facility at 141 Conover St. was opposed by New York City Councilman Carlos Menchaca, who represents Red Hook at City Hall.
Four additional meetings will be held in the months ahead, with more communities given the chance to weigh in on the transit proposal.
The cafe, bar and art space confirmed Monday that it had "officially closed."