421-a-eligible Gowanus Residential Development
Sector: Car parking • Location: Brooklyn, New York, United States
Source: Crain's New York Business
A development site at 563 Sackett St. in Gowanus, Brooklyn, eligible for the 421-a tax break, has been sold for $58.5 million. The site is approved for a 12-story mixed-use building with approximately 300 residential units, retail space, and amenities such as bicycle parking, a gym, and a yoga room. The new owner appears to be moving forward with the original plans submitted in 2022.
- Status
- Prospective
- Sector
- Car parking, Residential, Commercial, Automotive
- Location
- Brooklyn, New York, United States of America
- Updated
- 22 Jul 2026
- Source
- Crain's New York Business
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | A development site at 563 Sackett St. in Gowanus, Brooklyn, eligible for the 421-a tax break, has been sold for $58.5 million. The site is approved for a 12-story mixed-use building with approximately 300 residential units, retail space, and amenities such as bicycle parking, a gym, and a yoga room. The new owner appears to be moving forward with the original plans submitted in 2022. |
Original sector | Built Sector |
Budget |
Location
Country | United States of America (USA) |
State | New York |
City | Brooklyn |
Source
Source | Crain's New York Business |
URL |
More Details
Record type | Project |
Sector | Car parking, Residential, Commercial, Automotive |
Article published date | 2025-11-09 |
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