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New York State Unlocks Gowanus Real Estate Potential with 18 New Housing Developments on Nevins Street – Affordable Housing Solutions and Environmental Concerns

The New York state government announced on Friday, February 9 that 18 new housing developments will advance under the mixed-income housing development program in Gowanus neighborhoods in Brooklyn.

“After years of stalled construction, we are getting thousands of new homes back on track and Unlocking Gowanus Real Estate Potential“, celebrated Governor Hochul.

The program aims to focus on ensuring affordable housing with the tax law 421-a, now expired and capitalize on a 2021 local rezoning that covers 82 blocks to accommodate the growth of hundreds of homes

Gowanus is a neighborhood in the northwestern part of the borough of Brooklyn, within the area once known as South Brooklyn. It is bounded by Wyckoff Street to the north, Fourth Avenue to the east, Gowanus Expressway to the south, and Bond Street to the west.

The state president showed the first earthworks of the projects 320 y 340 Nevins Streetit is a combined development of two mixed-use towers, 505,000 square feet, situated on 2.3 acres, facing the canal in Gowanus.

The two sites on Nevins Street are expected to be completed by June 2026.

The project includes ground-floor commercial space in addition to the more than 650 residential units. The site is part of the Gowanus Public Access Area and It is close to public transportation.

Despite the lawsuits and after years of discussions about rezoning, housing developments in this coastal Brooklyn neighborhood are a fact. (Photo: Susan Watts – NY Governor Office)

154 affordable apartments

“This program is now poised to generate up to 5,300 desperately needed rental housing units that would otherwise have been lost due to the expiration of the 421-a program. This specific project will result in 654 more homes for New Yorkers, including 154 affordable apartments for low-income households,” he said. RuthAnne Visnauskas, commissioner of the New York Housing Division.

These Nevins Street towers that have already begun to rise in this town, are part of the extensive land that developers have acquired in recent years as a rezoning of the neighborhood was approaching, approved by the Municipal Council in 2021.

The rezoning, which faced lawsuits from opponents concerned about massive development along the contaminated canal, is estimated to bring thousands of new apartments to Gowanus.

The plan known as Gowanus Canal, which began to be discussed by the Administration of Mayor Michael Bloomberg, aims to change the rules of development within an area of 82 blocks along Fourth Avenue between Atlantic Avenue and 15th Street, extending west to Bond and Smith Streets.

The greatest fear of opponents of this new development, in this case, is not the future risk of uncontrolled increases in rental costs and the displacement of racial minorities. fear is for environmental reasons.

Two grassroots groups, ‘Voice of Gowanus’ and ‘Friends and Residents of Greater Gowanus’, argue that the bill does not address the consequences of climate change. The lawsuits that unsuccessfully tried to block these projects argued that the sewers and other services in that area, They are not prepared for a change in population density.

Other projects are coming

Last year, the state president announced the Creedmoor Community Master Plan to Redevelop 58 Acres of Land underutilized Creedmoor Psychiatric Center campus in Queens into a vibrant community with more than 2,800 new homes.

There are also plans to transform the former Lincoln Correctional Facility in New York City into a mixed-use development with 105 units of affordable housing, as well as requests for proposals to redevelop the former Bayview Correctional Facility and Javits Center Site K in Manhattan as possible homes.

In summary:

  • 18 new housing developments to move forward under Gowanus Neighborhood Mixed-Income Housing Development Program
  • 5,300 housing units will be built in the next decade in this coastal Brooklyn neighborhood.
  • 1,400 affordable housing solutions contemplate this megaproject that is already in its initial phase.

2024-02-13 00:56:00
#towers #housing #megaproject #Gowanus #neighborhood #Brooklyn #rising #Diario

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