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10/4/2022: Episode 59 - Drivers for New Development in Gowanus featuring Sean R. Kelly
Manage episode 344079097 series 3261626
Treść dostarczona przez Ariel Property Advisors. Cała zawartość podcastów, w tym odcinki, grafika i opisy podcastów, jest przesyłana i udostępniana bezpośrednio przez Ariel Property Advisors lub jego partnera na platformie podcastów. Jeśli uważasz, że ktoś wykorzystuje Twoje dzieło chronione prawem autorskim bez Twojej zgody, możesz postępować zgodnie z procedurą opisaną tutaj https://pl.player.fm/legal.
Shimon Shkury, Founder and President of Ariel Property Advisors, discusses the Brooklyn market and Gowanus rezoning with his Partner Sean Kelly, who has specialized in the Brooklyn market for more than 13 years. Kelly is particularly active in Gowanus, where this year he has arranged the acquisition of two development sites — one, a $21.6 million joint venture for a property with a 102,035-square-foot zoning floor area at 125 Third Street, and the second, a property with a 142,500-square-foot zoning floor area at 450 Union Street, which traded for $40.65 million or $285 per BSF, a record for a site in Gowanus with a Mandatory Inclusionary Housing requirement. He also has another development site and a commercial office building under contract in Gowanus. For more information about the Brooklyn market, please read our Brooklyn 2022 Mid-Year Commercial Real Estate Trends report available here.
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