Friday, 20 July 2018

Will the Gowanus rezoning be what developers hoped?

Rezoning Gowanus has been on the agenda of developers and politicians alike for a decade. As a result, investors have paid what many saw as speculative prices for land up for rezoning. And one-third of the 130 properties along the coveted, albeit polluted, Gowanus Canal have traded hands over the past decade, according to a study by DNAinfo last year. Although rezoning efforts are still in a nascent stage, prices keep climbing. For example, Kushner […]



source https://therealdeal.com/issues_articles/will-the-gowanus-rezoning-be-what-developers-hoped/#new_tab

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