March 7, 2019

What All Year’s Flip Says About Gowanus—and Yoel Goldman

The deal is significant because it’s the first trade in Gowanus since the city released the draft proposal for the area’s rezoning in late January, thus setting the bar for pricing in the neighborhood. “People will use it to anchor some of the underwriting assumptions they’re going to use,” Dan Marks, an investment sales broker at TerraCRG, said.

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