What's Happening?
A new 15-story rental building at Gowanus Wharf, located along the Gowanus Canal in Brooklyn, has opened a housing lottery for 65 mixed-income apartments. The development, known as Douglass Port, is part of a larger project by Charney Companies and Tavros
Capital, which aims to bring 1,000 new residences to the area. The apartments are available to New Yorkers earning 40, 60, and 100 percent of the area median income, with rents ranging from $903 per month for studios to $3,048 per month for two-bedroom units. The building features modern amenities, including a fitness center, co-working lounge, and rooftop sundeck. The Gowanus Wharf project is part of a broader rezoning effort approved in 2021, which allows for increased residential development in the area.
Why It's Important?
The launch of the housing lottery at Gowanus Wharf is significant as it addresses the ongoing demand for affordable housing in New York City. By providing mixed-income housing options, the development aims to create a more inclusive community and alleviate some of the housing pressures in Brooklyn. The project also reflects the impact of the Gowanus rezoning, which has opened up new opportunities for residential growth in the area. This development could serve as a model for other neighborhoods undergoing similar transformations, highlighting the potential benefits of strategic urban planning and investment in affordable housing.
What's Next?
Applications for the housing lottery are open until March 23, 2026, with a preference for 25 percent of the units given to residents of Brooklyn Community Board 6. As the Gowanus Wharf project progresses, it is expected to continue attracting interest from potential residents and investors. The success of this development could influence future rezoning efforts and housing projects in other parts of the city. Additionally, the completion of the Gowanus Wharf project will likely contribute to the ongoing revitalization of the Gowanus Canal area, potentially leading to further economic and social benefits for the community.
