NYC's Largest Residential Development Deal in 2021 300 Nevins Street Gowanus

Renowned in the market for having sold some of the neighborhood’s largest sites, TerraCRG was retained by an institutional grade owner/developer to exclusively market 300 Nevins Street, which ended up being the largest residential development deal New York City had witnessed in 2021. Strategically located in the heart of Gowanus, the site was positioned to deliver a significant amount of housing, including much needed affordable units, to the newly rezoned neighborhood. Under the new rezoning, the development had a total of 505,000 buildable square feet – all within an Opportunity Zone. Partners Ofer Cohen, Dan Marks, and Daniel Lebor exclusively represented the seller through a formal marketing and competitive bidding process.