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Two-Tower Waterfront Development in Brooklyn Lands $520 Million in Financing

Deal Shows Latest Investor Interest in Transforming Gowanus Neighborhood
A two-tower project in the Gowanus neighborhood of Brooklyn, New York, depicted in a rendering, has landed $520 million in financing. (JLL)
A two-tower project in the Gowanus neighborhood of Brooklyn, New York, depicted in a rendering, has landed $520 million in financing. (JLL)
CoStar News
June 9, 2023 | 9:12 P.M.

A luxury waterfront mixed-use development in Brooklyn, New York, has landed $520 million in financing for a two-tower, 21-story project that’s already under construction. The transaction is the latest example of investors betting on the Gowanus area that's undergoing a major transformation.

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