Arctaris Annual Impact Report: Leveraging Public-Private Partnerships to Amplify Impact


300 Nevins is a 654-unit ground-up mixed use/mixed income development in the Gowanus neighborhood of Brooklyn, NY. Of the total residential units, 25% or 165 units will be designated as affordable, and the building will include ~40k SF of retail space.

Impact Thesis

The Gowanus Rezoning Initiative helps to increase racial and economic integration of BIPOC New Yorkers in a historically low-diversity neighborhood through higher housing density. The rezoning efforts along with the 421a, a NY property tax break, will allow 300 Nevins (which is providing 165 units of long-term high-quality 60% of AMI affordable housing to an expensive and desirable neighborhood) and similar projects to build substantial affordable units in the area. The developer has also pledged to use diverse contractors.

Status Active
Year 2022
Location Brooklyn, NY

Other Portfolio Companies

The Eddy at Grand Junction

The Eddy at Grand Junction is a multi-family/campsite project with 96 units of residential workforce...
Read More

Specialized Construction Incorporated

Specialized Construction Incorporated (SCI) is a 60-year-old asphalt paving, repair, and maintenan...
Read More

S&K Holdings

S&K is a minority-owned home healthcare company formed in 1996 that provides personal care servi...
Read More