Overview

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.