The three-lot assemblage is located one block from the Gowanus Canal in Brooklyn. The three-lot assemblage is locatedone block from the Gowanus Canal in Brooklyn.

NEW YORK CITY—A three-lot development property assemblage in theGowanus section of Brooklyn in a qualified opportunity zone haschanged hands in a $22.5-million deal.

David Linn with the White Plains-based The Galinn Fund LLC hassold the parcels at 251 Douglass St. to New York City-based TavrosCapital Partners and the Charney Companies of Long Island City. Thedeal was announced by JLL Capital Markets.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

New York
Multifamily
Opportunity Zones
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Northeast