"Demolition at 264 Butler Street is in the home stretch, with crews clearing out a low-rise industrial parcel that for decades housed light-manufacturing and wholesale operations."
"Public records show the property changed hands last summer, when an affiliate of Goose Property Management bought the site for about $15.25 million."
"The Butler Street parcel sits directly next to a roughly 13,000-square-foot vacant lot at 172 Third Avenue that Goose picked up in November 2024 for about $22 million."
"The property sits inside the Special Gowanus Mixed-Use District, created under the neighborhood's 2021 rezoning that rewrote local rules to allow more residential and mixed-use projects."
Demolition at 264 Butler Street in Gowanus is almost complete, with crews clearing the site of former light-manufacturing structures. The lot, approximately 63,000 square feet, is part of a rezoned area allowing for residential and mixed-use projects. Goose Property Management purchased the site for about $15.25 million last summer. The company also acquired a nearby vacant lot at 172 Third Avenue for about $22 million, expanding its development potential in the area. The rezoning has facilitated new opportunities for construction in the neighborhood.
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