Announced

Tavros Capital and Charney Companies completed the acquisition of the Gowanus development site from RFR for $160m.

Synopsis

Tavros Capital and Charney Companies, two real estate firms, completed the acquisition of the Gowanus development site from RFR, a real estate investment firm, for $160m. "We've always made our mark by staying ahead of the curve. With Gowanus, we recognized the potential early. We secured critical tax incentives, pushed forward a best-in-class design, and positioned the project to meet the area's surging demand for housing. The result was a standout development opportunity — the kind of value creation we're known for," Aby Rosen, RFR Co-Founder.

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