585 Union Street is a development site that is currently undergoing a ULURP to rezone the property to yield a mixed-use rental project allowing for a 224 unit residential with ground-floor retail development. Charney closed on the site in partnership with Tavros Capital Partners in October 2019 and swiftly established a Qualified Opportunity Zone Fund (QOZF) as the iconic site located at the epicenter of Gowanus is in a nationally designated Opportunity Zone. The Union Street R-Train stop is one block from the project, offering a short subway commute to Brooklyn's and Manhattan's most prominent business districts. The site is also a short walk from Royal Palms Shuffle Board Club, Ample Hills Creamery, Pig Beach, Dinosaur BBQ, Brooklyn Boulders and Whole Foods.

585 Union Street, Brooklyn, NY 11217