The first Dutch settlers arrived at Gowanus Bay in 1636, but it wasn’t until after the construction of the Gowanus Canal that the area became a prosperous industrial center. The canal separating New York from Brooklyn was a major transportation route for factory plants. The residue discharged by tanneries, mills, and chemical plants contaminated the waters of the canal. Shortly after World War II the industry abandoned the area leaving behind a polluted body of water and decrepit buildings. Recently the area has received a lot of attention from investors and the Gowanus Real Estate venture is already showing results.
Renovated Gowanus Real Estate Market
Nowadays Gowanus is a thriving Brooklyn neighborhood with a new luxury building at each corner. Old lofts and townhouses are being renovated. Old structures are housing new business stimulating the local economy. The place is quickly transitioning into a family area. The infamous canal has been part of a decontamination initiative with extraordinary results.
The right time to invest in Gowanus Real Estate
Real Estate investors have started digging this gold mine years ago. Today, Gowanus is ready to welcome new residents with easy access to public transportation, world-class dining options, and unique art venues. If you are exploring Real Estate opportunities in the area, now is the right time to buy in. The often neglected region between Park Slope and Carroll Gardens has charming offers. Contact one of our agents to schedule a viewing of your favorite listing in Gowanus. The ongoing changes are bound to increase the value of Real Estate in the near future. Take advantage of our current listings, now is the best time to join the Gowanus neighborhood.
Whether you are buying or selling a home in Gowanus, the knowledgeable team at WEICHERT REALTORS® - The Franzese Group can help you. Please call one of our Real Estate Agents today at (718) 942-5050 or fill out our contact form on this page.