Friday, November 10, 2006

Gowanus Building on the Market: Excellent Casket Vu

Union Street For Sale

In walking down Union Street through Gowanus the other night, we noticed that the big, low-slung brick building at 514-530 Union Street, AKA 473 President Street is up for sale. It's a 36,000 square foot building that spans the entire block, although it doesn't have any frontage on the Big G itself. It is just down the street from the South Brooklyn Casket Company's showroom and across the street from casket factory, which itself is said to be on the market. The building last changed hands in 2000 and is owned by 273 President Company LLC. Records show a $1.37 million mortgage on the property. More evidence that Union Street, and all of Gowanus, is going to look very different in about five years or so.

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