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Gowanus Boutique Hotel Goes Up for Sale Before Opening

By Leslie Albrecht | February 2, 2017 2:12pm
 A rendering of the Gowanus Inn & Yard, a hotel in the works on Union Street off Fourth Avenue. It's nearly finished and is now up for sale.
A rendering of the Gowanus Inn & Yard, a hotel in the works on Union Street off Fourth Avenue. It's nearly finished and is now up for sale.
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Gowanus Inn & Yard

GOWANUS — A boutique hotel poised to bring a taste of Manhattan-style nightlife to Gowanus has gone up for sale before even opening its doors.

The Gowanus Inn & Yard, at 645 Union St. between Third and Fourth avenues, was recently listed for sale by real estate firm Cushman & Wakefield, which described the 76-room hotel as "an attractive opportunity to immediately capitalize on the thriving Gowanus submarket."

The five-story hotel will feature a rooftop bar, a full-service restaurant and a courtyard where guests and the public can eat and drink outside, the owners told community members in a 2016 letter.

No asking price is listed for the hotel, which was originally slated to open this past fall and is taking reservations starting on July 1, 2017, its website says. The hotel's developers and the broker handling the sale did not immediately respond to requests for comment.

The LLC linked to the hotel bought the property, which was previously a vacant lot used for parking, in 2012 for $2,533,400, city records show. The developers filed plans to start the project in 2013 and construction appears to be nearly complete.

The partners behind the property are Alec Shtromandel, who also developed the Union Hotel on Degraw Street between Third and Fourth avenues, and Matt Abramcyk, the one-time operator of the Beatrice Inn nightclub who has also opened several restaurants in TriBeCa, including Super Linda and Smith & Mills.

Gowanus Inn & Yard is one of several hotels that have sprouted in Gowanus in recent years.

Mayor Bill de Blasio announced a plan in November 2015 to limit hotel development in industrial areas to protect manufacturing jobs, but that vision has not yet moved forward.

The city will likely take up the issue of local hotel development if it moves forward with the rezoning of Gowanus.

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