Gindi Capital, Avery Hall Secure $110M Construction Financing for 204 4th Avenue in Gowanus, Brooklyn

This week Gindi Capital and Avery Hall closed on $110 million in construction financing for the development of a 13-story, 193-unit mixed-use, mixed-income building at 204 4th Avenue in Gowanus, Brooklyn. Located at the intersection of the Gowanus and Park Slope neighborhoods on a full city block between Union and Sackett Street, the ground-up construction will also have an  expansive amenity package including a rooftop lounge and pool. Affinius Capital LLC provided the construction financing for the project with financing arranged by Christopher Peck and Peter Rotchford of JLL.

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