**Gowanus Residential Development Secures $340M Refinance**
Affinius Capital LLC has closed on a $340 million loan to refinance 313 Bond, a Class A, 603-unit multifamily project located in the Gowanus neighborhood of Brooklyn. The development, which also includes 51,600 square feet of retail space across two buildings, is being carried out by New York-based developer Sky Equity Group. The funds will be used to complete the remaining construction and stabilize the property. Financing was arranged by Henry Bodek of Galaxy Capital.
“313 Bond represents a defining development in Gowanus, setting a new standard through best-in-class design, amenities, and location,” said Perry Katz, Senior Vice President at Affinius. “We’re grateful to have closed this deal with Sky Equity Group and look forward to collaborating on many more projects ahead.”
The project is one of several new residential developments spurred by the rezoning of Gowanus under former Mayor Bill de Blasio in 2021. This rezoning initiative has led to a surge in both development activity and the sale of development sites in the area. Earlier this year, 420 Carroll, the first mixed-income residential project under the new zoning regulations, began welcoming residents.
