Tavros Capital

June 13, 2025

55-story Long Island City condo with over 600 units moves ahead

A massive 55-story condo tower with over 600 homes in Long Island City is moving forward after developers secured $525 million in construction financing. Charney Companies and Tavros, in partnership with Incoco Capital, announced this week funding for a 636-unit development at 24-19 Jackson Avenue and 45-03 23rd Street in the Court Square section of the neighborhood. The developers received $425 million from Madison Realty Capital and an additional $100 million from Kushner Companies and OneIM.
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New Developments

May 7, 2025

Largest building in Gowanus moves ahead after $174.5M in financing

By Aaron Ginsburg

Plans for the largest building in Gowanus are moving forward after developers secured $174.5 million in financing. Last week, Charney Companies and Tavros obtained funding for 175 Third Street, a roughly one-million-square-foot project that will add 1,000 new apartments to the neighborhood as part of their larger Gowanus Wharf development. Once complete, the building will make Charney and Tavros the largest property owners in the area, with over two million square feet and 2,200 residences across Gowanus.
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Real Estate Trends

58 apartments available at Gowanus rental, from $848/month

Renderings courtesy of NYC Department of Housing Preservation and Development

November 6, 2024

58 apartments available at Gowanus rental, from $848/month

By Aaron Ginsburg

A housing lottery launched this week for 58 mixed-income apartments at a brand-new rental near the Gowanus Canal. Located at 240 3rd Avenue, Union Channel offers tenants light-filled apartments complemented by an impressive suite of amenities. New Yorkers earning 40, 60, 100, and 130 percent of the area median income can apply for the apartments, with studios priced from $848/month, one bedrooms from $903, two bedrooms from $1,071, and three bedrooms from $1,225.
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Affordable Housing

February 22, 2016

Pricing and Renderings Released for the Jackson, Industrial-Inspired Condo in Long Island City

By Ondel Hylton

Situated squarely between Long Island City's waterfront towers and its burgeoning Court Square and Queens Plaza business districts, an upcoming industrially-inspired condominium named the Jackson is beginning construction work. On Friday, the New York Times unveiled pricing information for the 70,000-square-foot project, and a polished set of renderings has been published on the developer's website. The 11-story, 54-unit project is being shepherded by a joint-venture among Charney Construction & Development, Ascent Development, and Tavros Capital. The development site, located around the corner from MoMA PS1, was formerly occupied by a parking lot and a nondescript two-story building. Fogarty Finger, the building's architects, have designed several other low- to mid-scale residential projects in LIC that complement the fleetingly-gritty neighborhood's aesthetic. Here they accomplish that by using raw material such as steel, concrete, and wood, as well as oversized windows that feel like an old industrial loft building.
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Tavros Capital

55-story Long Island City condo with over 600 units moves ahead

Largest building in Gowanus moves ahead after $174.5M in financing

58 apartments available at Gowanus rental, from $848/month

Pricing and Renderings Released for the Jackson, Industrial-Inspired Condo in Long Island City

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