Charney and Tavros Land $125M Refinance for Landmark Gowanus Development
Charney Companies and Tavros Capital land a $125M loan for Union Channel, the first completed building in their massive 2,000-unit Gowanus Wharf development.
By: AXL Media
Published: Mar 10, 2026, 7:04 AM EDT
Source: The Real Deal
The Financing Details
The debt, provided by Freddie Mac, is a seven-year, fixed-rate loan for Union Channel, located at 240 Third Avenue. The building is the cornerstone of a multi-phase development vision that followed the neighborhood's high-profile 2022 rezoning.
Partners: The development team includes Charney, Tavros, and Canyon Partners Real Estate.
Brokerage: A JLL team consisting of Christopher Peck and Nicco Lupo arranged the financing.
Property Stats: Union Channel contains 224 residential units and opened to residents in 2025.
The Gowanus Wharf Roadmap
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