Joly of Igloo NYC leases 3,984 s/f to Gowanus Marketplace and Hey Clay at 420 Carroll

Brooklyn, NY Two new retail leases have been signed at 420 Carroll, the first mixed-income building developed through the 2021 Gowanus Neighborhood Rezoning. The two businesses, Gowanus Marketplace and Hey Clay, slated to open in 420 Carroll’s ground floor will offer a retail environment for residents and the Gowanus neighborhood.

Adam Joly, principal at Igloo NYC, brokered both leases on behalf of ownership, and the businesses will open in 2025.

Gowanus Marketplace, a premier grocery store owned and operated by Shogy Saleh, has signed a lease for 2,250 s/f of retail space on the ground floor of 420 Carroll.

Hey Clay, who has signed a lease for 1,750 s/f, is a pottery studio.

“At Igloo, our mission is to help facilitate the connection of business and community,” said Joly. “The combination of a fresh, accessible food grocer and a community-centric space for art is representative of this connection - businesses that promote holistic well-being for the residents and neighborhood while championing the character of the Gowanus community. Gowanus represents a unique opportunity for new retail concepts, and we believe that Hey Clay and Gowanus Marketplace will both be wonderful additions to the neighborhood.”

“I have lived in Gowanus and the neighboring areas for the last six years,” said Cauvery Patel, founder and owner, Hey Clay pottery studio. “I love living here, the unpredictability of the neighborhood is attractive to me - you never know what you might find around the corner. I also appreciate its industrial history and its transformation into a hub for artists and makers. You can almost feel the creative energy! Gowanus’ evolution lends itself to the need for community-driven, hands-on activities and it seemed like a no-brainer to choose it for a modern pottery studio like Hey Clay.”

In addition to the retail space now occupied by the marketplace, 420 Carroll recently launched its affordable housing lottery for 90 homes reserved for families between 40 and 100% of the area median income, which is 25% of the total 360 apartments in the development.

Located at 420 Carroll St. on the Gowanus waterfront, the development will include a 21-story tower and an adjacent 16-story tower connected by a subterranean tunnel so residents can access amenities in both buildings. Residents will have access to “The Shop,” Domain’s third location offering 14,000 s/f of coworking and affordable art studios, a lounge, multiple outdoor greenspaces including a public plaza, a fully-equipped fitness center, a children’s playroom, onsite bike storage, and the MyDomain suite of resident services offered at all Domain properties. Designed by FXCollaborative and with interiors by Alan Mainer Studios, construction began in May 2022, and move-ins will begin in Fall 2024. Domain Companies’ affiliate Good Company will oversee residential leasing from an onsite office, offering studio to 3-bedroom residences.

The development team is in discussions with various potential retailers to fill the buildings’ commercial and retail space with an optimal spread of offerings, creating a unique waterfront retail corridor and a public plaza for residents and the entire neighborhood to enjoy.

420 Carroll is located two blocks from the Union Street R train subway station, ensuring access to the city. It is close to Carroll Gardens, Boerum Hill, Park Slope, and Downtown Brooklyn, which is within walking distance.