Developer Domain Companies said zoning reform made possible a recently finished 360-unit building in Gowanus and a 499-unit building in Long Island City, where 30% of the units are affordable and there is a pool and a dog park on the roof. “The rezonings are necessary because the demand is there, and the city is meeting the need by effectuating these rezonings,” said co-chief executive Matt Schwartz.

The Shop Workspace opened the doors to its new South Market location June 3, marking the coworking brand’s second footprint in New Orleans and its return to the city following national expansion into Brooklyn and Salt Lake City.

The Shop SOMA, located on the ground floor of The Standard condominium building at 798 S. Rampart Street, offers 5,400 square feet of coworking space, 11 private offices, 12 dedicated desks, 30 commons memberships and two conference rooms, plus event space, phone booths and an array of amenities.

Commercial Observer sat down with Aaron Amitin, chief operating officer at both Domain and Good Company, last week to discuss Good Company’s current work and how Domain is finding ways to build new housing around the city’s 485-x tax incentive.

Construction has topped out on Majestic, a ten-story mixed-use residential building at 540 Degraw Street in Gowanus, Brooklyn. Developed by The Domain Companies and designed by Handel Architects, the project will yield 255 rental apartments, approximately 14,000 square feet of retail and office space, and 45 enclosed parking spaces.

— A COMMUNITY BLOCK PARTY and gelato social will celebrate the reopening of the historic Carroll Street Bridge on Saturday from 4-6:30 p.m. at the entrance to the bridge, 420 Carroll Street in Gowanus. The block party, organized by neighborhood coworking platform The Shop, will include costume-making workshops with Arts Gowanus, canoeing opportunities with the Gowanus Dredgers, and a floating art installation by Moontaka. The gelato social - which will hand out 500 cones - is hosted by Igloo, in partnership with noted Brooklyn gelateria Albero Dei Gelati. Events are free.

Domain Companies Director of Marketing, Jason Hill will be speaking as a panelist at the upcoming Commercial Observer Residential Forum titled "Designing for Lifestyle: The Innovative Amenities Driving Differentiation".

Igloo’s Adam Joly negotiated on behalf of the tenant. “Residential density in Gowanus is arriving at scale, and thoughtful retail activations are being planned across the neighborhood to support that growth,” Joly said in a statement. “Concepts like SakeBrooklyn don’t just fill space — they create destinations.”

Matt Schwartz and Chris Papamichael were recognized as part of 2026's Power 100 in U.S. commercial real estate by the Commercial Observer.

The RED Awards is proud to recognize Aaron Amitin for his exceptional leadership and execution across multifamily development—setting a standard of operational excellence that continues to shape and elevate the industry.

Hotel management company Stonebridge is set to oversee operations at a Kimpton hotel currently being constructed in central Salt Lake City, Utah, US. Developed by The Domain Companies, the hotel is scheduled to welcome guests in early 2028.