The Gowanus Lounge reports on a new development slated for 3rd Street and Bond Street in the Gowanus section.
From what I've heard, the developers plans for the site are for low-rise townhouses that would fit contextually with the neighborhood. A business in the footprint is said to be relocating to Red Hook, which is still in the neighborhood, more or less.
So far, so good. However, it's worth noting that this developer put up J Condo in DUMBO . . . so we'll have to keep our eyes open.