Avery Hall Investments files plans for Brooklyn resi tower

Building will feature 122 units, according to filings

New York /
May.May 04, 2018 08:00 AM

One Boerum Place (inset from top: Avery Hill founders Brian Ezra and Avi Fisher)

Avery Hall Investments filed plans to build a 204,000-square-foot residential building at One Boerum Place in Downtown Brooklyn, according to data from the Department of Buildings.

The 21-story building will have 122 residential units, according to the filing, which was “pre-filed” on May 2.

Midtown South-based Avery Hall and partners Allergra Holdings and Aria Development Group paid Brooklyn Law School $76.5 million in 2016 to acquire the site, located 7 Boerum Place. The developers also purchased approximately 50,000 square feet of air rights for $16 million, in order to build a larger structure.

The partners recently completed  a 30-unit condominium at 465 Pacific Street in Boerum Hill and are underway with a 17-unit condo project at 145 President Street in Carroll Gardens.

Correction: A previous version of this article incorrectly identified the Carroll Gardens address and the project’s status. 


Related Articles

arrow_forward_ios
The Real Deal Weekend Edition Promo
Play some real estate ‘Jeopardy!’ with TRD’s weekend edition
Play some real estate ‘Jeopardy!’ with TRD’s weekend edition
KKR plans $3B triple-net-lease portfolio
KKR plans $3B triple-net-lease portfolio
KKR plans $3B triple-net-lease portfolio
WeWork awarded $10M federal contract to provide office space to gov’t workers
WeWork awarded $10M federal contract to provide office space to gov’t workers
WeWork awarded $10M federal contract to provide office space to gov’t workers
American Dream Mall (Getty)
NJ Transit eyes new service to American Dream mall
NJ Transit eyes new service to American Dream mall
A rendering of River Ring and Two Trees' Development Principal Jed Walentas (River Ring, Marc Skrivo)
Two Trees’ massive project eyes “mad dash” to approval
Two Trees’ massive project eyes “mad dash” to approval
The Boulevard in Yaphank (The Boulevard NY, iStock)
Walmart supercenter coming soon to Yaphank
Walmart supercenter coming soon to Yaphank
Justice Brett Kavanaugh (Getty, iStock)
The rent is finally due: Supreme Court ends moratorium
The rent is finally due: Supreme Court ends moratorium
247 West 37th Street and Prabal Gurung (Google Maps, Getty)
Prabal Gurung dressed Michelle Obama, but didn’t pay his rent: lawsuit
Prabal Gurung dressed Michelle Obama, but didn’t pay his rent: lawsuit
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...