The Real Deal New York

Avery Hall Investments files plans for Brooklyn resi tower

Building will feature 122 units, according to filings
By Adam Pincus | May 04, 2018 08:00AM

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.