One Boerum Place
Avery Hall Investments, in partnership with Allegra Holding and Aria Development Group, has acquired a highly visible development site atop Brooklyn’s Borough Hall Station at the nexus of Cadman Plaza and the Fulton Mall. The block-front property, along with 50,000 square feet of air rights acquired from adjacent sites, is presently in demolition and will be developed into a 240,000 gross square feet, 122-unit residential tower over a two-story commercial base. One Boerum Place is located within a 1 minute walk from 8 subway lines, is immediately adjacent to the Brooklyn Bridge, and will benefit from best-in-class views and amenities. The project is presently in the approvals phase and is slated to break ground in 2018.
Status: Pre Development / Demolition
Location: Borough Hall, Brooklyn
Use: Retail, Residential, Amenities, Parking
Size: 240,000 GSF / 122 Units