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Changing from condo to rentals, luxury development still attracts attention in Downtown Brooklyn
A recent development in Downtown Brooklyn shows both the continuing attraction of the area as a place to live and the flexibility of the borough’s real estate market in responding to market conditions, especially in the wake of the COVID-19 pandemic. Faced with the slowdown of the luxury condo market, Avery Hall, a development and…
Read MoreFacing a Daunting Market, a Luxury Brooklyn Condo Pivots to Rentals
In light of changing market conditions, One Boerum Place will now become luxury rentals, with prices ranging from $8,500 a month for a roughly 1,200-square-foot three-bedroom to $12,000 a month for a roughly 3,120-square-foot four-bedroom. There are also, the developer says, “not many” one-bedroom apartments which will start in “the low $4,000s,” and a few…
Read MoreAvery Hall actively seeking grocery store for NoDa development after $3.1M acquisition
New York-based Avery Hall, working in partnership with Aria Development Group, is planning a mixed-use development at East 36th and North Tryon streets. It will include a 25,000-square-foot space for a grocery store, said Tarlton Long, principal and director of Avery Hall Southeast. The proposed store will be on the ground floor of a five-story…
Read MoreNew York developer Avery Hall plots mixed-use project at key NoDa intersection
Last month, New York-based Avery Hall closed on land near a major intersection and the Lynx 36th Street Station in Charlotte’s NoDa neighborhood. It recently put under contract additional land at the hard corner of 36th and Tryon, the Charlotte Business Journal has learned.
Read MoreSLCE Architects’ One Boerum Place Tops Out In Downtown Brooklyn
One Boerum Place has topped out in Downtown Brooklyn. The slim reinforced concrete superstructure recently reached its 21-story parapet, and work is now shifting to the installation of its brick masonry façade.
Read MoreOne Boerum Place Superstructure Quickly Rising
The angular reinforced concrete superstructure of One Boerum Place is rapidly taking shape in Downtown Brooklyn.
Read MoreDeveloper in Gowanus Makes City a Midtown-style Offer
Avery Hall is proposing public-transit improvements in exchange for the right to build a larger building on Fourth Avenue.
Read MoreAvery Hall Secures Financing for Big Brooklyn Apartment Project
The Brooklyn-focused high-end apartment builder Avery Hall is about to break ground on its biggest project to date, a 21-story, roughly $250 million condo building in Downtown Brooklyn.
Read MoreFacade Revealed for 145 President St
YIMBY has been given a first look at the brick façade for 145 President Street, in Brooklyn’s Carroll Gardens neighborhood. Last week the tarp was removed, revealing the building’s handcrafted masonry, produced by Petersen Tegl from Denmark. The style is renowned for having clean lines and neutral tones. East Village-based Avery Hall is the developer.
Read MorePermits Filed For 120 Fifth Ave Project
Permits have been filed for Avery Hall Investment’s two-building development in Park Slope, Brooklyn. YIMBY last reported on the pre-filing for the six-story building at 680 Baltic Street in mid-October. The project had been the source of debate for many locals, but it has since been approved and is moving forward. Now, permits show specifics…
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