Posts Tagged ‘Commercial Observer’

NY Kids Club will open a flagship location in Brooklyn’s Gowanus neighborhood in September, just in time for the start of the school year, Commercial Observer has learned. NY Kids Club, which provides preschool enrichment programs to help early childhood development, has signed a lease for 3,700 square feet on the ground floor of 655…

Developer Avery Hall and its joint venture partners Declaration Partners and Bridge Investment Group have secured $72.5 million of construction financing to build a multifamily development in Brooklyn’s Gowanus neighborhood, Commercial Observer has learned. TD Bank supplied the loan for the developers’s planned 17-story project at 544 Carrol Street, which is slated for completion in…

Salons by JC — which leases out suites to haircutters, aestheticians and other beauty professionals — will open its first Brooklyn location at 1 Boerum Place this fall, Commercial Observer has learned. The company inked a 20-year deal for 13,316 square feet on the first and second floor of the 23-story Downtown Brooklyn apartment property,…

Brooklyn-based barbecue fans are in luck: Two new Mighty Quinn’s Barbecue restaurants are headed to Downtown Brooklyn and Williamsburg, Commercial Observer has learned. The two locations — in 2,000 square feet at 1 Boerum Place in DoBro and just under 3,000 square feet at 360 Wythe Avenue in Williamsburg — will open in the summer.

The joint venture, led by Avery Hall, that is developing the One Boerum Place residential tower in Downtown Brooklyn has nabbed a roughly $176.5 million debt package to recapitalize it amid ongoing plans to convert the project to luxury rentals from for-sale condominiums.

When Avery Hall—led by partners Brian Ezra, Avi Fisher and Jesse Wark (ages 34, 34 and 37 respectively)—proposed building a four-story mixed-use project at 112 Atlantic Avenue (a.k.a., 325 Henry Street) last year they walked into machine gun fire.