Posts Tagged ‘Commercial Observer’

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.