Avery Hall Investments

Cobble Hill, condos, Construction Update, New Developments

Columbia Street Waterfront District, Broolyn condos, affordable housing, East River, Bricolage

Avery Hall Investments and co-developer OTL Enterprises are forging ahead with the development of pair of understated five-story condominium buildings at 161-163 Columbia Street in Cobble Hill‘s Columbia Street Waterfront District. The team picked up the lots in 2014 through a unique deal with the nonprofit Carroll Gardens Association where proceeds of the sale would be used to preserve below-market rate rents for 28 units on the street and possibly develop 70 more affordable units in nearby Red Hook.

Read more

Architecture, Boerum Hill, condos, New Developments

465 Pacific Street, 472 Atlantic Avenue, Morris Adjmi Architects, ARIA Development Group, Avery Hall Investments, Boerum Hill (1)

Just one month after kicking off sales, Boerum Hill’s hottest new condominium development, 465 Pacific Street has already signed half of its 30 units into contract. Even more impressive is that the $55 million development is slated for completion some 18-months from now, with foundation pouring just commencing last month.

The project is conceived by a partnership between Avery Hall Investments and ARIA Development Group who paid $18 million ($373 per buildable square foot) for the L-shaped lot in May 2013, a record for a large Brooklyn parcel according to Crain’s New York.

more on the project

Architecture, Boerum Hill, condos, Gowanus, New Developments

Avery Hall Investments, Boerum Hill, Brooklyn development, Brooklyn condos, Gowanus

Avery Hall Investments filed permits last week for an eight-story, 20-unit residential building at the corner of Third Avenue and St. Marks Place. The site is situated in the area where bucolic Boerum Hill meets the utilitarian factory lofts of Gowanus. The development at 125 Third Avenue will replace a one-story commercial building that Avery picked up earlier this year for $5.65 million according to city records. The team also recently broke ground on another Boerum Hill condominium at 472 Atlantic Avenue designed by the context-sensitive Morris Adjmi Architects.

More details on the project

SIGN UP FOR OUR NEWSLETTERS

Thank you, your sign-up request was successful!
This email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.