Speculation has been raised around what Avery Hall Investments would do after purchasing a site from Brooklyn Law School for $76.5 million back in 2016, and acquiring 50,000 square feet of air rights from two nearby properties for another $16 million. Now, permits have been filed for a 21-story mixed use building at 7 Boerum Place, in Downtown Brooklyn. The high-rise will rise on the corner of Fulton Mall, a pedestrian area between Flatbush Avenue and Adams Street that houses over 200 stores. Avery Hall is partnering with Allegra Holding and Aria Development Group.
A newly minted tower has risen above the New York harbor. The Helmut Jahn-designed 50 West is a 783-foot tall residential building in Manhattan’s Financial District with curtain wall glass and distinctive angled crown. The project has been about a decade since it started, and now proudly stands with early move-ins, nearly complete. It started in 2008, right before the Great Depression. The glass façade was finished in February, and interior installation has started. Time Equities is responsible for the development.
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 Investments is the developer.
New high-rises aren’t a frequent occurrence in Upper Manhattan, but one such project currently rising at 543 West 122nd Street, in Morningside Heights, now has its first renderings. The development will be known as Vandewater, taken from the original Dutch name for the area. Savanna is responsible for the development, and Curbed was the first to reveal the new images.
Financial support has been acquired for the construction of a new Midtown development, putting verticality one step closer to reality. 611 West 56th Street will rise 35 floors above the far end of Midtown’s Billionaire’s Row. Just a block away from West 57th Street, the project is another step in the redevelopment of the long-forlorn area. It will join new buildings like Via at 625 West 57th Street, the rising towers of Waterline Square, and The Max, a nearly complete mega-development on the same block. Sumaida + Khurana and LENY are responsible for the development.