News
Luxury apartments on Gowanus-Park Slope border set to open in early 2025, steps from Union Street subway
A sleek new addition to the Gowanus-Park Slope border, 655 Union Street is nearing completion and set to welcome residents in early 2025, just steps from the Union Street subway station. Brian Ezra, principal and co-founder of Avery Hall, a Brooklyn-based real estate development company, told Brooklyn Paper that he was excited about completing the…
Read MoreAvery Hall announces Sprouts Farmers Market at One Noda Park in Charlotte, North Carolina
Sprouts, the Arizona-based grocery chain known for fresh produce and low prices, will open at 36th and Tryon streets in NoDa next year, Avery Hall principal Tarlton Long confirmed to Axios. The new supermarket will fill a need in a changing part of the neighborhood. NoDa is rapidly developing, but it hasn’t experienced the kind…
Read More499 President Street Begins Vertical Ascent In Gowanus, Brooklyn
Construction is rising on 499 President Street, an eight-story residential building in Gowanus, Brooklyn. Designed by SLCE Architects and developed by The Brodsky Organization and Avery Hall, the 322,000-square-foot structure will yield 350 rental units in studio to two-bedrooms layouts, with 25 percent designated for affordable housing, as well as 20,000 square feet of ground-floor…
Read MoreTD Bank Provides $73M Construction Loan for Gowanus Residential Development
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…
Read MoreConstruction Reaches Top Floor Of 204 4th Avenue In Gowanus, Brooklyn
Construction is about to top out on 204 4th Avenue, a 13-story residential building in Gowanus, Brooklyn. Designed by L+Z Architecture and developed by Avery Hall and Gindi Capital, the 200,000-square-foot structure will yield 193 rental units and 14,000 square feet of ground-floor retail space. Leeding Builders Group is the general contractor for the half-acre…
Read MoreOne Boerum Place Named a Finalist for ULI’s Award For Excellence
Avery Hall, a real estate investment firm specializing in the development and design of unique residential and mixed-use buildings, announced today that the completed and fully-leased new development, One Boerum Place in Downtown Brooklyn was selected as a finalist for the prestigious Urban Land Institute (ULI)’s Award for Excellence in Market-Rate Housing Development. The winners…
Read More550-unit apartment towers next to Legend get City Council go-ahead
A new development that will drastically change the Manchester skyline is a go. Richmond City Council voted Monday night to approve Avery Hall’ special-use permit application for a pair of high-rise apartment buildings at 301 W. Sixth St. next to Legend Brewing. Reaching 16 and 17 stories and totaling over 550 units, Avery Hall’s project…
Read MoreNYC ushers in ultra-luxury rentals amid high interest rates
What fancy condo? Today, New York is ushering in the era of ultra-luxury rentals where the pickings are slim and rival the best new for-sale properties in town. After a decade of much-hyped and buzzed-about condo developments hoping to attract buyers with sleek designs and a bevy of amenities, the top end of the city’s…
Read More204 4th Avenue Reaches Street Level In Gowanus, Brooklyn
Construction has reached street level on 204 4th Avenue, a 13-story residential building in Gowanus, Brooklyn. Designed by L+Z Architecture D.P.C. and developed by Avery Hall and Gindi Capital, the 200,000-square foot structure will yield 193 rental units, on-site parking, and 14,000 square feet of ground-floor retail space, and is part of a wave of…
Read MoreGindi Capital, Avery Hall Secure $110M Construction Financing For 204 4th Avenue In Gowanus, Brooklyn
This week Gindi Capital and Avery Hall closed on $110 million in construction financing for the development of a 13-story, 193-unit mixed-use, mixed-income building at 204 4th Avenue in Gowanus, Brooklyn. Located at the intersection of the Gowanus and Park Slope neighborhoods on a full city block between Union and Sackett Street, the ground-up construction…
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