Avery Hall Investments

Lottery opens for 50 mixed-income apartments in Gowanus, from $888/month

Rendering courtesy of the NYC Department of Housing Preservation and Development

October 21, 2024

Lottery opens for 50 mixed-income apartments in Gowanus, from $888/month

Applications are now being accepted for 50 mixed-income apartments at a new rental development in Gowanus. Located at 655 Union Street, the 13-story residential building offers spacious, sun-drenched units with top-tier amenities at the intersection of some of Brooklyn's liveliest neighborhoods. New Yorkers earning 40, 60, 110, and 130 percent of the area median income can apply for the units, priced from $888/month one-bedroom units to $3,982/month two-bedrooms.
Learn if you qualify

Affordable Housing

See inside the condo-quality residences at Downtown Brooklyn’s newest rental

Photos by Nicholas Calcott unless otherwise noted

November 16, 2021

See inside the condo-quality residences at Downtown Brooklyn’s newest rental

By Devin Gannon

About six months after developers of One Boerum Place pivoted from condominiums to high-end rentals, new images were released this month that show off the condo-quality interiors. Developed by Avery Hall with SLCE as the architect of record, One Boerum Place rises 22 stories, contains 138 total rentals, and boasts a luxury amenity package. 6sqft got an exclusive first look at the tower's model unit, a $15,000/month four-bedroom designed by Gachot Studios and decked out by Brooklyn-based Cl-oth.
Find out more

The new Nordic: Scandinavian design goes from Ikea to luxury NYC real estate

505 West 19th Street via Thomas Juul Hansen

January 22, 2018

The new Nordic: Scandinavian design goes from Ikea to luxury NYC real estate

By Michelle Sinclair Colman

Scandinavian design is on the rise in luxury residences. At first, that might seem like an oxymoron since Scandinavian design was founded on the principles of utility, affordability, and simplicity - and high-end residents are not. But luxe and Scandinavian design have found much common ground. From its early 20th century roots, based on Germany's Bauhaus school and developed in the Nordic region, to the mass-produced appeal of Ikea, the trend has certainly remained at the forefront of the design world. And perhaps now it's seeing its biggest moment, serving as a major selling point for hot new NYC condo projects such as Carroll Gardens' 145 President and being reimagined by of-the-moment firms like Morris Adjmi and Denmark's own Thomas Juul-Hansen.
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June 15, 2016

Construction Kicks Off on a Pair of Condo Buildings in the Columbia Street Waterfront District

By Ondel Hylton

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.
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November 8, 2015

Morris Adjmi’s 465 Pacific Street Now 50 Percent in Contract

By Ondel Hylton

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

August 10, 2015

Permits Filed for New Faux-Loft Building at the Intersection of Boerum Hill and Gowanus

By Ondel Hylton

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

Avery Hall Investments

Lottery opens for 50 mixed-income apartments in Gowanus, from $888/month

See inside the condo-quality residences at Downtown Brooklyn’s newest rental

The new Nordic: Scandinavian design goes from Ikea to luxury NYC real estate

Construction Kicks Off on a Pair of Condo Buildings in the Columbia Street Waterfront District

Morris Adjmi’s 465 Pacific Street Now 50 Percent in Contract

Permits Filed for New Faux-Loft Building at the Intersection of Boerum Hill and Gowanus

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