DOWNTOWN BROOKLYN – A new 21-story, 122-unit condominium tower is coming to One Boerum Place in Downtown Brooklyn.
After purchasing the building from Brooklyn Law School in 2016 for $76.5 million, then purchasing approximately 50,000 square feet of air rights from two neighboring buildings for $16 million, Avery Hall Investments filed permits last week to erect a 21-story mixed-use building at the site, New York YIMBY reported. 7 Boerum Place is the address listed on the NYC Department of Buildings application.
The 250-foot-tall tower will feature 183,300 square feet for residential use and approximately 21,000 square feet for commercial use. Amenities will include a swimming pool, fitness center, storage space, bicycle storage for 63 bikes, and a rooftop terrace with capacity for 175 people, according to YIMBY.
The old building is currently under demolition. The estimated completion date for the project has not yet been announced.
Avery Hall is the same firm that is behind the Key Food-replacing mixed-use development coming to 120 5th Avenue in Park Slope. The firm recently completed a 30-unit condo development at 465 Pacific Street in Boerum Hill and are currently working on a 17-unit condo at 145 President Street in Carroll Gardens, according to The Real Deal.