The corner of Boerum Place and Fulton Street in Downtown Brooklyn will officially sprout a 250-foot tower. YIMBY reports that developer Avery Hall Investments has filed plans for a new, 21-story building at 7 Boerum Place, with 122 apartments and ground-floor retail part of the package.
Avery Hall picked up the parcel of land, which has the address of 7 Boerum Place, in 2016 from the Brooklyn Law School for $76.5 million; the air rights added another $16 million to the price tag. It’s one of several new developments that the firm has in the works in Brooklyn, including condos at 145 President Street in Carroll Gardens, and the Key Food-replacing mixed-use project on Fifth Avenue in Park Slope.
According to the plans on file with the Department of Buildings, the new tower will have 122 units (likely condos, based on their average size, according to YIMBY), along with amenities like a swimming pool, exercise room, roof terrace, and bicycle parking. SLCE is the architect of record.
This particular corner of Downtown Brooklyn is sprouting more new developments, with its proximity to the Borough Hall subway stop part of the allure. For example, Quinlan Development Group and Lonicera Partners are behind the Lane, a rental on the corner of Boerum Place and Red Hook Lane.