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One Boerum Place is being constructed on top of Borough Hall Station in Downtown Brooklyn. One Boerum Place is being constructed in Downtown Brooklyn.

NEW YORK CITY—The joint venture of Allegra Holdings, Avery Hall Investments and Aria Development Group received $165 million in financing to construct a 240,000-gross-square-foot luxury, mixed-used condominium development near the Borough Hall Station in Downtown Brooklyn. The 21-story complex is scheduled to be completed in the first quarter of 2021.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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