Thank you for sharing!

Your article was successfully shared with the contacts you provided.
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.

Betsy Kim

Betsy Kim is 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.

More from this author


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.