Speculation has been raised around what Avery Hall Investments would do after purchasing a site from Brooklyn Law School for $76.5 million back in 2016, and acquiring 50,000 square feet of air rights from two nearby properties for another $16 million. Now, permits have been filed for a 21-story mixed use building at 7 Boerum Place, in Downtown Brooklyn. The high-rise will rise on the corner of Fulton Mall, a pedestrian area between Flatbush Avenue and Adams Street that houses over 200 stores. Avery Hall is partnering with Allegra Holding and Aria Development Group.
New information has been revealed for Related Companies’ 507 West 27th Street, a single-story commercial building rising under the High Line in Chelsea. Thanks to a YIMBY reader, we were provided with an image of a rendering at the site, revealing it has been dubbed “High Line Nine,” for the nine gallery spaces that will be created within.
The fast-paced construction of the SOM-designed 35 Hudson Yards is about to reach the roof. A year and a half ago, YIMBY reported on the building reaching the fourth floor. Now, the tower is tantalizingly close to its final, 71st story. The structure appears to have reached supertall heights, thanks to a two-story steel girder installed this week. Related Companies and Oxford Properties Group are responsible for the development, which is Manhattan’s third new residential supertall of 2018.
Façade installation is coming to an end for Waterline Square, a five-acre project overlooking the Hudson River. The three towers are being constructed simultaneously so that residents will have the benefit of moving into a finished mini-neighborhood inside the Upper West Side. Once complete, a lush public space will unite the residential buildings and retail center, containing several eateries. GID Development Group is responsible for the venture.
Yet another new development by Related Companies is nearing completion. Construction is underway at 507 West 27th Street, a snug single-story structure in Chelsea that is literally built under the High Line Park. While it’s not as glitzy or city-altering as what Related is building nearby, the 14-foot tall commercial structure is of interest because it showcases the possibility for small-scale development filling in underutilized plots of land.