Avery Hall Investments
People:
Avery Hall Investments portfolio
$62.8 million* – elevator 91%, development 4%; Brooklyn 100%, Manhattan 0%
814th largest portfolio by dollar value
262,577 sqft – elevator 90%, industrial 9%;
985th largest by SF
12 properties – Brooklyn 100%, Manhattan 0%
721th largest
459 residential units – Brooklyn 100%, Manhattan 0%
462th largest by residential units
Company Activity past 24 months:
Seller company: 2 for $80.3 million
Borrower company: 3 for $292.5 million
Top Ten Associated Companies:
Brodsky Organization (2), Pontone family (2), Michaels Organization (1), Roman Catholic Church of St. Boniface (1), Regal Ventures (1), TD Bank (1), KKR & Co. (1), Stephen Schipani (1), William Macklowe Companies (1), Nick Karkas (1)
Top Ten Associated People:
Daniel Brodsky (2), Joy Coyle (1), Kheder Fatiha (1), Gianna Gioia (1), Adam Simon (1), David T. Welsh (1), Ekaterini Kipriadis (1), Mary Ann Karkas (1), Ourania Cohen (1), Oronzo Sardone (1)
Recent activity as company:
• Avery Hall Investments borrowed $140.2 million from KKR & Co. for 1 Boerum Place, Downtown Brooklyn, Brooklyn on June 04, 2024.
• Avery Hall Investments borrowed $72.5 million from TD Bank for 272 4th Avenue, 274 4th Avenue, and 538 Carroll Street, Gowanus, Brooklyn on October 11, 2023.
• Avery Hall Investments sold 514 Union Street and 469-499 President Street, Gowanus, Brooklyn for $76 million to Brodsky Organization on May 18, 2023.
• Avery Hall Investments sold 305-307 Nevins Street, Gowanus, Brooklyn for $4.3 million to Brodsky Organization on May 18, 2023.
• Avery Hall Investments borrowed $79.8 million from Square Mile Capital Management for 204 4th Avenue, Gowanus, Brooklyn on May 12, 2023.
• Avery Hall Investments and OTL Enterprises sold 325 Henry St, Cobble Hill, Brooklyn for $8.9 million to Regal Ventures on December 13, 2022.
• Avery Hall Investments sold 115 Willoughby Street, Downtown Brooklyn, Brooklyn for $1.5 million to Michaels Organization and Roman Catholic Church of St. Boniface on March 02, 2022.
• Avery Hall Investments borrowed $176 million from QuadReal Property Group for 1 Boerum Place, Downtown Brooklyn, Brooklyn on October 19, 2021.
• Oronzo Sardone sold 305 Nevins Street, Gowanus, Brooklyn for $3.1 million to Avery Hall Investments on August 31, 2021.
• Nick Karkas sold 274 4th Avenue and 538 Carroll Street, Gowanus, Brooklyn for $5.4 million to Avery Hall Investments on June 16, 2021.
Latest Stories:
• Brodsky Org. pays $80.3M to Avery Hall for 350-unit Gowanus dev site (May 19, 2023)
• Regal Ventures pays $8.9M for commercial condo in Cobble Hill (December 14, 2022)
• Avery Hall pays $5.4M for two industrial properties in Gowanus (June 17, 2021)
• Senlac Ridge Partners borrows $18M for dev site in Park Slope (April 09, 2021)
Properties: