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A big and ambitious development going up in Boreum Hill, the hotel-condo complex at 265 State Street known as The Boerum, is up to the second story. When we last stopped by in December, the foundation was being poured for the 21-story tower.

Sales launched the same month, with asking prices ranging from $800,000 to $4,250,000. Now 100 of the 128 units are in contract, a spokesperson for the developer told us. (StreetEasy shows nine apartments available out of 107 on the market.)

Designed by Flank, the luxury development will have large apartments with as many as five bedrooms, but no studios, as we have reported. The facade design mixes brick and glass, and the brick divisions appear to weave over and under each other. See below for a previously published rendering of how it will look when complete.

A hotel will occupy the first six floors of the building, which also goes by the alternate addresses 140 Schermerhorn Street and 71 Smith Street. Flank and the Carlyle Group are the developers. Click through to see lots more photos.

265 State Street Coverage [Brownstoner]
71 Smith Street Coverage [Brownstoner] GMAP

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