Avery Seavey
(Avery B. Seavey)
Blue Sea Development Company
122 E 42nd St Ste 1512 New York, NY 10017
60 E 42nd St #1010 New York, NY 10165
Blue Sea Development Company NYC portfolio
$123 million -development 74%, condo 14%, walkup 10%; Brooklyn 74%, Manhattan 25%*
1349th largest portfolio by dollar value
294,233 sqft – development 69%, condo 22%, walkup 7%; Brooklyn 69%, Manhattan 30%
1212th largest by SF
4 properties – Manhattan 75%, Brooklyn 25%
2251th largest
451 residential units – Brooklyn 78%, Manhattan 21%
646th largest by residential units
Person Activity past 24 months:
Borrower signatory: 1 for $18 million
Top Ten Associated Companies:
Lument (2), Avenel Development & Construction (1), Principal Real Estate Investors (1)
Top Ten Associated People:
Avery B. Seavey (1), Lindsay L. Janke (1), Julie M. Williams (1), Corey Morse (1)
Recent activity as signatory:
• Blue Sea Development Company borrowed $18 million from Principal Real Estate Investors for 225 8th Avenue, 219 8th Avenue, and 303A West 21st Street, Chelsea, Manhattan on June 16, 2026.
• Blue Sea Development Company borrowed $48 million from Lument for 95 Lenox Avenue on December 30, 2021.
• Avenel Development & Construction borrowed $48 million from Lument for 95 Lenox Avenue on March 25, 2021.
• Avenel Development & Construction sold West 114 street for $16.2 million to Avenel Development & Construction on March 23, 2021.