Alloy Development

The Alloy Block Wraps Up Construction At 505 State Street in Downtown, Brooklyn

Work is wrapping up on 505 State Street, a 44-story residential tower in the Alloy Block complex in Downtown Brooklyn. Designed and developed by Alloy Development, the 482-foot-tall, fully electric-powered structure will yield 441 rental units, with 45 dedicated to affordable housing developed in conjunction with the Fifth Avenue Committee. The Alloy Block master plan will offer 50,000 square feet of retail space, space for a local cultural institution, 500 bicycle parking spaces, and two schools: the Khalil Gibran International Academy High School (KGIA) at 380 Schermerhorn Street designed by Architecture Research Office, and an elementary school at 489 State Street. Urban Atelier Group is the general contractor for the property, which was formerly addressed as 100 Flatbush Avenue and is bound by Flatbush Avenue to the northeast, Third Avenue to the northwest, and State Street to the southwest.

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505 State Street, by Pavel Bendov

Alloy Development Launches Leasing for 505 State Street in Downtown Brooklyn

Alloy Development has launched leasing for 395 apartments at 505 State Street, a 44-story all-electric tower in the Alloy Block mixed-use development in Downtown Brooklyn. Located at the intersection of State Street and Flatbush Avenue, the overall development includes residential, office, and retail spaces, as well as New York City’s first two public schools built to Passive House standards.

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240 Nassau Street, by Cushman and Wakefield

Navy Yard Clubhouse Reinstates Youth Services at 240 Nassau Street in Fort Greene, Brooklyn

Madison Square Boys & Girls Club and Alloy Development have announced a partnership to reestablish after-school services at the Navy Yard Clubhouse, located at 240 Nassau Street in Fort Greene, Brooklyn. This development follows Alloy’s acquisition of the property for $15 million and a $2 million donation to facilitate the temporary resumption of these important community services.

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Housing Lottery Launches for 505 State Street in Downtown Brooklyn

The affordable housing lottery has launched for 505 State Street, a 44-story mixed-use building at 100 Flatbush Avenue in Downtown Brooklyn. Designed and developed by Alloy Development, the structure yields 440 residences. Available on NYC Housing Connect are 45 units for residents at 40 to 100 percent of the area median income (AMI), ranging in eligible income from $29,109 to $127,100.

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Alloy Block’s 100 Flatbush Avenue Nears Completion in Downtown Brooklyn

Exterior work is nearing completion on 100 Flatbush Avenue, a 44-story residential tower in the Alloy Block complex in Downtown Brooklyn. Designed and developed by Alloy Development, the 482-foot-tall, fully electric-powered structure will yield 441 rental units. Of these, 45 will be dedicated to affordable housing, developed in conjunction with the Fifth Avenue Committee. The five-building Alloy Block master plan will encompass 850 units with 200 permanently affordable apartments, 100,000 square feet of Class A office space, 50,000 square feet of retail space, 500 parking spaces for bikes, two Passive House public schools designed by Architecture Research Office, and space for a local cultural institution. Urban Atelier Group is the general contractor for the property, which is bound by Flatbush Avenue to the northeast, Third Avenue to the northwest, and State Street to the southwest.

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