Alloy Development

431 Carroll Street

Alloy To Build Three-Story, 8,000 Square-Foot Office Headquarters At 431 Carroll Street, Gowanus

Alloy Development has acquired the vacant 4,100 square-foot parcel at 431 Carroll Street, in Gowanus, for $2.8 million, Crain’s reports. Located two blocks west of the Union Street stop on the R train, the developer plans to build their new headquarters at the site in the form of a three-story, roughly 8,000 square-foot building. The ground floor will be leased as retail space and the upper floors will contain between 5,000 and 6,000 square feet of office space. The developers expect to break ground by 2017 for a 2018 completion. Alloy Development will likely design the project in-house.


234 Butler Street

Developer Planning Two Commercial Buildings At 234 Butler & 242 Nevins Streets, Gowanus

Alloy Development is seeking to build two 104,000 square-foot office buildings at 234 Butler Street and 242 Nevins Street, in northern Gowanus, located four blocks from the Union Street stop on the R train. DNAinfo reports those are the same properties the city is looking to seize through eminent domain to build two underground sewage tanks. The U.S. Environmental Protection Agency has ordered the construction of the tanks, and is recommending for them to be built under Thomas Green Park, an adjacent block. Alloy has offered the city 138,000 square feet of public park space if they were to develop the properties, which both owners have already agreed to. The EPA says the adjacent park would have to be decontaminated regardless, and the agency will make the final decision on the tanks’ location in the next few weeks.


55 Pearl Street

Construction Complete On Five-Story, Five-Unit Townhouse Project At 55 Pearl Street, Dumbo

Earlier this year, Brownstoner reported that construction was finishing up at Alloy Development’s five-story, five-unit residential project at 55 Pearl Street, in Dumbo, and now Dezeen has the latest photos of the completed building. The structure is actually broken up into individual, 18-foot-wide townhouse units, each measuring 3,500 square feet. The façade is made of concrete, wood, metal and glass, and the project reportedly sold out in 2013.




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