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.
YIMBY spotted construction at 71 Prince Street, a 31-story residential complex in Downtown Brooklyn. Designed by Aufgang Architects and developed by Maddd Equities, the project is expected to yield 436,600 square feet with 465 rental units, 4,000 square feet of retail space, and 40 to 50 enclosed parking spots. Brooklyn Red Sauce LLC is listed as the owner and Joy Construction Corp. is the general contractor for the property, which is alternatively addressed as 202 Tillary Street and is located on 19,500-square-foot L-shaped parcel with two frontages lining Prince and Hillary Streets that once held a 115,000-square-foot American Self Storage facility. Construction is expected to cost $132 million.
Construction is in full swing at 101 Fleet Place, a 21-story mixed-use residential building in Downtown Brooklyn. Designed by JFA Architects & Engineers and developed by The Jay Group under the 101 Fleet Place LLC, the structure will stand 215 feet tall and yield 240,092 square feet. Components include 235,446 square feet designated for residential space split among 292 rental units averaging 806 square feet apiece, 4,645 square feet for commercial space, a cellar level, a 30-foot-long rear yard, and 44 enclosed parking spaces. On Star Management is the general contractor for the property, which is located on an interior lot between Myrtle Avenue to the north and Willoughby Street to the south, and was purchased from the Leser Group for $40 million back in December 2021.
New renderings have been released for 625 Fulton Street, a 35-story mixed-use skyscraper that currently stands topped out in Downtown Brooklyn. Designed by Fischer Rasmussen Whitefield Architects and developed by Rabsky Group with $450 million in construction financing from Madison Realty Capital, the 500-foot-tall structure will yield 1,098 rental units, 26,000 square feet of retail space on the lower levels, and an on-site parking garage for 250 vehicles. Galaxy Developers is the general contractor for the property, which is alternately addressed as 485 Hudson Avenue and bound by the 34-story 80 DeKalb Avenue to the north, Fulton Street to the south, Rockwell Place to the east, and Hudson Avenue to the west.
The affordable housing lottery has launched for Amnia, a 13-story mixed-use building at 127-131 Concord Street in Downtown Brooklyn. Designed by Input Creative Studio with S. Wieder Architect and developed by Bruklyn Builders, the structure yields 73 residences. Available on NYC Housing Connect are 22 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $167,570.