The Alloy Block’s 505 State Street Approaches Completion in Downtown Brooklyn

At number 19 on our year-end countdown of the tallest buildings under construction in New York is 505 State Street, a 482-foot-tall residential tower in The Alloy Block complex in Downtown Brooklyn. Designed and developed by Alloy Development, the 44-story structure will yield 441 rental units, with 45 reserved for affordable housing, and will be fully powered by electricity. The five-building Alloy Block master plan will comprise a total of 850 units with 200 permanently affordable apartments, 100,000 square feet of Class A office space, 50,000 square feet of retail space, 500 bicycle parking spaces, 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 505 State Street, 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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Affordable Housing Lottery Launches for 209 North 11th Street in Williamsburg, Brooklyn

The affordable housing lottery has launched for 209 North 11th Street, a seven-story mixed-use building in Williamsburg, Brooklyn. Designed by MHM Engineering and developed by Yisroel Greenfeld, the structure yields 53 residences. Available on NYC Housing Connect are 16 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $113,726 to $165,230.

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58 West 39th Street Resumes Construction in Midtown, Manhattan 

The 20th-tallest building on our year-end construction countdown is 58 West 39th Street, a 475-foot-tall hotel tower in Midtown, Manhattan. Designed by Marin Architects and developed by Wei Hong Hu of H Hotel LLC, the 42-story structure will yield 177 guest rooms and amenities including a restaurant and an outdoor bar. City Cross Construction Corp. is the general contractor for the property, which is located on a narrow plot between Fifth and Sixth Avenues, one block below Bryant Park.

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