Alloy swaps offices for housing at 80 Flatbush

First phase of project will have more affordable apartments

New York /
May.May 20, 2021 09:35 AM
A rendering of the 80 Flatbush project and Alloy CEO Jared Della Valle (Alloy, AIANY)

A rendering of the 80 Flatbush project and Alloy CEO Jared Della Valle (Alloy, AIANY)

Alloy Development’s massive Downtown Brooklyn skyscraper is undergoing some changes.

The developer is scrapping 100,000 square feet of office space at the first phase of 80 Flatbush Avenue and instead adding more apartments, Bklyner reported. The total number of units will rise from 257 to 441, about 45 of which will be affordable.

The project is being developed in two phases, the first of which is to include a 44-story, 480-foot tower at Flatbush Avenue and State Street. The building would have market-rate housing, office space and two schools, with construction expected to be completed by 2023, according to the publication.

Due to pandemic-related delays, the first phase is now expected to be completed in the first half of 2024. Construction will begin soon, the developer says.

The second phase would include an 840-foot tower that would house the bulk of the project’s residential units, bringing the project’s total count of permanently affordable to about 200. It was supposed to be finished by 2026, but it’s now unclear when that may happen.

Adding affordable housing to the project’s first phase may help residents in the meantime.
“Critically, this project addresses fair housing needs by creating truly and permanently affordable housing in one of the wealthiest parts of Brooklyn — something we’re sorely lacking — and we’re exciting to be getting started soon,” Michelle de la Uz, executive director of Alloy’s affordable housing partner, told the publication.

[Bklyner] — Cordilia James





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