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    Alloy Development

    20 Jay Street, #1003
    Brooklyn, NY 11201
    (718) 222-8155
    Website

    Alloy Development is a real estate development company with a focus on Brooklyn conversions. The firm was founded in 2006 and it has since successfully developed more than 800,000 square feet of commercial and residential space. Alloy made its name in the DUMBO neighborhood, particularly with a 42-unit luxury condo on One John Street (where it build an annex of the Brooklyn Childrens Museum in an attempt to lure families) and the successful conversion in 2012 of 192 Water Street into lofts. Alloy parlayed that conversion to develop the former warehouses on Brooklyns Water Street into the eight-story loft DUMBO Townhouses, which quickly sold out. In 2016 the firm once again decided to branch out into a new neighborhood, paying $2.8 million for a site in Gowanus, where it would build its new headquarters (relocating from DUMBO, where it had set up shop for a decade). The move has caused Alloy some snags, including a plan by New York City to seize some of the firms land in that neighborhood to build sewage tanks.

    • Event Financing
    • Address 378 Schermerhorn
    • Neighborhood Downtown Brooklyn
    • Borough Brooklyn
    • Square feet 9,879
    • Price $ 25,000,000
    notes
    The buyer acquired a loan.
    • Event Sales
    • Address 431 Carroll Street
    • Neighborhood Gowanus
    • Borough Brooklyn
    • Square feet 8,200
    • Price $ 2,775,000
    • Price per foot $ 338.41
    • Publication Date 03/01/2016
    • Event Date 01/01/2016
    • Party 1 MCP President Street
    • Party 1 Brokerage Cushman & Wakefield
    • Party 1 Broker Winfield Clifford, Brendan Maddigan
    • Party 2 Alloy Development
    • Party 2 Brokerage Cushman & Wakefield
    • Party 2 Broker Winfield Clifford, Brendan Maddigan
    notes
    The property sold for $2.7 million.
    Brooklyn, 11201
    Alloy Development, 192 WATER STREET LLC
    The sponsor(s) filed plans on 01/20/11 for a condo project at 192 Water...
    Brooklyn, 11217
    80-88 FLATBUSH LLC|KIMAQU CORPORATION
    80 Flatbush Avenue is a 46,482 square foot property built in 1967 in...
    Brooklyn, 11217
    90-98 FLATBUSH LLC|KIMAQU CORPORATION
    96 Flatbush Avenue is a 35,580 square foot property built in 1928 in...
    Brooklyn, 11215
    Alloy Development, 431 CARROLL STREET LLC
    341 Nevins Street is a 8,160 square foot property in the Gowanus neighborhood...
    Brooklyn, 11201
    Alloy Development, 1 JOHN STREET, LLC
    1 John Street is a 123,199 square foot building built in 2017 in...
    Brooklyn, 11215
    Alloy Development, PARK RESIDENCE CONDOS, LLC
    The sponsor(s) filed plans on 01/06/17 for a condo project at 346 13th...
    Brooklyn, 11201
    Alloy Development, 185 PLYMOUTH STREET LLC
    ...

    10/14/2015
    Also listed were several developers with just one or two projects, including Dunn Development (99 units), Mona Gora’s Golden Lioness (60 units), Muss Development (62 units), Funaro & Company (70 units) and Alloy Development (52 units)...
    Brooklyn, 11215
    Alloy Development, 431 CARROLL STREET LLC
    341 Nevins Street is a 8,160 square foot property in the Gowanus neighborhood...
    Brooklyn, 11201
    Alloy Development, 1 JOHN STREET, LLC
    1 John Street is a 123,199 square foot building built in 2017 in...
    Brooklyn, 11215
    Alloy Development, PARK RESIDENCE CONDOS, LLC
    The sponsor(s) filed plans on 01/06/17 for a condo project at 346 13th...
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