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Deals & Dealmakers

Alloy Development Announces Topping Out of 100 Flatbush, New York City’s First All-Electric Skyscraper

Alloy Development (Alloy) today announced the topping out of 100 Flatbush, the city’s first all-electric skyscraper. The 44-story tower is part of the first phase of the Alloy Block, a mixed-use development designed by Alloy that will comprise five old and new buildings and will provide residential, office, cultural and retail space, as well as the city’s first two public schools designed to meet Passive House compliance. 100 Flatbush will include 441 mixed-income residences with first-rate amenities and 30,000 square feet of retail space. The project’s second phase will comprise a mixed-use residential, office and retail tower, along with a home for a local cultural institution. Urban Atelier Group is leading construction of 100 Flatbush, which is expected to be complete in 2024.

“The Alloy Block is a transformative vision for Downtown Brooklyn and will set a new standard for sustainable development for New York,” said Alloy CEO Jared Della Valle. “As the city’s first fully electrified skyscraper, 100 Flatbush not only serves as a model for sustainable urban development but it also delivers for the community by providing much-needed housing, along with retail along Flatbush Avenue. We thank our construction team for its hard work toward reaching this exciting milestone.” 

Sustainability is a core component of the Alloy Block and 100 Flatbush is setting a new standard for energy efficient building construction. Alloy recently issued a Request for Proposals that seeks to partner with a community solar developer to enroll 100 Flatbush in community solar projects that will secure a 100 percent local renewable energy supply for the building. Alloy is the first developer to pursue such a program following a recent rule issuance by the New York City Department of Buildings around compliance with Local Law 97 that confirmed that developers can comply with the law through off-site solar programs.

The residential component of 100 Flatbush will be a community of 396 market rate rental apartments and 45 affordable residences, the latter of which Alloy is developing with Fifth Avenue Committee, a 40-year-old Brooklyn nonprofit community development corporation. The retail portion of the building will feature 20-foot ceilings and floor-to-ceiling glass overlooking the bustling Flatbush Avenue corridor.

A new public elementary school and the new Khalil Gibran International Academy (KGIA) will also be located at the Alloy Block. The new facility for KGIA, the city’s first Arabic language focused high school, will be able to accommodate a larger enrollment and will feature a new cafeteria, gym and library. Both schools were designed by Architecture Research Office.

All functions within 100 Flatbush typically run by natural gas will run off electricity instead. Residential units will feature induction cooktops and heat pump dryers and base-building systems like hot water heating and HVAC will be completely electric, eliminating carbon emissions from apartments and the overall building. These improvements, along with the community solar component, will ensure the building is carbon neutral upon completion. Similarly, the new Khalil Gibran International Academy and the public elementary school will meet the rigorous standards for energy efficiency and indoor quality that qualify for Passive House certification – the first two public schools to do so in the city.

Once complete, the Alloy Block will be home to roughly 850 residences, including approximately 200 permanently affordable apartments, 100,000 square feet of Class A office space, 50,000 square feet of retail space and two state-of-the-art Passive House public schools.

The Alloy Block is also a model of transit-oriented development, with over 500 parking spaces for bikes and no parking for cars. Located adjacent to Atlantic Terminal, the city’s second-largest transit hub, the Alloy Block is next to the Brooklyn Cultural District and Barclays Center, and bounded by Flatbush Avenue, Schermerhorn Street, Third Avenue and State Street. It was approved through the City’s Uniform Land Use Review Procedure in September 2018.

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