REAL ESTATE

Leasing begins at Brooklyn’s all-electric skyscraper 505 State Street, from $3,475/month


Leasing officially launched on Monday at New York City’s first all-electric skyscraper. Developed by Alloy Development, 505 State Street (formerly called 100 Flatbush) is a 44-story tower with 441 apartments in Downtown Brooklyn. The building, which replaces all functions that would normally run on gas with electricity, is part of Alloy Block, a mixed-use development of five old and new buildings that will bring residential, office, retail, and the city’s first two Passive House-certified public schools to the neighborhood. Available rentals at the building start at $3,475/month for a studio and go up to $11,200/month for a three-bedroom.

Photo: Matthew Williams

“As the first all-electric skyscraper in New York City, 505 State Street is a transformative development which represents the future of sustainable living,” Jared Della Valle, CEO of Alloy, said.

“Residents will not only be able to enjoy beautifully designed apartments with sweeping views of the city skyline, but will also critically benefit from the health, environmental and cost benefits that come with reducing your carbon footprint. We look forward to welcoming residents as we usher in a new era for green development in the heart of Downtown Brooklyn.”

Photo: Matthew Williams

Apartments come equipped with sustainable features like induction cooktops and heat-pump dryers. Base-building systems, such as HVAC and hot water heating, are entirely electric, eliminating carbon emissions produced by apartments and across the building.

Apartments boast custom-designed Italian kitchens with fully integrated cabinetry with built-in pantries, Silestone countertops with tile backsplashes, wall ovens, and a concealed re-circulating hood. The kitchens also include fully integrated refrigerators, dishwashers, and a concealed microwave.

Both of the new public schools, the Khalil Gibran International Academy (KGIA) and a new public elementary school, were designed by the Architecture Research Office. KGIA is NYC’s first-ever Arabic language-focused high school and with its new space within Alloy Block, will be able to accommodate more students. The school will include a cafeteria, gym, and library. Both schools are set to become the first Passive House-certified public schools in the five boroughs.

505 State contains a total of 441 apartments, 45 of which are income-restricted (the housing lottery launched last fall). Each residence includes exposed nine- to 12-foot concrete ceilings and columns, oak wood flooring, and energy-efficient operating windows letting in natural light and allowing for expansive views of the city skyline.

Rendering: Alloy Design
Rendering: Alloy Design

Amenities include a 24-hour attended lobby with a coffee shop, a community concierge, a mail and package room, a bike storage room, in-building laundry, a pet wash, and a bodega operated by TULU. The building also features a 3,000-square-foot state-of-the-art gym, a yoga studio, a grow room, a children’s playspace, a reservable lounge, a screening room, and a workspace.

On the 42nd floor, residents can enjoy a rooftop pool, outdoor terrace space, and reservable cabanas with grills. Residents can also reserve the sky lounge, kitchen, and terrace space for entertaining guests.

Photo by Pavel Bendov

The property is located near Atlantic Terminal, the city’s second-largest transit center, as well as cultural institutions within the Brooklyn Cultural District.

Alloy Development recently issued a Request for Proposals (RFP) to collaborate with a firm on enrolling 505 State Street in community solar projects that ensure that the building runs on 100 percent local renewable energy and complies with the NYC Department of Building’s rules regarding Local Law 97. Enacted in 2019, LL97 requires building owners of more than 25,000 square feet to cap their property’s greenhouse emissions or face fines.

Alloy Block was first approved by the NYC Council in September 2018, after negotiations that lowered the heights of the development’s two tallest buildings from 986 to 840 feet, and 560 to 510 feet, respectively. As part of the agreement, the number of units within the complex was lowered from 900 to 870.

Construction on the first phase of Alloy Block kicked off in July 2021, which included 505 State Street, retail space, and the two public schools.

The second phase will include a mixed-use residential, office, and retail tower, which will also have space for a new cultural institution.

More information on available units can be found here.

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