Alloy Development has officially launched sales at 168 Plymouth Street following the transformation and redevelopment of two aging industrial buildings in the heart of the DUMBO Historic District. The new property contains a collection of 46 residences that draw clear influence from the area’s industrial past.
“DUMBO’s industrial architecture and geography make it one of the most beautiful and desirable neighborhoods in New York City,” said AJ Pires, president and co-founder of Alloy Development. “168 Plymouth provides the opportunity to connect with that architectural history.”
Following approvals from the Landmarks Preservation Commission, Alloy Development began work on the property, which included a five-story structure at 50 Jay Street that was originally constructed in 1851, and a neighboring seven-story building at 42 Jay Street completed in 1921. According to proposals, the buildings once served as office space for Phoenix House, a drug and alcohol rehabilitation center, and a paint manufacturing business.
In an effort to evoke the unique industrial texture of the neighborhood, Alloy’s in-house design team maintained the structure’s factory-style windows, masonry façade, and ornamental exterior details from the ground up. Both buildings include a modest vertical expansion to create additional residential area and new open-air terraces.
Residential units are available in four distinct variants. “Brick and Timber” lofts feature restored painted brick and exposed beams and columns, while the “Daylight Factory” lofts offer exposed concrete beams and columns, both equipped with oversized factory windows. Mid-range townhouse units are designed as duplex homes with private entrances on Jay Street. Finally, the penthouses include private rooftop terraces with gas grills and integrated wine coolers.
All residents will have access to amenities that include a fitness center, a private courtyard designed by landscape architecture studio Future Green, a landscaped common roof terrace with cabanas and outdoor cooking areas, a fitness room, bike storage, and package storage units.
The condominiums range from one- to four-bedroom spreads with prices starting at $1.4 million. Move-ins are expected to begin by winter of 2020.