Yesterday the Department of City Planning posted the 30-day Certification Notice for 240 Nassau Street, signaling the ULURP approval process will begin next month for a four-building mixed-use development project by Alloy Development. The project will yield approximately 1,500 rental apartments across three buildings, including 300 affordable homes, as well as a new public school, community facility and cultural centers, retail, and almost an acre of new outdoor space. The property is located between Navy Street and Gold Street.
The exclusive renderings preview the various components of the development.
School at 240 Nassau Street in Brooklyn. Courtesy of Alloy Development
The site currently holds the Madison Square Boys’ & Girls’ Club – Navy Yard Clubhouse, purchased by Alloy in 2023. Alloy then partnered with Madison to temporarily restore after-school services for the next two years at the long-time community center. Alloy has also provided free space to six local community groups that are conducting free programming at 240 Nassau for local youth.
Senior housing at 240 Nassau Street in Brooklyn. Senior housing at 240 Nassau Street in Brooklyn. Courtesy of Alloy Development
“As 240 Nassau advances toward public review next month, we’re proud to move this community-driven project forward that reflects more than three years of collaboration with well over 1,000 neighbors, elected officials, and local stakeholders,” said Alloy CEO Jared Della Valle.
The project is being co-developed by the NYC Educational Construction Fund (ECF), Alloy Development, and GFB Development. Alloy previously partnered with ECF to develop the Alloy Block project in Downtown Brooklyn, which included two new public schools: the new Khalil Gibran Academy high school and a new public elementary school. Both are now open.
At 240 Nassau, the school component consists of a new 120,000-square-foot K-8 public school designed by Architecture Research Office. The school will remain in the same zone when it returns. Starting in the 2027-2028 school year the current PS 287 will temporarily relocate to PS 67 around the corner. Community Roots Middle School will permanently relocate, along with the Community Roots Lower School, to PS 369, the Susan McKinney Secondary School also nearby.
Cultural center at 240 Nassau Street in Brooklyn. Courtesy of Alloy Development
Public space at 240 Nassau Street in Brooklyn. Courtesy of Alloy Development
Community facilities at 240 Nassau Street. Courtesy of Alloy Development
Approximately 100 of the 300 affordable homes will be set aside for seniors in a standalone building with a community room and amenity space. The senior housing building will be designed by Bernheimer Architects.
Other components include a new 22,500-square-foot community center, with dedicated covered outdoor space, which will replace the Boys & Girls Club Navy Yard Clubhouse that was abruptly closed in 2023 following the organization’s bankruptcy. That space will be run by a to-be-determined operator based on local resident feedback and will include a large recreation space, classrooms, dance studio, kitchen, and a music room.
There will also be a 15,000-square-foot cultural center, which is currently projected to be the permanent headquarters for an expansion of the Cultural Museum of African Art, the Eric Edwards collection, that currently operates in Bedford-Stuyvesant. The new space is envisioned to include gallery as well as educational and research spaces.
240 Nassau will also include 28,000 square feet of retail and 36,000 square feet of new outdoor space designed by Michael van Valkenberg & Associates, including 21,000 square feet of publicly accessible play areas, an outdoor stage, gathering space, and cafe seating.
The following renderings depict two of the residential buildings rising significantly higher than any other structures in the vicinity, potentially reaching skyscraper status. The third residential building will stand much lower, closer to the height of Building 4, which will house the school. The community and cultural facilities will be located in the base of Building 1.
Aerial views of 240 Nassau Street. Courtesy of Alloy Development
Aerial views of 240 Nassau Street. Courtesy of Alloy Development
Aerial views of 240 Nassau Street. Courtesy of Alloy Development
240 Nassau will create access to nearby parks, activating the streetscape by reverting back to the historic street grid of the neighborhood.
“Seeing 240 Nassau move closer to becoming a reality is inspiring in so many ways,” said Tameek Floyd, GFB Development. “This project is setting a new precedent for what urban revitalization should look like: community centered, purpose driven, and creating generational impact. 240 Nassau provides much needed resources to our neighborhood, from affordable housing and a new school to community and cultural space. It reflects our shared commitment to closing the socioeconomic gap, creating safe spaces, and providing opportunities for the next generation to grow and thrive.”
The development team seeks to rezone the site through ULURP, maximizing the amount of community facilities and housing in the project. The public review process will begin in July 2026. If approved, construction is expected to start in 2027.
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This is terrific!
Obviously not Vinegar Hill, but very cool.
In a city with every race color creed , why is only on represented in these renderings?
If it was only white, would there be an outcry?
‘Everybody dance now…..!’
Those are some big bland towers, but overall adding 1,500 new apartments is a very positive direction.