Jared Della Valle
Ceo
Alloy Development
20 Jay Street, Suite 1003 Brooklyn, NY 11201
Alloy Development portfolio
$17 million* – condo 38.0%, specialty 32.0%; Brooklyn 100.0%, Manhattan 0.0%
1947th largest portfolio by dollar value
554,440 sqft – condo 88.0%, specialty 7.0%;
561th largest by SF
11 properties – Brooklyn 100%, Manhattan 0%
803th largest
4 residential units – Brooklyn 100.0%, Manhattan 0.0%
5654th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 1 for $15 million
Borrower signatory: 2 for $52.5 million
Top Ten Associated Companies:
Maxim Capital Group (2), Madison Square Boys & Girls Club (1), Bank of America (1), Goldman Sachs (1)
Top Ten Associated People:
Jeffrey Dold (1), Eric Chan (1)
Recent activity as company:
• Alloy Development borrowed $42.5 million from Maxim Capital Group for 362 Schermerhorn Street, Boerum Hill, Brooklyn on January 14, 2025.
• Alloy Development borrowed $10 million from Maxim Capital Group for 240 Nassau Street, Downtown Brooklyn, Brooklyn on November 29, 2023.
• Madison Square Boys & Girls Club sold 240 Nassau Street, Downtown Brooklyn, Brooklyn for $15 million to Alloy Development on November 29, 2023.
• Alloy Development borrowed $155 million from Goldman Sachs for 100 Flatbush Avenue, 100 Flatbush Avenue, 100 Flatbush Avenue, 489 State Street, and 489 State Street, Brooklyn, Brooklyn on August 13, 2021.
• Monadnock Development borrowed $8.9 million from Bank of America for 1 John Street, Fulton Ferry, Brooklyn on July 07, 2020.
Latest Stories:
• Alloy signs $42.5M refi with Maxim Capital for retail conversion in Boerum Hill (January 15, 2025)