A new mixed-use project is being considered for 240 Nassau Street in Fort Greene, aiming to deliver a combination of public services and housing. This proposal features plans for a public school, community center, cultural center, retail, and mixed-income housing, strengthening ties to local organizations.
Proposal Components
The plan from Alloy Development would combine educational space with residential and community-oriented amenities at 240 Nassau Street. Features listed are a public school, community center, cultural center, retail, and mixed-income housing.
Development Team
The effort is a collaboration between New York City Educational Construction Fund (ECF), Alloy Development, and GFB Development.
Rezoning and Review
The proposed development includes a rezoning process affecting 240 Nassau Street and 46 Navy Street, where P.S. 287 stands. The environmental review phase began on December 22, 2025, and public hearings are planned for early 2026.
About GFB Development
Founded in 2024 by former NBA player Taj Gibson and longtime friends Tameek Floyd and Malik Brown, GFB Development is dedicated to expanding affordable housing and recreational opportunities in neglected neighborhoods.
Floyd and Brown attended P.S. 287 and participated in the Boys & Girls Club Navy Yard Clubhouse, reflecting deep local connections within the development group.
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