209 Havemeyer Street

The Dime, rendering courtesy Fogarty Finger Architecture and Interiors

Fresh Renderings, $150 Million Construction Loan for Redevelopment of The Dime in Williamsburg, Brooklyn

The redevelopment of the Dime Savings Bank in Williamsburg, Brooklyn, will result in one of the neighborhood’s tallest buildings, and today YIMBY has fresh renderings for the project, designed by Fogarty Finger Architects. Yesterday, The Real Deal reported that Charney Construction & Development and Tavros Capital Partners have acquired a $150 million loan to fund construction and renovation work on the historic bank and new 22-story tower. The developers purchased the site in March of 2016 for $80 million.

Read More

209 Havemeyer Street

Developers In Contract To Acquire Dime Savings Bank Assemblage, Williamsburg

Back in May, YIMBY brought you news that the Dime Savings Bank development assemblage — located around but not including the two-story commercial building at 209 Havemeyer Street, in central Williamsburg — was hitting the market, and now it appears Tavros Capital and Charney Construction & Development are in contract to purchase the site. According to Commercial Observer, Dime is selling the 50,000 square-foot assemblage for $80 million, which could accommodate a mixed-use development of 230,500 square feet. The developers are expected to close on the purchase in early 2016.


209 Havemeyer Street

Dime Savings Bank Markets Assemblage At 209 Havemeyer Street, Williamsburg

Brownstoner reports the Dime Savings Bank building in central Williamsburg, which is only a portion of a 50,000 square-foot assemblage, is now on the market as a development site. The other properties included are 257-275 South 5th Street, 146-150 Marcy Avenue, 209 Havemeyer Street, and 262 South 4th Street, and a 230,500 square-foot mixed-use development could be accommodated. Dime Savings Bank is seeking to keep their retail location in the existing two-story building at 209 Havemeyer Street.


Fetching more...