Charney Construction & Development

The Dime, rendering courtesy Fogarty Finger Architecture and Interiors

LPC Approves Dime Savings Bank of Williamsburgh’s Rebirth as Foundation Work Begins for 209 Havemeyer Street, Williamsburg

Williamsburg is an incredible tapestry of diverse architectural styles. One of the most prominent examples of its historic past is the Dime Savings Bank of Williamsburgh, located right by the first exit of the Williamsburg Bridge into Brooklyn, which ensures that hundreds of thousands of people see it every day. The building is about to be reborn thanks to Charney Construction and Development and Tavros Capital Partners, with a full restoration and refurbishment planned for the Bank, adjacent to which a new 22-story residential tower will also rise.

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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.

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Visiting Long Island City’s The Jackson with Developer Sam Charney and Architect Chris Fogarty

In April 2014 we interviewed developer Sam Charney of Charney Construction and Development. Among other things, he spoke about Long Island City’s 11-51 47th Avenue, now known as the Jackson. Since then, we have followed the building’s progress, starting when the site was cleared at the end of 2015 up until its recent topping-out. Today we revisit the project with Charney and the building’s architect, Chris Fogarty of Fogarty Finger.

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11-51 47th Avenue

The Jackson at 11-51 47th Avenue Rises Ten Floors, With One More To Go

In YIMBY’s recent rundown of Long Island City development, we tallied seventeen structures of eight stories and above that have topped-out in the Court Square area within the past twelve months. It appears that The Jackson, which is taking shape at 11-51 47th Avenue, will be the next to join the list. The structure doubled in size between August 15th and the start of October, growing from five to ten floors, so we expect to see the remaining penthouse floor and the service bulkhead rise in the coming weeks. The 53-unit condo project is being developed by Charney Construction and Development, in conjunction with Ascent Development and Tavros Capital, while the industrial-inspired design was crafted by Chris Fogarty of Fogarty Finger.

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