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.
Today, YIMBY has a photo update on the site of the Dime Savings Bank of Williamsburgh. Foundation work is moving along for the soon-to-be 22-story residential building that will rise adjacent to the historic structure, in Williamsburg, Brooklyn.
Renderings have been revealed for 1 Park Row, a new building rising in Manhattan’s Financial District, right across the street from City Hall Park. Permits filed in mid-October showed specifications for three floors of retail space, yielding a total 21,500 square feet. The project joins two others on the same block, at 1 Beekman Street and 23 Park Row.
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.
Permits have been filed by an anonymous LLC for a new three-story commercial building at 1 Park Row, in the Financial District. The site is in a prime location for retail, with proximity to the Fulton Street Station, the World Trade Center’s Oculus transit hub, as well as several other subway stops for just about every subway line that runs through Manhattan. The site is right on the southern tip of Steven Flanders Square, home to City Hall.