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Prospect Heights Bank Building to Be Torn Down for Condos

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A Prospect Heights landmark may soon find itself on the business end of a wrecking ball: DNAInfo reports that the Green Point Savings Bank building, located on Washington Avenue just north of the Brooklyn Museum, is set to be demolished, with a 14-story condo building due to take its place. The developer, Slate Property Group, bought the building in January for $6.5 million.

Back in August, YIMBY obtained permits that Slate had filed for the new apartment building, which gave some clue as to what its units might look like:

There will be two apartments each on the first through 11th floors, except for the sixth floor, which will have three units. Then the top three stories will hold full-floor units. The penthouse will come with a private roof deck, and the rest of the residents will have access to a shared roof terrace. The cellars will include a gym, community room, laundry and 13 bike storage spaces.

At the time, a permit for demolition hadn't been filed; but the city approved one earlier this month, clearing a path for Slate to begin tear-it-up-and-start-again process. The bank building, which was constructed in the 1920s, was most recently home to a Capital One Bank branch, and it was once rumored that Trader Joe's was scouting it for another Brooklyn location.
· Demolition of Prospect Heights Bank Set to Make Way for 14-Story Tower [DNAInfo]
· Permits Filed: 856 Washington Avenue, Prospect Heights [YIMBY]
· All Demolition Watch Coverage [Curbed]