Dime Saving Bank 10 Year Lease

New Press

In October 2015 the Dime Savings bank of Williamsburg entered into a contract for the sale of a portion of their property in Williamsburg to Tavros Capital and Charney Construction and Development for 50,000 SF with the potential for 230,000 SF of mixed use development including air rights. The approximate sale price was $80,000,000.

 

It was reported that on May 25, 2016 that the Dime Savings Bank of Williamsburg signed a 10 year lease (with options to extend the lease upon expiration) for approximately 42,000 at One Pierrepont Plaza Brooklyn, New York a Forest City Ratner Company Building, home to Hilary Clintons Campaign Headquarters.  Asking rents in the 750,000.00 SF Building are in the $50’s.

 

The Dime Savings Bank of Williamsburg exclusively represented by Jack Britvan, SIOR, President of Commercial Realty Services of Long Island and by William P. O’Brien, SIOR, President of M.C. O’Brien, Inc., located in Brooklyn.