The historic Greenpoint Savings Bank at 807 Manhattan Avenue opened in 1906 and was the work of the architecture team Helmle and Huberty, who also designed the Williamsburgh Savings Bank.
The neoclassical structure has long been a staple in the North Brooklyn neighborhood. It achieved landmark status in 1982.
However, the Capital One branch that resided inside the building closed during the pandemic, leaving the building’s future uncertain. Slate Property currently owns the bank building and an annex structure that is attached to it. The developer plans on restoring the annex and converting it into luxury condos.
Located at 1080 Lorimer Street, the annex will hold 29 units when it officially opens. Additionally, the developer is working in partnership with architecture firm PKSB to ensure that the renovations will preserve and respect the history of the building.
The completed annex will mimic the aesthetic style of the bank, with gray tiling echoing the iconic dome roof.
“Our goal for 1080 Lorimer was to preserve the history of the building while creating a one-of-a-kind residence that can’t be found anywhere else in the city,” said Slate Property Group founder Martin Nussbaum. “I’m confident we’ve done just that.”
The annex building will offer duplexes and three-bedroom condos. The property’s website currently lists prices that range between $995,000 and $3,500,000. Residents of the annex will have access to a rooftop lounge and courtyard that will offer unobstructed views of the bank building’s dome roof.
Despite the renovations coming to the annex, the future of the bank building proper on Manhattan Avenue is uncertain. Since the Capital One branch closed last year, the building has remained vacant and the property’s owners are yet to share details on any plans to fill the space.
Rendering courtesy of Slate Property Group, PKSB, Quinn PR
