Banking on New Development — The Hook-up (6/1)

There were some major Real Estate stories in the news this week. First, Greenpoint Savings Bank (807 Manhattan Avenue) has been sold to investor Jack Terzi for $10 Million. While still under-long term lease to Capital One, the building may become retail space in the coming years. 

Second, the massive Greenpoint Landing Project will add two more towers, with an additional 5,500 units.

In other news, a burglar stole over $300 in cash from Hawa Smoothies and Bubble Tea (295A Broadway), a smoothie shop in Williamsburg.

About Lucie Levine

Lucie Levine is the founder of Archive on Parade, a local tour and event company that aims to take New York’s fascinating history out of the archives and into the streets. She’s a Native New Yorker, licensed New York City tour guide, and freelance writer with a passion for the city’s social, political and cultural history.

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