by Emma Davey Greenpoint Savings Bank (807 Manhattan Ave), a historic building now most frequently used as a graffiti canvas, faces the threat of foreclosure as its owner fails to make loan payments.
Real estate developer Jack Terzi purchased the neoclassical bank building for $10 million in 2018. Capital One, the building’s only tenant, vacated in 2020, claiming “that Terzi never lived up to its obligations, causing it to spend $200,000 on heating during the winter of 2018-2019,”
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Greenpointers has covered Greenpoint & Williamsburg since 2007 — community boards, rezoning fights, local businesses, and the people whose lives and work give the neighborhood its character. Local news is collapsing across the country, but we're still here: independently owned, no corporate backing, no paywall. 18+ years, 280k+ monthly readers and followers, funded by the community we serve.
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All this city knows is fining then throwing up it’s hands.
We need some rich neighbor to buy this beautiful, historic building and turn it into an event place or restaurant. It does not deserve to be an eyesore.
Let’s polish this Turd into a techno club, who’s with me?
In the 60s, my dad was Sr VP in charge of depositor services at The Greenpoint. When I was a little girl he would take me to work here. I felt like Jane Banks in Mary Poppins! I hope it survives. I’d love to see the interior and the dome.