« It's All Our "Backyard" | Main | Jets: Stadium caught in turbulence »
May 17, 2005
Williamsburg Savings Bank bought
Crain's NY Business
The Williamsburg Savings Bank Building has been bought by Canyon-Johnson Urban Funds, an investment concern started by “Magic” Johnson, and the Dermot Co., which plan to renovate the landmarked, 35-story tower into condominiums and ground-floor retail space.
Canyon-Johnson and Dermot bought the nearly 80-year-old tower, which is Brooklyn's tallest building, from HSBC. The bank put the building on the block last year.
Also:
NY Post, HIGH HOOPS FOR BROOKLYN
GlobeSt.com, Williamsburg Bank Tower To Become $165M Condo
Posted by lumi at May 17, 2005 9:49 PM