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209-Havemeyer-Street-01 Rendering of The Dime at 209 Havemeyer Street; rendering via Fogarty Finger Architects
One of Williamsburg’s most prominent sites is slated to get a 23-story mixed-use tower that will bring a mix of retail, office and residential space to a bustling area at the foot of the Williamsburg Bridge. The sizable lot is located at 209 Havemeyer Street, between South 5th and 6th streets, and is anchored by the Neoclassical-styled Dime Savings Bank building which will be preserved and rehabilitated, per renderings and details published by the developers.
The-Dime-01 Rendering of The Dime at 209 Havemeyer Street; rendering via Fogarty Finger Architects
In March 2016, the Commercial Observer reported that Dime Community Bancshares had sold the 50,000 square-foot development site for $80 million to the developers Tavros Capital, Charney Construction & Development, and 1 Oak Development. According to the developers’ websites, the 340,000-gross-square-foot venture will be known as the “the Dime” and incorporate the 109-year-old historic bank building in its podium. In total, there will be 40,000 net square feet of ground floor retail, 100,000 rentable square feet of Class A office space, 178 rental apartments, and 340 parking spaces.
The-Dime-023 Rendering via SB Development Group
209-Havemeyer-234 Retail space via SB Development Group
The-Dime Office floor; SB Development Group
Last summer, permits were filed by architecture firm Fogarty Finger, designers of the Jackson condominiums in LIC. Renderings show a sleek tower of curved corners rising atop a broad podium. At a listed height of 264 feet tall, the tower will be one of the tallest buildings in Williamsburg and will offer residents sweeping views in all directions. A great deal of the project’s bulk will be pushed to the east, near Marcy Avenue which will allow the to-be-restored bank building to shine in full glory.
The Dime-203 Projected views to the west towards Manhattan and the bridge via harney Construction and Development
The-Dime-234 Residential lobby via SB Development Group
Residential amenities will include a full-time doorman, one acre of landscaped outdoor recreation space, a fitness center and multiple lounges. Residents of the building will not have to worry about the impending L-train shut down since the project is located just one block from the Marcy Avenue J, M, and Z subway trains.
While it’s far too early to determine rental pricing, the recently-finished rental named the Williams, across South 5th Street, began leasing in November with studios starting at $2,590/month and one-bedrooms from $3,375/month. The Dime is estimated to be completed in Spring 2019.
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