Former Green Point Savings Bank in Prospect Height to Be Demolished

Oct. 15, 2015 — Arguably, one of the cooler aspects about New York City is its 1920s-era buildings with their exquisite detail. The old bank buildings are especially lovely. In the ever-changing landscape of the city, some of these old buildings get converted into condos. Other times, however, a building such as the imposing structure on Washington Avenue in Prospect Heights, becomes a casualty of supply and demand. The former Green Point Savings Bank building at 856 Washington Avenue will be demolished to make way for a 14-story apartment building, reports DNAinfo, citing permits approved by the city last week. If you're a fan of old buildings, then hurry to get a photo because building and property records show that the neoclassical stone structure will be ripped down soon. The new residential property will include 28 condominiums over about 45,000 square feet, according to DNAinfo, with one floor-through unit on each of the top three floors. Sounds nice, but it's still disappointing news to fans of old buildings and to those who were holding their breaths for a Trader Joe's grocery store.