REVEALED: 27-story tower at Lincoln Savings Bank site will be tallest in East Williamsburg

September 13, 2017

The first renderings for the mixed-use rental development planned for 525-545 Broadway in Brooklyn’s East Williamsburg neighborhood were released this week, showing a creative reimagining of the 20th century Lincoln Savings Bank. As CityRealty learned, the project’s developers Blesso Properties and Bravo Builders, plan on building a 27-story, 298-foot tall building with offices and retail on the lower floors and 218 rental properties above it. The plan also calls for 37,000 square-feet of landscaped space, a food hall, nightlife venue and a wellness center.

545 Broadway, Lincolns Savings Bank, East Williamsburg
Current Google Street View of 525-545 Broadway

545 Broadway, Lincolns Savings Bank, East Williamsburg

Blesso Properties first purchased the triangle-shaped property, bounded by Broadway, Boerum and Lorimer Streets, in August 2016.  While Blesso’s original plans from 2015 called for a 10-story, 36-unit building, the revised project will be more ambitious. Upon completion, the 27-story tower will be the tallest in both East Williamsburg and Bushwick.

Designed by Garrison Architects, the building will feature a facade of orange-colored panels.  Renderings show a modern tower with punch-out windows and the historic, red-bricked Lincoln Savings Bank at the front on Broadway. It appears the development team will keep the bank and build an addition on top, converting the banking hall into a food hall.

Starting on the seventh floor, the apartments will be complemented with roughly 80 square-feet of open, communal space.  According to Blesso, the heart of the complex is the Great Room, which opens to an exterior terrace with sweeping views of the Manhattan skyline.


Renderings courtesy of Blesso Properties and Bravo Builders

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