What will actually happen to the former Capital One Building at 856 Washington - Brooklynian

What will actually happen to the former Capital One Building at 856 Washington

edited January 2015 in Prospect Heights
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Despite several unfounded rumors (i.e. Trader Joe's), I can now confirm that this site has been purchased by a developer and financing is presently being sought for a multi-unit residential building.

The pro-forma sales estimates are $1300 a sq ft.     

Unknown at this time if facade will be saved.


856 Washington
Prospect Heights
Crown Heights
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