Britvan of Commercial Realty Services of Long Island and O'Brien of M.C. O'Brien broker 10-year lease: 42,000 s/f

One Pierrepont Plaza - Brooklyn, NY

Brooklyn, NY The Dime Savings Bank of Williamsburgh recently signed a 10-year lease (with options to extend the lease upon expiration) for 42,000 s/f at One Pierrepont Plaza. Forest City Ratner is the property owner. Asking rents in the 750,000 s/f building are reported to be in the $50’s per s/f.

Jack Britvan, Commercial Realty Services of Long Island, Inc.

Jack Britvan, SIOR president of Commercial Realty Services of Long Island and Bill O’Brien SIOR, president of M.C. O’Brien, exclusively represented The Dime Savings Bank.

In October 2015 The Dime Savings Bank of Williamsburgh entered into a contract for the sale of a portion of their property in

William O’Brien, M.C. O’Brien, Inc.

Williamsburgh to Tavros Capital and Charney Construction and Development for 50,000 s/f with the potential for 230,000 s/f of mixed use development including air rights. The sale price was $80 million.