Brooklynian

whynot_31

So, as I walked down Washington Ave today, I could not help but look at the Capital One branch located near Lincoln:

I thought to myself, Capital One is about to have two branches very close together. This one, and the one that is going in the building being constructed at the corner of Eastern Parkway and Franklin Ave:

http://www.brooklynian.com/discussion/35888/the-curious-case-of-341-eastern-parkway-aka-the-hole-/p1

I wonder if they are going to need both branches. With its high ceilings and excellent location, this location would be excellent for a very upscale restaurant; One which competed with the likes of Bar Corvo and the fancy place presently setting up shop in the Brooklyn Museum, Sauls.

...and then I wondered if someone at Capital One had a similar plan.

After all, one can only make so much money from ATM fees, low balance fees, and loans.

One could likely get a few million from a major investor looking for a trophy restaurant site....

hatemail

Kind of reminds me of the space Walgreens moved in to on Nostrand and Fulton.

whynot_31

Confirmed: When the one on Franklin and EP opens in May 2014, this one will close.

Building will be sold. Building is not land marked, and is reportedly in bad shape.

I now predict tear down for condos.

856 Washington Avenue

laddhalsey

It would be beyond depressing if this was torn down!

Not only because the only direct sunlight in my apartment is dependent upon it staying there but because it's such a lovely and characterful building and such a nice compliment to the Museum, coming off Lincoln Place. "Cipriani Brooklyn"... "Capitale East" anyone?

whynot_31

There is a very similar bank building in Park Slope, that now is home to a gym. (located near Union and 5th?)

I did some digging. The DOB site lists no significant work permits yet in play:

http://a810-bisweb.nyc.gov/bisweb/PropertyProfileOverviewServlet?boro=3&houseno=856+&street=washington+avenue&go2=+GO+&requestid=0

http://a810-bisweb.nyc.gov/bisweb/PermitsInProcessIssuedByBinServlet?requestid=1&allbin=3029639

dmiami2

Crains has some more details on the new lease

http://www.crainsnewyork.com/data-lists/real-estate-deal-watch/details/12/2960774#

whynot_31

Thanks. I am going to add that article to the thread going about 341 EP as well.

http://www.brooklynian.com/discussion/35888/the-curious-case-of-341-eastern-parkway-aka-the-hole-/p1

I am told the new location will open in May; I expect the Washington Ave location to close quickly afterward.

whynot_31

A friend talked to the branch manager, who confirmed that the branch on Washington will close once the location at 341 Eastern Parkway opens.

"should be in June or July"

maxwellimus

I hope Chase comes in and takes over that spot. I really really dislike walking over to Flatbush

epiclylaterd

There's a Chase on Bedford & Eastern Parkway

Edit: Nvm i see you're talking about Washington

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