HSBC Downsizing in The Burg
Yesterday, Crain’s reported that HSBC has hired Massey Knakal to unload its iconic bank branch at 151 Broadway in South Williamsburg. The London-based bank has been ensconced in the 28.500-square-foot domed building since 1996 when it acquired the previous resident, Republic National Bank. Where’s HSBC moving? To a space in a new building at Bedford…

Yesterday, Crain’s reported that HSBC has hired Massey Knakal to unload its iconic bank branch at 151 Broadway in South Williamsburg. The London-based bank has been ensconced in the 28.500-square-foot domed building since 1996 when it acquired the previous resident, Republic National Bank. Where’s HSBC moving? To a space in a new building at Bedford and North 3rd Street, right next to the upcoming Duane Reade. From the looks of this photo sent in by a tipster, it should be opening pretty soon (“late 2010” to be exact).
Towering Williamsburg Landmark Hits the Block [Crain’s]
One of Brooklyn’s Most Beautiful Banks Up for Grabs [Curbed] GMAP
BTW, Apple moved in to Soho when it was already fully ruined with tourism and chain stores. Same with Meatpacking District. They were LAST on the scene.
Neither location seem in any way similar to this one in my mind, despite a few great restaurants in the area.
Hey, MM, how many hours did you spend waiting in the interminable lines at the old Prince St. PO? I worked part-time for an art gallery then (remember when SoHo had art galleries?) and was forever mailing posters to buyers out-of-state who’d bought and taken home expensive artworks, but passed this off as their “purchase” to avoid paying sales tax. Fun!
DH, more likely Apple be told “your money, no matter how much, is NO GOOD HERE”
“You all will be surprised when Apple announces its Grand Opening On King’s Highway in Mill Basin (where the real money is)”
haha – they’ll open in a ranch style house that they bought for 8 million dollars.
“HSBC Downsizing in The Burg”
Deflation in real time.
***Bid half off peak comps***
You all will be surprised when Apple announces its Grand Opening On King’s Highway in Mill Basin (where the real money is)
this is a big ol building and really should house something other than HSBC. Very interested to see what happens to it.
There’s a charm for sure to that immediate area – Dresler, DOC wines, Soma Gym, Diner, the Marlows, etc… broadway could add more upscale retail to match. at risk of breaking my own rule (of not talking about domino), broadway retail will one day be serving the domino inhabitants.
bedford ave desperately needs another bank (probably the only high traffic street in the whole city where this is true), so HSBC’s opening there is great.
apple will build on one of the parking lots near BAM.
“Apple didn’t open on the Lower East Side. They opened across from the Plaza, Crate and Barrel and FAO Schwartz. ”
No – but they opened in Soho and Meatpacking
and if we’re taking what magazines and newspapers say as gospel – isn’t Williamsburg “the next soho” (Barf)