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Brooklyn's Tallest Turns Condo

Wednesday, May 18, 2005

The Williamsburg Savings Bank, Brooklyn's tallest building, will soon be home to those who can afford the view. WNYC's Dan Blumberg reports.

The historic building's tower will host more than 200 condos. Current owner, HSBC, sold the landmark to a local developer and an investment firm that is partially controlled by former basketball great Magic Johnson.

A spokesman for the buyers says they will not touch the murals in the lobby, and will work with the landmark commission to preserve the building's character. The stately building was completed in 1929. It's near the Brooklyn Academy of Music and its distinctive dome is visible from much of Brooklyn.

It's among several historic buildings around the city that have recently announced they are going condo, including the Met Life Building at Madison Square Park and the Plaza Hotel.

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