retail / residential

Midtown Equities acquired 200 Montague Street from HSBC Bank in 2007. The property is located at the heart of Brooklyn's downtown and on the borough's strongest retail banking corridor. Formerly a 4-storey building with a retail branch at the base, the city and Landmarks Preservation Commission approved the developer’s plans to demolish the building in favor of a 20-storey rental building with ground floor and below-grade retail. The new building will consist of polished black granite, charcoal grey aluminum window frames, perforated bronze-toned aluminum elements below each window and setback levels, and light-grey-painted aluminum surrounding the bulkhead mechanicals at the roof level.