NEW YORK CITY—Tavros Development Partners and Charney Construction and Development are building a large mixed-use structure that will be called The Dime. The name comes from the historic Dime Community Bank, housed in an 1864 neoclassical building, which will be at the base of the new construction.
The property, located at 208 Havemeyer St. in Williamsburg, Brooklyn, is near the Williamsburg Bridge, close to both the waterfront and the commercial corridor of Bedford Avenue.
The 22-story tower will comprise 177 apartments, 100,000 square feet of office space, 55,000 square feet of retail, and a parking garage. Tavros and Charney received a $150 million construction loan from Square Mile Capital Management.
JLL's Aaron Appel, Jonathan Schwartz and Mark Fisher arranged the construction financing.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
