Indy bank condo plan put on hold

The Brooklyn Paper
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A plan to convert a historic Cobble Hill bank into a six-story luxury condo was temporarily derailed on Wednesday when city landmarks officials took issue with the developer’s bid to tear down an annex to the landmarked, 83-year-old Renaissance revival-style bank.

Landmarks Preservation Commission spokeswoman Diane Jackier said the panel believed that the condo could be built without demolishing the annex and other historic details.

The developer, Two Trees Management, would preserve the main hall of the 1922 Independence Bank building at Atlantic Avenue and Court Street, but add six stories on top. Its architect says he can’t redesign without sacrificing the annex.

Community Board 6 has repeatedly rejected the developer’s proposal, objecting to its height and style.

The new limestone-and-brick building would rise 60-feet, violating the 50-foot limit of the Cobble Hill Historic District.
Assemblywoman Joan Millman (D-Brooklyn Heights) said the building “will only serve to encourage other developers to flout regulations” of the historic district. .

Updated 4:00 pm, November 10, 2010
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