On Monday, October 12, the web site DNAinfo reported that the City’s Department of Buildings has granted permits for the demolition of the Green Point Savings Bank building at 856 Washington Avenue. Its owner intends to replace the building with a 14-story condominium. The new tower is allowed under the lot's current R8X zoning, which wraps around Washington Avenue from Eastern Parkway.

The Green Point Savings Bank building was designed by architect Francis George Hasselman (1877-1932) and completed in 1928. Hasselman is known for designing Rosemary Hall, ca. 1904, Old Westbury, NY; Anderson Park, ca. 1910, Montclair, NJ; In-the-Oaks, 1923, Asheville, NC; and the Spring Brook House, 1904, Morristown, NJ. The latter two buildings are listed on the National Register of Historic Places.