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Dental damn! Bank bldg. office space price cut

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The price of a gigantic office suite at One Hanson Place — the former Williamsburgh Savings Bank office tower that’s being converted into luxury condos — has been slashed by nearly 10 percent from the previous asking price of $17 million.

Now, for a mere $15.4 million, a buyer can purchase portions of floors one through six and the entire seventh floor of the tallest building in Brooklyn, — which was once epicenter of the borough’s dental trade.

All cash offers for the space were originally due by May 30. But Ronald Solarz, the executive director of Eastern Consolidated, which is brokering the space for the developer, the Dermot Company, said “the property is still for sale.” He said buyer could range from “an investor type who wants to be a landlord [or] a user, possibly a dentist who wants to put his office there and at the same time wants to have an investment.

“The [lower price] is a way for the ownership to indicate its seriousness about making a deal in the near future,” Solarz added. “It’s a very focused and committed seller.”

But Roslyn Huebener, of Aguayo and Huebener Realty, said the price-slashing indicated that investors weren’t confident they could profit from buying the space and then renting it out.

The huge 32,000-square-foot space contains 15 medical suites “carved out…to relocate and consolidate existing medical and dental practices formerly in tenancy throughout the building.”

The commercial condominium would have an entrance on Ashland Place, around the corner from One Hanson Place’s grand entrance.

Huebener said maintaining some of the building’s storied medical history — it was once home to 150 dentists and physicians — was important.

“I would hope that some of the old doctors and dentists would be coming back,” said Huebener. “I used to go to a doctor there.”

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Reader Feedback

Dan says:
Here's hoping dentists and physicians from the past decide to return to One Hanson. I'll forever associate this beautiful building with visits to my dentist.
Sept. 29, 2007, 2:04 am

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