340 Flatbush Avenue
340 Flatbush Avenue is a proposed supertall residential skyscraper planned for Brooklyn, New York by JDS Development and the Chetrit Group. If completed it would become the tallest structure in New York City outside Manhattan, as well as the first supertall building in Brooklyn, and the second in New York City not in Manhattan, after Queens Plaza Park.
History
340 Flatbush will incorporate the historical Dime Savings Bank building, which JDS and Chetrit finished acquiring in late 2015. The Dime Savings Bank building was previously owned by J.P. Morgan Chase and was used as a bank branch. The building was sold for $90 million, and was first placed on the market in late 2014. Originally, developers planned to acquire the building occupied by Junior's, a cheesecake restaurant, to use its air-rights. However, Alan Rosen, the owner, turned down a $45 million buyout, as well as a later deal for less that would have included retail space in the new building.
Plans for the structure were first filed in mid-2014, calling for a seventy story, 775 foot building, also designed by SHoP Architects. The building will mark the second collaboration between JDS and SHoP, after 111 West 57th Street.