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Home Premium Content

New owner, new prospects for old bank

John Golden by John Golden
November 25, 2013
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Principals of GHP Office Realty in Harrison hope to capitalize on Westchester”™s growing restaurant and retail market with their recent purchase of 81 Main St., a vacant and architecturally distinctive bank building in Dobbs Ferry.

81 Main St.
81 Main St.

An affiliate of GHP, the office building division of Houlihan-Parnes Realtors L.L.C., paid about $411,000 to acquire the approximately 5,000-square-foot bank from First States Investors TRS, L.P., according to Westchester County land records.

Built in 1923, the bank features 36-foot-high vaulted ceilings, plaster detailing and an intact vault. Its architecture could serve as “a priceless backdrop” for a restaurant, bar or high-end professional suite, GHP and Houlihan-Parnes principals Andrew Greenspan and James J. Houlihan noted in a press release.

The property also could be redeveloped for retail and rental residences, they said.

Greenspan brokered the deal, assisted by company leasing associates Bryan Houlihan and Brendan Hickey.

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