NEW YORK, March 05, 2018 (GLOBE NEWSWIRE) -- Greystone Development, a New York-based real estate development company, today announced its 227 4th Avenue property has been recognized by the Park Slope Civic Council with an Evelyn and Everett Ortner Preservation Award for excellence in Exterior Restoration. Inaugurated in 2014, the annual awards celebrate and encourage construction projects that make a positive contribution to the appearance and unique identity of the Park Slope neighborhood.

Greystone Development worked alongside Daniel Goldner Architects and preservation experts Higgins Quasebarth & Partners and Walter B. Melvin Architects to restore the 1910 neo-Classical structure on 4^th Avenue, which was originally utilized as a public bathhouse. The preservation process, which began in 2014, included retaining and preserving as much of the original glazed brick, limestone and terra cotta façade as possible – close to 80 percent – while painstakingly restoring intricate and colorful ornamental details such as nautical-themed carvings and an elaborate cornice.

“We are honored that our collaborative team effort has been recognized by the community, and we truly enjoyed working alongside Higgins Quasebarth & Partners, Daniel Goldner Architects and Walter B. Melvin Architects to bring the structure back to life,” said Thomas Ryan, head of Greystone Development. “227 4^th Avenue’s beautiful facade will be a reminder of the grand history of Park Slope for many years to come.”  

The Evelyn and Everett Ortner Preservation Awards were presented to honorees on March 1.

About Greystone Development
Greystone Development is a full-service real estate developer. Since 1992, Greystone has acquired, repositioned and developed over $2 billion in properties nationwide spanning approximately 3.5 million square feet. Our portfolio is diverse, comprised of condominium, rental, office, retail, mixed use and healthcare properties. Greystone Development is currently developing 15 real estate projects in premier markets such as New York, Miami and Palo Alto. For more information, visit www.greystonedevelopment.com. Greystone Development is a part of the Greystone group of companies, active in real estate lending, investment and advisory. For more info, visit www.greyco.com.

PRESS CONTACT:
Karen Marotta
Greystone
212-896-9149
KMarotta@Greyco.com