Last week, The Brooklyn Eagle reported that the owners of 88 – 96 Clinton Street were launching an aggressive marketing campaign to attract potential buyers. The building, while within the Brooklyn Heights Historic District is outside of the zone restricting building height to 50 feet or less. The Eagle added that a potential sale aroused concern at the Brooklyn Heights Association who worry that a high rise could end up at that location.
In this week's Brooklyn Paper, Heights correspondent/journalistic super-vixen Christie Rizk reports that the building is not on the market:
Brooklyn Paper: Building Not For Sale: The owners of the two-story building at Clinton and Remsen streets denied a published report that they are about to sell the building — a story that created a panic across Brooklyn Heights that the building would be torn down for a 14-story tower.
It may someday become just such a building — a tower is legal under the current zoning, after all — but a representative of the owner told The Stoop this week that the building was not on the market.
“The owners just wanted to know [the value of] what they own, so they retained us to evaluate the possibilities,” said Barry Kimchy of the Marcus and Millichap real-estate firm.
The building, located at the corner of Remsen Street, is inside the historically protected section of Brooklyn Heights, but outside a zoning area that bars buildings rising above 50 feet.
As such, a buyer could construct something that would tower over the rowhouses of Remsen Street and obscure views all over the area.
The panic began after a newspaper reported that the owners had put the building up for sale for $22 million.
But Kimchy said the $22 million figure is merely an estimate of the building’s maximum value, and not an asking price.