100 Clark Street on the Block

634061396127300287_slideshowBrownstoner reports that 100 Clark Street, which risked demolition by dereliction in 2008, is on the block.  Massey Knakal is handling the listing.  There’s no listing price, but they are taking bids.

The listing also includes a nifty “artist’s conception” of what the property would look like with a little TLC  errrrr…. make that a ton of cash and lots of patience.

Massey Knakal: A 25’x78’ level, partially demolished brownstone, situated at the corner of Clark Street & Monroe Place, in Brooklyn Heights. In May 2008, the City of New York partially demolished the 1852 (circa) 5-story brick & wood walk up apartment building on the grounds of unsafe building conditions. Three rent stabilized tenants on record who are governed by the DHCR were removed from the premises and relocated, due to a vacate order. The three tenants retain occupancy rights; however preliminary settlement papers were drafted for them to permanently vacate.
On May 22nd, 2009, there was a lawsuit commenced against the City of New York’s DOB, Landmarks Preservation Commission, HPD, as well as Ferrco Engineering, A. Russo Wrecking Inc., and Lakhi General Contractor Inc. seeking equitable relief and money damages totaling $18,000,000 plus the recovery of legal fees for the improper demolition of the property. There is significant upside for a buyer to carry out the lawsuit or settle and redevelop the property into a single family or multi-family.

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  • my2cents

    Prime candidate for BHB readers clubhouse!

  • nabeguy

    Where;’s the considerable upside to joining in on a suit seeking damages far beyond the property value? The next sound you hear will be the one of me scratching my head,

  • milton

    they have the approvals to build such a lovely, and large, new building on that site. I hope they can settle with the 3 rent-regulated tenants and just get on with it. Those 3 people are actually holding the entire neighborhood ransom if you think about it. I don’t begrudge them, they should get a reasonable compensation, but for heavens sake just get on with it, don’t hold out for a crazy settlement. Dragging it out will only enrich the attorneys. I hope the 3 understand that.

  • Andrew Porter

    There are many acerbic comments on the Brownstoner website attacking the so-called evils of rent control and rent stabilization (which many posters erroneously think are the same thing). I believe the people forced to vacate the building lost all their possessions when the building was emptied; likely that’s a bone of contention among the parties.

    Is the house next door, at 3 Monroe Place, still for sale? I would imagine that anyone looking at that property would flee in terror when confronted by the horror next door.

  • jorale-man

    This should really stand as a cautionary tale for other buildings in the Heights that have been left to dereliction (194 Columbia Heights, etc.). The question is, even if a buyer could sort through the legal mess, what if anything, is salvageable in the building itself?

  • David on Middagh

    @milton: Are you saying that the former tenants are the ones suing for $18m? Or just that they are holding things up? The big suit seems to be coming from the owner, no?

  • nabeguy

    David, the tenant situation and lawsuit are different issues. The lawsuit is being filed by the owners for what they deemed “improper demolition of the building”. If you recall the facts of the case, this happened over Memorial Day weekend when someone noticed a hugh vertical crack in the wall on the Clak Street side of the building. Upon inspection, the DOB deemed the building inhabitable and on the verge of collapse and ordered an emergency tear-down. As it was a holiday, the off-site owners were not available to be reached. By the time they did found out about the demo, the filed an injunction against the city to halt any further destruction. As this entire case hinges on the DOB’s determinations, this could be a long, drawn out suit.