tag:blogger.com,1999:blog-1541468051247516447.post4739223879751238370..comments2024-02-19T05:18:27.849-05:00Comments on <center>the Q at Parkside</center>: They're Just Bowling Now...Clarkson FlatBedhttp://www.blogger.com/profile/13463744536115119388noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1541468051247516447.post-59868814828263580332019-09-10T15:14:04.709-04:002019-09-10T15:14:04.709-04:00What a tangled real estate web we weave! These two...What a tangled real estate web we weave! These two sites are not unrelated: both are owned by the same group, nominally managed by Shmuel (Samuel) Wallerstein (he is the "manager" and authorized signer on most of the deeds and all of the underlying mortgages). He's patient too, having bought the five to-be-destroyed houses over four years, beginning with 160 Clarkson, which he got as an estate sale at the "bargain" price of only $1.225 million in May of 2016. 156 was the next to go, selling for $1.345 million in July of that year.<br /><br />The next two years were a quiet period for this group, with no new sales until summer of last year, when 158 went for $2.138 million on June 28, followed swiftly by 154 for $2.050 million on July 25.<br /><br />152 Clarkson was the last holdout, and final piece of this puzzle, but the owner finally gave in for $2.1 million on May 29.<br /><br />Interestingly enough, the plan for the new building here was disapproved by the DOB in August. Does this mean there's still hope? I doubt it - it will no doubt be resubmitted and eventually get through. In the meantime, demolition of all five has been approved.<br /><br />People may remember that 210 Clarkson was formerly owned by Albert Srour of Phat/Fat Albert fame (there used to be a Fat Albert store there too, until . He used some of that $20 million towards a building at 800 Avenue H, a 67-unit rental building near Brooklyn College, for which he paid $18 million in July.babshttps://www.blogger.com/profile/08365488181982105888noreply@blogger.comtag:blogger.com,1999:blog-1541468051247516447.post-45374665123245009382019-09-07T08:19:44.391-04:002019-09-07T08:19:44.391-04:00I agree with you Q. It saddened me to see what'...I agree with you Q. It saddened me to see what's going on in the neighborhood. I have a beautiful old victorian near me on Winthrop that was purchased by a developer. It will be gutted, and it will be replaced by 8 story building...shame. Anonymoushttps://www.blogger.com/profile/02457515855452128216noreply@blogger.com