By Sabina Mollot
Two years ago, a Gramercy building that was once home to the NYPD’s 21st Precinct was sold to developer Sam Suzuki, who planned to convert the building to luxury condos.
However, the building, located at 327 East 22nd Street, is now scheduled to be sold at a public auction on Thursday, June 30 at 11 a.m. The upcoming sale, which was mentioned in a public notice in the New York Times, will take place at the New York County Courthouse and is being facilitated by Mission Capital Advisors. In the notice, the property is referred to as “SCPD Gramercy 1 LLC.”
In April, 2014, Suzuki bought the four-story building between First and Second Avenues for $11.5 million, securing an $18 million mortgage. As a condition of the sale, Suzuki also got 7,000 square feet of air rights. In February of 2015 the owner got a permit to demolish the property. However, today it still sits — at least the outside of it — boarded up and covered by a scaffolding. The permit to fully demolish the building expired this February, and the owner hasn’t since filed for a new one.
Prior to this, the building was used as a home for LGBT young people, and run by Green Chimneys, a nonprofit based in Brewster, New York, that owned the building.