Brooklyn developer demands $1M from community gardeners

The developer picked up the land for peanuts late last year

TRD New York /
Aug.August 17, 2014 11:00 AM

A small-time Brooklyn developer is demanding $1 million from Crown Height’s locals to keep their community garden.

Steve Billings of TYC Realty claims the sale price of a corner plot on Rogers Avenue in Crown Heights is anywhere from $500,000 to $1 million — Billings paid just $10, that’s right $10 — for the lot in November, according to property records cited by the New York Post.

The garden was created when locals were given permission to tear down an abandoned hardware store in 2006. At the time, neighbors where unable to reach the property’s 78-year-old owner, Dudley McLachlan, about buying the land.

But Billings found McLachlan’s daughter and struck a deal. And as of July 1, the property had $8,580 in unpaid tax liens.

Locals offered Billings $15,000 for the 1,710-square-foot plot, but he is now demanding $1 million.

“This developer is attempting to get $1 million from taxpayers, volunteers and nonprofit donations for something [he] paid nothing for,” fumed volunteer Emily-Bell Dinan. “Despicable!” [NYP]Christopher Cameron


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
78 Morton Street and 25 Columbus Avenue (Google Maps, Corcoran) 

Four townhouse deals boost Manhattan’s luxury market

Four townhouse deals boost Manhattan’s luxury market
Alexandria Real Estate Equities founder Joel Marcus and Alexandria Center for Life Sciences (Getty, Google Maps)

Life-sciences sector proves safe haven for landlords

Life-sciences sector proves safe haven for landlords
Sen. Michael Gianaris (Getty)

New York pols take aim at Opportunity Zones

New York pols take aim at Opportunity Zones
Gap Senior Director of Real Estate Jennifer Rondholz, Morgan Stanley Prime Property Fund head Scott Brown and 170 Broadway (Linkedin, Google Maps)

Lower Manhattan retail condo squeezed by lender as Gap refuses to pay rent

Lower Manhattan retail condo squeezed by lender as Gap refuses to pay rent
Agents see sales surge and New Yorkers escape to the suburbs (iStock)

New Yorkers reckon with the suburbs. And agents rejoice

New Yorkers reckon with the suburbs. And agents rejoice
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...