Catholic group wants to sell eight-acre Staten Island site

Property was once the estate of architect Ernest Flagg

New York /
Jan.January 17, 2018 06:26 PM

209 Flagg Place in Staten Island (Credit: Google Maps)

The St. Charles Seminary filed a petition in New York State Supreme Court to sell an eight-acre site in Staten Island for $10.4 million.

The property at 209 Flagg Place was once the estate of the architect Ernest Flagg and includes a landmarked mansion designed by Flagg, along with a fieldstone water tower that was once a windmill.

The order that runs the seminary, the Pious Society of the Missionaries of St. Charles Borromeo, has been in talks with the buyer since 2006, but the deal was stalled by development setbacks and ensuing lawsuits, according to the petition.

The parties agreed to resolve the lawsuit on the condition that St. Charles sell to the buyers, Stone Court Developers. The development opportunities for the vacant property are limited because a two-acre portion of the site, called Stone Court, is landmarked, and because the area is zoned for single-family housing.

St. Charles moved to Manhattan several years back, and operates out of a building on 27 Carmine Street. They also purchased a six-story building at 307 East 60th Street in 2013 for $8.25 million.

Flagg, a famed architect, is best known for designing the Singer Building in Manhattan, which was the tallest building when it was built in 1908, and the Corcoran Gallery of Art in Washington D.C.

A spokesperson for the St. Charles Seminary was not immediately available for comment.


Related Articles

arrow_forward_ios
Napa Valley hot-air-balloon business lists for $12M
Napa Valley hot-air-balloon business lists for $12M
Napa Valley hot-air-balloon business lists for $12M
A photo illustration of the proposed Lower Platte River Corridor (Getty, Plan Preserve Play NE)
Nebraska lawmakers mull digging $1B recreation lake
Nebraska lawmakers mull digging $1B recreation lake
Illustration of Stefan Soloviev (HaydenSoloviev, CC BY-SA 4.0, via Wikimedia Commons, Getty)
Soloviev bets long-dormant Midtown East site in casino sweepstakes
Soloviev bets long-dormant Midtown East site in casino sweepstakes
CHIP's Jay Martin and HCR Commissioner RuthAnne Visnauskas (Getty)
Lies, damn lies, and statistics: Did rent-stabilized vacancies really fall?
Lies, damn lies, and statistics: Did rent-stabilized vacancies really fall?
PulteGroup's Ryan R. Marshall and RedFin's Glenn Kelman (PulteGroup, RedFin, Getty)
Wall Street is bidding up housing stocks again
Wall Street is bidding up housing stocks again
Empire Capital Holdings' Josh Rahmani, Hakimian Capital's Michael Hakimian, RXR's Scott Rechler and 1330 6th Avenue (Getty, Hakimian Capital, Empire Capital Holdings, 1330aofa.com)
Empire Capital, partners close on $320M deal for 1330 Sixth Ave
Empire Capital, partners close on $320M deal for 1330 Sixth Ave
Urban Commons' Salvatore G. Takoushian with Wagner at the Battery
Urban Commons puts FiDi hotel into bankruptcy
Urban Commons puts FiDi hotel into bankruptcy
(Illustration by The Real Deal; Getty)
Multifamily faces stricter emission caps
Multifamily faces stricter emission caps
arrow_forward_ios

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

Loading...