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Parkway sale rescheduled

The closing date for the sale of the former Parkway Hospital property is scheduled for early May.
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The sale of the former Parkway Hospital property has been delayed again, with the closing date now scheduled for May 5.

A limited liability company staked its claim to the Forest Hills property, at 70-35 113th St., by placing the winning $22 million bid during a Jan. 10 foreclosure auction.

The referee assigned to the foreclosure case, Joseph Risi, said the company, 70-35 113th St. LLC, paid the required 10 percent down payment.

But Risi and City Councilwoman Karen Koslowitz’s (D-Forest Hills) office said the company was given extensions for closing on the sale several times as it apparently struggled to come up with the financing.

An attorney for Auberge Grand Central LLC, which holds the mortgage on the property, said the closing, most recently scheduled for last week, has been postponed until May 5.

Since the state Commission on Healthcare Facilities shut the hospital in 2008, the Forest Hills building has racked up several violations with the city Department of Buildings. Some neighbors have complained graffiti and wear have transformed it into an eyesore.

Koslowitz’s office said she attempted to meet with the prospective owner twice, but the LLC’s representatives canceled the first meeting and showed up an hour and a half late to the second.

Paperwork filed with the state shows the LLC shares the same mailing address as Park 121 Realty LLC and Babad Management Co. LLC, both of which appear to be affiliated with landlord Chaim Babad.

Babad did not return multiple calls for comment.

Reach reporter Sarina Trangle at 718-e260-4546 or by e-mail at strangle@cnglocal.com.

Posted 12:00 am, April 25, 2014
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