Wow. Unbeknownst to us (and many of you, we assume), the Broken Angel and an adjacent lot has been being stealthily marketed for sale by Massey Knakal’s Michael Annunziata. As a result, the listing is not up on the web but we’ve seen the tear sheets on the prop. The Angel itself is at 4-6 Downing Street and sits on a 40-by-100-foot lot zoned for R6. At 13,000 square feet, the current building is actually overbuilt by about 4,000 square feet. The empty lot next door at 8 Downing is 20-by-100-feet. The properties are asking $1,400,000 and $425,000, respectively. One can only surmise that the cost of bringing the structure up to code has turned out to be too great for the Woods. Maybe they couldn’t get a loan against the property for some reason or maybe they just became overwhelmed with the whole thing. Regardless, the big question now is whether the person who ends up buying it will try to salvage some of the design and spirit of the former trolley factory or just erase the symbol of artistic freedom forever. Interested parties can contact Michael at 718-238-8999 x 6526.
Photo by silkcut.