Guttman Cornering the Market at Willoughby and Flatbush

In a comment thread on one of last week’s posts, a reader makes a convincing argument that Joshua Guttman, through two separate LLCs, is close to controlling the entire block just south of the Toren:

I did a little more poking around re: the square block next to Toren. Looks like two seperate LLCs have gradually acquired all but the NYC Transit building lot next to the car wash and the Girls and Boys home lot @ corner of fleet and Willoughby – one LLC now owns the car wash and the adjacent parcel to the east, the other LLC owns everything else. So walking around the block starting at the NYC Transit building and heading southeast, LLC 1 owns the first 2 lots, then you have the Girls/Boys home, then LLC 2 owns everything else all the way around until you get back to the NYC Transit building. The car wash sold in 2007 so this still looks to be a work in progress. It would seem that one of the two LLCs would make a play for the Girls/Boys home lot as well. I’d give these buildings 5 years more, mas o menos.

So there you have it. GMAP

By Brownstoner |