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March 12, 2007
Yowza! The Lamm Institute's For Sale
The Lamm Institute, Charles Hough's turn-of-the-century nod to Paris, is for sale through Grubb & Ellis, though no information is available on the firm's website. The 13,750-square-foot build at the corner of Amity and Henry has been owned by the Long Island College Hospital since Henry Maxwell built it as a nurse's residence in 1902. What do you think the price will be? There's another 14,625 square feet of buildable space to play with.
Architecture 101: Amity Street Delight [Brownstoner]GMAP P*Shark
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Comments
you have the wrong property shark link, this building is 361 henry and is way underbuilt.
Posted by: anon at March 12, 2007 10:50 AM
it's actually 110 amity st.
Posted by: what bubble? at March 12, 2007 11:11 AM
whoops. good catch. You're both right: the address is both 361 Henry and 110 Amity.
Posted by: brownstoner at March 12, 2007 11:23 AM
Didn't he give up Reggie Jackson's third homerun in game 6 of the 1977 World Series?
Posted by: PPSer at March 12, 2007 12:49 PM
Forget about adding a couple of stories to this building, it is in the Cobble Hill Historic District and I doubt anything other than a very modest rooftop addition will ever be permitted.
Posted by: serge at March 12, 2007 2:14 PM
If the finishes are nice that building could pull $1000 sq foot
Posted by: greg at March 12, 2007 2:27 PM
I'm not sure about the finishes, they might be a bit institutional/dour. But it is old fireproof construction, solid as a rock.
Posted by: serge at March 12, 2007 2:49 PM
Brownstoner is way late on this property...it's in contract
Posted by: Anonymous at March 12, 2007 3:08 PM
I want to like this building but it's really blocky and awkward in the way a lot of these institutional buildings are that are aping some historical style. They'd never build something like this at the Place des Vosges. I also can't imagine the finishes are that nice--dour is a very likely prognosis.
Posted by: Scott at March 12, 2007 3:19 PM
The Place des Vosges is exactly what the facade reminds me of. Except with the arcades.
Posted by: Serge at March 12, 2007 3:24 PM
I worked at Lamm, though not in this building. The place is completely falling apart inside and will have to be gut-renovated. Don't think there were many details to begin with, it's insitutional and very poorly maintained.
Posted by: Anonymous at March 12, 2007 8:15 PM
Sounds like inside dealing to me. If the property was on the market then I want to know for how long, who was the broker and what was the original listing price. Something seems very fishy to me. I went by the building today and - "presto" - the "for sale" sign is gone!
This is a beautiful building and I'm a little surprised that they went with this broker and for some Godforsaken reason no one knew of the sale. Seems very very fisher....
Posted by: Anonymous at March 12, 2007 8:17 PM
Doubtful it was on for long. We got two tips about it on Thursday--that was the first we'd heard...Unlikely all the Cobble Hillers would have let that go by for long without an email...
Posted by: brownstoner at March 12, 2007 9:55 PM
Does anyone know the listing and contract price? I'm dying to find out!
Posted by: Anonymous at March 13, 2007 4:36 AM
north of $6 million
Posted by: Anonymous at March 13, 2007 11:35 AM
today's Brooklyn Eagle reports that this building and adjoining parcel was advertised as being appropriate for a new 9000 sq ft bldg being purchased for $6.1M by 'Lucky Boy Development'.
No info on who this company is.
Lamm bldg is landmarked.
Posted by: Anonymous at March 14, 2007 11:16 AM
Does anyone care that Long Island College Hospital closed a fifty year old Institution that served Developmentally challenged individuals so they can reap profits in the real estate market? A Hosptal with a heart?
Posted by: Anonymous at March 15, 2007 6:56 PM
Clearly a Continuum Health Partners modus operendi, selling off prime real estate to pay the fat salaries of their administrators. They did it on the upper east side as well
Posted by: Anonymous at March 16, 2007 11:56 AM
Brooklyn Papers current issue says condo. But don't really back it up with further info.
Posted by: Anonymous at March 19, 2007 7:50 PM
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