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A couple of weeks ago we reported that 40 Acres and a Mule, Spike Lee’s production company, had moved out of its Fort Greene headquarters of the past 22 years. Now, it turns out, the owner has put the three-story former firehouse on the market for a staggering $6,000,000. We realize the place has the fame factor going for it, but you’d have to be pretty star-struck to shell out $1,000 a foot for something that doesn’t even have much interior charm going for it and is across the street from the hospital entrance. The aggressive asking price also kinda makes you wonder wonder whether Spike decided to leave or was forced to.
124 Dekalb Avenue [Citi Habitats] GMAP
Spike Pulls Plug on Dekalb HQ [Brownstoner]
Spike’s Gone But 40 Acres and a Mule Lingers On [Brownstoner


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  1. Have you been inside the building lately? Your quote ” for something that doesn’t even have much interior charm going for it” I’d be more than happy to show you and talk. Call me!

  2. Have you been inside the building lately? Your quote ” for something that doesn’t even have much interior charm going for it” I’d be more than happy to show you and talk. Call me!
    Coyote

  3. Check out ACRIS — the City of NY sold it in 1981 to Coyote Nine Realty, granting it a mortgage for $65,833 at 12%. Coyote Nine sold it to Forty Acres and a Mule in 1990 and made it a mortgage for $1.7 million (Jose Graniela was listed as presidentof Coyote Nine). In 1998 Forty Acres and a Mule re-transferred the property to Coyote Nine Realty, which at that time had an office address upstate although heretofore it had been domiciled at 124 Dekalb. The deed says that it was granted “in lieu of foreclosure” and it’s signed by Shelton J. Spike Lee.

    So what’s up here — Spike defaulted on his mortgage in 1998 and gave the thing back?

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