Wednesday, June 03, 2009

Squatters move in after $16 million Park Slope Armory renovation remains unused.

14th Street Derelicts in Residence

This tip comes to us from our good realtor friends at Acorncoran, whom apparently have an exclusive on this historic NYC landmark property.

Not one to waste an opportunity, it seems this couple has set up home directly over the newly replaced stone steps at the main entrance to the renovated $16 million Park Slope Armory Sports Facility. We are not sure how long these squatters have been living off that fixture, but judging by the guano pile, it's been awhile-- months, almost a year maybe. Coincidentally, that's just about how long the Armory has been left vacant and unused, while the powers that be figure out a way to run this facility and pay the bills at the same time.

As our broker friend points out, vacant poorly maintained buildings are not only unsightly and unattractive, they greatly reduce the value of neighboring properties.

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