Remember 72 Poplar Street? A quick refresher: the old Brooklyn Heights police station was sold at auction back in 2004 for a whopping $9.6 million. The buyer put down a non-refundable (ouch) $1.9 million deposit before realizing that the building was in a landmark district and that the Landmarks Preservation Commission wouldn't approve the proposed condo conversion. (And even if it had made it through the LPC gauntlet, there were also aesthetic, er, issues with the renderings.) So the unlucky owner, Regal Investments, put the building back on the market for $12 million last year. The building has just changed hands again, Brownstoner reports, with buyer the Daten Group paying $7.5 million for the property. The buyer's rep says a residential conversion is in the cards. Let's hope history won't repeat itself, at least when it comes to the renderings.
· Former Heights Precinct House Sells for $7.5M ['Stoner]
· Today's Nominee for Worst Rendering in Human History· Brooklyn Auction Update: Caveat Emptor [Curbed]