Parkway going back to auction

From the Times Ledger:

The former Parkway Hospital property appears to be bound for another auction.

A limited liability company that staked out the 70-35 113th St. property with a $22 million bid during a Jan. 10 foreclosure auction opted not to move forward with the sale, according to Joseph Risi, the referee assigned to the foreclosure case.

Risi said 70-35 113th Street Holdings LLC paid the required 10 percent down payment, but never handed over the remainder of the bid.

Auberge Grand Central LLC, which holds the mortgage on the Forest Hills property, granted the LLC more time to complete the sale after the 30-day window for closing passed.

Risi said the 56,400-square-foot lot would likely be put up for auction again while the court decided where the $2.2 million deposit should be directed.

As of Wednesday, 70-35 113th Street Holdings was not registered with the state. The potential new owners never disclosed their identities publicly.

City Councilwoman Karen Koslowitz (D-Forest Hills) said she tried to organize two meetings with the LLC to discuss its plans for the property. She said the company’s representatives asked to reschedule the first meeting and showed up an hour and a half late to the second.

“I had to leave, so I didn’t sit down with them,” said Koslowitz, who declined to disclose the representatives’ identities because she was unsure if they would assume ownership of Parkway. “I want to know what’s going to be there because right now the building is an eyesore.”