By Courtney Dentch
The building at 92-20 164th St., owned by notorious real estate heiress Rita Stark, was put in foreclosure proceedings and a public auction had been planned for Friday, April 30, but a last minute payment put off the sale, said a spokeswoman for JE Roberts, the company handling the transaction.
“The auction has been postponed, and no new date has been set,” the spokeswoman said.
It was unclear how much of the more than $22,000 owed in property tax arrears and other fines was paid, she said.
Stark, who lives in Jamaica Estates, could not be reached for comment.
Stark manages the properties she inherited from her father in 1988, including the Long Island Press building, from the Fred Stark Realty office at 198-10 Jamaica Ave. in Hollis.
According to city Department of Finance records, Stark owes more than $22,000 in property taxes on the three-story brick building. The city sold a lien on the building to the Bank of New York, which in turn enlisted the Connecticut-based JE Roberts company to try to collect on the back taxes. JE Roberts scheduled the foreclosure auction for Friday, but owners are allowed to make payments on taxes and fees owed right up until the auction in order to block the sale, a spokeswoman said.
The 25,000-square-foot Long Island Press building, valued at just under $900,000, is listed under the name of Rita Stark's father, Fred, according to city records. Rita Stark was named executrix of her father's estate after his death.
The Long Island Press newspaper operated out of that building until it closed in the mid-1970s. The building has been vacant since, and most of the outside windows have been boarded up.
The building has 31 open violations, including complaints that the building was left open and vacant, that the stability of the roof was affected and that the elevator was not up to code, according to the city Department of Buildings.
And while developers and business leaders who have eyed the decaying building for years hoped the foreclosure auction would go ahead as planned, experience has taught them not to hold their breath.
The city sold liens against the property to collect the taxes in 1999 and 2001, according to the Department of Finance Web site, but each time Stark paid the money owed to clear the title.
Reach reporter Courtney Dentch by e-mail at TimesLedger@aol.com, or by phone at 718-229-0300, Ext. 138.
