Notorious Landlord Sells Park Slope Building For $12.7M: Report

PARK SLOPE, BROOKLYN — A real estate firm notorious for hazardous conditions in its buildings is selling a Park Slope walkup to another corporate landlord for $12.7 million, according to a new report.

Greenbrook Holdings last week inked a deal to sell 812 Eighth Ave. to the private equity firm Carlyle Group, The Real Deal first reported.

The Eighth Avenue building near Ninth Street was part of a settlement with Attorney General Letitia James last year that forced Greenbrook to pay a $100,000 penalty and dole out rent credits to tenants in their worst buildings.

James had launched an investigation into Greenbrook after its purchase of Prospect Park West building prompted its tenants to organize.

The building was one of more than 100 that Greenbrook gobbled up during a real estate market slump in the pandemic. Greenbrook told tenants in market-rate units before their leases would not be renewed, then renovated and flipped the apartments at rents three times as high, Brooklyn Paper first reported.

Tenants who stayed found themselves subjected to various forms of harassment, as well as pests, leaky roofs and all manner of issues that prompted nearly 2,000 violation from the city, prosecutors said.