Controversial Student Housing Landlord Now Tied to East Side Property Slated to be Suboxone Clinic
Friday, March 22, 2019
GoLocalProv News Team and Kate Nagle
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The 150 Lloyd property as of March 2019. Photo: GoLocalProv
The controversial property at 150 Lloyd Avenue on the East Side of Providence —
once slated to be a Suboxone clinic, to the opposition of neighbors — now has ties to a noteworthy landlord — Walter Bronhard.
Bronhard, who GoLocalProv.com featured in “Who is the Man Buying Up Providence’s East Side?” in 2017, owns a substantial number of student and rental properties on the East Side.
City of Providence records show that 150 Lloyd was sold on February 8 from “Oxford Investments LLC” to “150 Lloyd LLC” for $1.9 million — an increase of $300,000 from when the former ownership group, which was headed by a convicted former mob drug dealer — purchased the property from Deborah Zaki in 2016.
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And while “150 Lloyd LLC” yields only the registered agent of Montalbano, Belliveau, and St. Sauveur LLP in the state’s corporations database, the city’s tax assessor lists the new LLC’s address as 4 Woodland Terrace — which is owned by Bronhard.
Latest for Controversial Property
In December 2016, GoLocalProv was first to report on the developments at 150 Lloyd in “Historic East Side Mansion of Murdered Dr. Is Being Turned in Suboxone Clinic:”
One of Providence’s most acclaimed historic mansions is being transformed into a suboxone clinic. The mansion, on the corner of Lloyd Avenue and Thayer Street on the East Side, was purchased last April by Oxford Investments, whose corporate manager is Johnston resident Richard Dion. The mansion was purchased for $1.6 million from Deborah Zaki.
Zaki is the widow of Hani Zaki, who was murdered in 2001 and the crime has never been solved. He was killed in his home on Prospect Street — just two blocks up the street from the Lloyd property.
GoLocal also reported that the developer was convicted mob drug dealer Ricky Dion.
SEE BRONHARD'S REAL ESTATE HOLDINGS BELOW
The elegant yellow brick Tillinghast Mansion on the corner of Lloyd and Thayer Street is being transformed into a Suboxone clinic by one of Rhode Island’s most notorious criminals.
Richard Dion, who manages the corporation Oxford Investment which purchased the East Side mansion where the drug treatment facility is being advertised, is a former Providence Police officer, has deep ties to organized crime, and in 1999 was convicted by federal prosecutors for cocaine dealing, extortion, and racketeering.
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The defaced "Suboxone Coming Fall 2018" sign on the corner of Lloyd and Thayer is still present.
Neighbors of the property voiced their opposition to a suboxone clinic in the residential neighborhood, with the
Elorza Administration and former Councilman Sam Zurier defending its legality — but nothing ever came of its development -- but the sign announcing "Suboxone" is still present on the property.
Who is Walter Bronhard?
Bronhard's involvement -- and intent -- for the property remains to be seen.
Bronhard's holdings are not limited to the East Side. According to city records, he once owned the historic multi-million dollar Telephone Building on Union Street downtown, but sold that property in March of this 2017. The five-story was rehabbed into top level apartments.
As GoLocal previously reported:
While some of the properties are leased as luxury properties, others are marketed to college students - and the condition of those properties are among those that have come under criticism from neighborhood groups.
His real estate holdings often attract legal wranglings, as Bronhard is involved in dozens of lawsuits with him suing existing and former tenants - and tenants suing him.
“CHNA is currently investigating anti-slum-lord ordinances in other cities in hopes of sponsoring legislation to give the building department broader authority to inspect interior spaces based on repeat violations reported about the exterior,” said Josh Eisen, President of the College Hill Neighborhood Association.
Related Slideshow: Walter Bronhard Providence Real Estate - As of 2017
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19 Benefit Street
Location: East Side of Providence
Category: Residential
Appraised Value: $447,500*
* Appraised Value of the City of Providence
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34 Benefit Street
Location: East Side of Providence
Category: Residential
Appraised Value: $1,155,700*
* Appraised Value of the City of Providence
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110 Benefit Street
Location: East Side of Providence
Category: Residential
Appraised Value: $842,500*
* Appraised Value of the City of Providence
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122 Benefit Street
Location: East Side of Providence
Category: Residential
Appraised Value: $688,300*
* Appraised Value of the City of Providence
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161 Benefit Street
Location: East Side of Providence
Category: Residential
Appraised Value: $1,073,900*
* Appraised Value of the City of Providence
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12 Cady Street
Location: East Side of Providence
Category: Residential
Appraised Value: $460,100*
* Appraised Value of the City of Providence
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280 Benefit Street
Location: East Side of Providence
Category: Residential
Appraised Value: $599,500*
* Appraised Value of the City of Providence
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308 Benefit Street
Location: East Side of Providence
Category: Residential
Appraised Value: $887,700*
* Appraised Value of the City of Providence
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344 Benefit Street
Location: East Side of Providence
Category: Residential
Appraised Value: $630,400*
* Appraised Value of the City of Providence
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372 Benefit Street
Location: East Side of Providence
Category: Residential
Appraised Value: $521,400*
* Appraised Value of the City of Providence
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376 Benefit Street
Location: East Side of Providence
Category: Residential
Appraised Value: $668,400*
* Appraised Value of the City of Providence
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378 Benefit Street
Location: East Side of Providence
Category: Residential:
Appraised Value: $673,200 *
* Appraised Value of the City of Providence
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167-169 George Street
Location: East Side of Providence
Category: Residential
Appraised Value: $389,700 *
* Appraised Value of the City of Providence
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23 James Street
Location: East Side of Providence
Category: Residential
Appraised Value: $503,200
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266 Wickenden Street
Location: East Side of Providence
Category: Residential:
Appraised Value: $583,800*
* Appraised Value of the City of Providence
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169 Waterman Ave
Location: East Side of Providence
Category: Residential
Appraised Value: $593,800*
* Appraised Value of the City of Providence
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112 Keene Street
Location: East Side of Providence
Category: Residential
Appraised Value: $852,000*
* Appraised Value of the City of Providence
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240 Bowen Street
Location: East Side of Providence
Category: Residential
Appraised Value: $497,900
Zillow: $752,344
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89 Angell Street
Location: East Side of Providence
Category: Luxury
Appraised Value: $1,591,700 *
* Appraised Value of the City of Providence
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182 Angell Street
Location: East Side of Providence
Category: Luxury
Appraised Value: $1,028,300
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136 Benefit Street
Location: East Side of Providence
Category: Luxury
Appraised Value: $192,700 *
* Appraised Value of the City of Providence
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296 Benefit Street
Location: East Side of Providence
Category: Luxury
Appraised Value: $822,900 *
* Appraised Value of the City of Providence
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302 Benefit Street
Location: East Side of Providence
Category: Luxury
Appraised Value: $758,400 *
* Appraised Value of the City of Providence
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314 Benefit Street
Location: East Side of Providence
Category: Luxury
Appraised Value: $1,366,500 *
* Appraised Value of the City of Providence
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350 Benefit Street
Location: East Side of Providence
Category: Luxury
Appraised Value: $654,300 *
* Appraised Value of the City of Providence
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335 Angell Street
Location: East Side of Providence
Category: Luxury
Appraised Value: $808,800 *
* Appraised Value of the City of Providence
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108 Waterman Street
Location: East Side of Providence
Category: Luxury
Appraised Value: $1,661,000 *
* Appraised Value of the City of Providence
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110 Waterman Street
Location: East Side of Providence
Category: Luxury
Appraised Value: $1,047,300*
* Appraised Value of the City of Providence
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28 Pitman Street
Location: East Side of Providence
Category: Luxury
Appraised Value: $524,800
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140 Pitman Street
Location: East Side of Providence
Category: Luxury
Appraised Value: $4,212,000*
* Appraised Value of the City of Providence
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72 Prospect Street
Location: East Side of Providence
Category: Luxury
Appraised Value: $1,279,300*
* Appraised Value of the City of Providence
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5-7 Euclid Street
Location: East Side of Providence
Category: Luxury
Appraised Value: $676,800*
* Appraised Value of the City of Providence
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19 South Court
Location: East Side of Providence
Category: Luxury
Appraised Value: $488,700
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21 Planet Street
Location: East Side of Providence
Category: Luxury
Appraised Value: $492,500 *
* Appraised Value of the City of Providence
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49 Seekonk Street
Location: East Side
Category: Commerical
Appraised Value: $1,222,200*
* Appraised Value of the City of Providence
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