OAKLAND \u2014 A century-old downtown Oakland building once known as \u201cRadio Central\u201d has tumbled into a loan default, a financial setback that suggests the city\u2019s real estate ailments have yet to run their course.<\/p>\n
The office and retail building at 464 19th St. is in default on a $2.4 million loan that has become delinquent, documents filed on May 4 with the Alameda County Recorder\u2019s Office show.<\/p>\n
Warren Malnick, described on his LinkedIn page as a developer, manages the affiliate that owns the two-story, 11,800-square-foot building, state business records show. Over the decades, the ground floor often was leased to a retailer.<\/p>\n
The building at the corner of 19th Street and Broadway in the Uptown district has a rich history, according to the Bay Area Radio Hall of Fame<\/a>.<\/p>\n Constructed in 1923 for Harvey Lyon, owner of Lyon Moving & Storage, the building\u2019s design was crafted by Edward Foulkes, who was the architect for the landmark Tribune Tower<\/a>, another historic Oakland building that\u2019s in default.<\/p>\n From 1936 through 1964, Oakland radio station KROW and its successor KABL operated in the building.<\/p>\n Notable personalities such as Don Sherwood and Russ Coughlan worked for one of the radio stations that operated on the second floor, according to the Bay Area Radio Hall of Fame. Comedian Phyllis Diller once was a copywriter for KROW before turning to stand-up comedy.<\/p>\n The loan default extends wide-ranging financial setbacks<\/a> that have descended on numerous office, apartment, and hotel buildings<\/a> in downtown Oakland.<\/p>\n