Once-elite Detroit Club heads to public auction under a cloud - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
July 27, 2014 Newswires
Share
Share
Post
Email

Once-elite Detroit Club heads to public auction under a cloud

JC Reindl, Detroit Free Press
By JC Reindl, Detroit Free Press
McClatchy-Tribune Information Services

July 27--A vestige of old-moneyed Detroit will be up for grabs this week when the historic <org>Detroit Club building goes to auction.

The four-story stone and red brick clubhouse is at the downtown corner of Cass Avenue and Fort Street. The building was home to the Detroit Club itself from the day it opened in 1892 until just seven months ago, when the property changed hands.

The new owner, real estate investor Emre Uralli, bought the Romanesque Revival-style building for $1 million in late December and has since done several renovations to prepare the property for auction, including new flooring and bathroom fixtures and a restaining of the club's detailed and expansive woodwork.

Bidding will open at $950,000 in the two-day online auction, scheduled to begin at 10 a.m. Tuesday at Auction.com and to conclude Thursday. To trigger a sale, the successful bidder must satisfy the auction's undisclosed reserve price, according to Ryan Snoek, an agent representing the seller.

The auction is specific to the real estate, although what's left of the club's furnishings could be included for a reasonable offer, Snoek said.

But for some of the remaining members, this final chapter in Detroit Club history has been frustrating.

The club and Uralli have been locked in a legal dispute since February over ownership of several antiques that may or may not still be in the building.

Past president John Booth II said the objects in dispute include rare books, a 12-point Michigan elk shot a century ago, a plaque commemorating the club's World War I veterans and the club's documents of incorporation from 1882.

Booth believes the incorporation papers and rare books were lost during Uralli's clubhouse renovations.

"They really didn't care about the history," Booth said. "They just wanted to get it repainted and tarted up for resale."

Uralli's lawyer, Eden Allyn of the Allyn Smith Law Group, said she couldn't speak to whether any particular objects have vanished, but said club members are claiming ownership of an expanding list of items that belong to her client.

"Even something as ridiculous as an exercise bench," she said.

Wayne County Circuit Judge Daniel Ryan has ordered both parties to meet with a facilitator to sort out matters. The meeting is set for Thursday -- coincidentally the final day of the auction.

"I am very hopeful that the matter will be resolved," said George Bedrosian, the court's facilitator. "I think nostalgia on the part of certain board members and the ending of an era of over 100 years is a little painful."

Steeped in history, the Detroit Club is the granddaddy to the still-thriving Detroit Athletic Club, which was started as the organization's athletic arm.

Detroit Club members once comprised much of the city's business and political elite. Its early members included Henry Ford, Alex Dow, Charles Kettering and Truman Newberry.

Numerous visiting dignitaries were entertained there, including Presidents Franklin Roosevelt, Harry Truman and Gerald Ford, and Charles Lindbergh, John D. Rockefeller and the Duke of Windsor.

The club was where Gov. William Comstock met with bankers during the Great Depression and decided to close the state's banks on Feb. 14, 1933. Michigan's bank holiday precipitated a nationwide crisis and a run on the banks in that era before deposit insurance.

A Cold War visit in 1959 by Soviet Deputy Premier Anastas Mikoyan generated international headlines as picketers marched and threw eggs outside the club while the Soviet leader dined inside.

The club's membership peaked at about 1,000 during the 1950s.

To help pay bills, in 1979 the club sold an original Frederic Remington. The 1908 painting "Cutting Out Pony Herds" depicts U.S. Cavalry soldiers charging across the western plains.

The sale netted about $500,000, and members replaced the picture with a replica print in the original frame, according to Booth. "They had a number of fine pictures in the club, but that was the best," he said.

Last year, the original painting sold at auction for $5.6 million.

More financial difficulties nearly forced the club to close in 1996.

A group of younger members succeeded in cutting expenses, beefing up its catering business and lowering rates to attract new members.

That reprieve lasted only so long. In 2011 with only about 30 members, the Detroit Club sold the building for $280,000 to two members, Nick and Lorna Abraham, co-owners of Woodward Parking.

The club continued to meet in the building and lease space from the Abrahams until the end of December, when the Abrahams sold the property to Uralli for $1 million.

Club Member Bradley Thompson said the Abrahams' sale came as a surprise to other members. Lorna Abraham did not return a message for comment.

The Detroit Club is connected to the former 1925 Detroit Free Press building by a pedestrian bridge, which is now closed. Uralli owned the Free Press building until last fall, when he sold it at auction for $4.2 million to Chinese development firm DDI Group, which plans to convert it into apartments beginning next year.

Uralli also owns the surface parking lot next door to the Detroit Club at 300 Fort St. It is also up for auction this week with bids starting at $1.5 million.

Contact JC Reindl: 313-222-6631 or [email protected]. Follow him on Twitter @JCReindl.

___

(c)2014 the Detroit Free Press

Visit the Detroit Free Press at www.freep.com

Distributed by MCT Information Services

Wordcount:  893

Advisor News

  • Will rising retirement needs spark an annuity boom?
  • Living longer, retiring poorer: Why fragmented systems are failing Americans
  • Women say their advisors respect them, but talk down to them
  • How PEPs compare with traditional 401(k)s
  • Allianz studies why 42% of Americans retire sooner than expected
More Advisor News

Annuity News

  • Fortitude Re Completes $500 Million FABN Issuance
  • Reframing retirement income for greater certainty
  • Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • NAIC regulators continue pushing for annuity illustration updates
More Annuity News

Health/Employee Benefits News

  • Molina Healthcare Wins Illinois Medicaid Contract
  • FAIRCARE VERIFICATION OFFERS A HUMAN-CENTERED PATH FOR AI IN MEDICAID
  • Cigna to pull out of individual health market, affecting thousands in Colorado
  • Lawsuit: UnitedHealth misled seniors into dropping Medicare benefits
  • Karnes County weighs employee health insurance increase
More Health/Employee Benefits News

Life Insurance News

  • Greg Lindberg moves to halt $1.65B restitution order, claims he ‘overpaid’
  • Fidelity Investments® to Expand Target Date Lineup With Launch of Guaranteed Income Solution
  • KBRA Releases Research – Private Credit: Much Ado About Nothing – Perspectives on Columbia Business School Paper About Private Ratings
  • VUL sales skyrocket in Q1, signaling major market shift
  • KBRA Releases Research – Private Credit: A More Balanced Review of the NAIC PLR Review Process for Insurance Balance Sheets
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Looking for stronger rates, amplified growth & real results?
Sentinel's Accumulation Protector Plus℠ Annuity is for clients wanting more from retirement planning

Press Releases

  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet