Posted at 8:45 a.m., Monday, June 4, 2001

State will try again to auction Marks Estate

Associated Press

The state will make another attempt to auction the Marks Estate in Honolulu's Nuuanu area.

The state Board of Land and Natural Resources recently granted the Department of Transportation authorization to sell the property.

The state has been trying to sell the property at 3860 Old Pali Road since 1996. There were no bids at a public auction in March 2000. The upset price was $3.25 million.

The property was the home of Alfred Lester Marks and his wife, Elizabeth McCandless Marks. The state bought the property for $625,750 in 1956 because the Pali Highway project cut through the original 17.75-acre Marks Estate.

The state took over the mansion in 1976 and made it the home of the Hawaii Institute for Management and Analysis of Government, which has been dissolved.

The property is on the National and Hawaii Registers of Historic Places.