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Old Posted Apr 19, 2011, 2:14 PM
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NYguy NYguy is offline
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
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http://dcrealestate.citybizlist.com/...a-Mistake.aspx

Quote:
In 2005, we acquired for $131.5 million the rent-stabilized residential building located at 220 Central Park South. David recently achieved a milestone here by reaching agreement, in a court supported process, to buy out all the remaining rent-stabilized residential tenants. There remains one commercial tenant.

This wonderful Central Park fronting condo site continues to be a work in progress.

A similar building on this site was to be Merrill Lynch's headquarters, but that's a tale for another day.
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