Flatiron Building Being Converted to Residential
The Brodsky Organization bought a stake in the landmarked office tower with an eye toward residential conversion.
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The Brodsky Organization bought a stake in the landmarked office tower with an eye toward residential conversion.
Jeffrey Gural, who currently owns a stake in the Flatiron Building, bought the iconic building at its second auction for $161.5 million.
The historic NYC landmark has been sold a second time in recent months after the initial buyer neglected to pay.
New York's iconic Flatiron Building was auctioned off Tuesday for $161 million to a group of investors led by real estate developer Jeffrey Gural, after the previous bidding's winner failed to complete the transaction, organizers said.
New York's iconic Flatiron Building was auctioned off Tuesday for $161 million to a group of investors led by real estate developer Jeffrey Gural, after the previous bidding's winner failed to complete the transaction, organizers said.