Famed MONY tower that inspired hit song sells for a lot less cash than it fetched a decade ago in troubling sign for NYC market
Yellowstone Real Estate forked over a mere $185 million -- a major haircut from the $420 million the famed Mutual of New York tower fetched a decade ago -- to purchase the remaining debt on the near-empty office building now simply called 1740 Broadway, according city Department of Finance records.
Source: nypost.com
