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The Flatiron Building’s fate is still up in the air with Jacob Garlick not delivering on 10 percent of the $190M owed by end of day Friday.
This week Jacob Garlick emerged as the new owner of the Flatiron Building with a bid of $190 million at an auction for the landmark building.
The now-former owners of the Fifth Avenue landmark lost their deed to a deep-pocketed challenger in a Wednesday court-ordered auction.
The sale to outsider bidder Jacob Garlick puts an end to the protracted legal battle between the iconic skyscraper’s five former owners.
The iconic Flatiron Building in New York City will go up for auction later this month in a bid to finally settle a bitter dispute between its four owners.