Triangle-Shaped Building Changes Hands in New York City
Jeff Gural has won the iconic New York Flatiron building at a public auction. A court-ordered partition sale settled a dispute between Gural and Nathan Silverstein, who owned 25 percent of the building. The transaction took place for US$161 million.
This was Gural's second attempt to acquire the building. Massive renovations are anticipated to take place on the building.
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