Gasping for air: Aby Rosen tries to kill SL Green’s air rights deal in latest round of Madison Ave power struggle

Aby Rosen is ratcheting up his fight with SL Green. Rosen’s RFR in December bought a $1 million apartment in the residential condo building at 5 East 44th Street. What would Rosen — who basks in a lavish lifestyle of high-end art and a private yacht — want with such a modest home? As it turns out, the condo’s board was negotiating to sell its unused air rights to Marc Holliday’s SL Green — which has been the subject of Rosen’s scorn ever since the REIT outmaneuvered him last year to buy the prime office development site at 346 Madison […]

This article originally appeared on The Real Deal. Click here to read the full story.