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.
Categories
Recent Posts
LA’s politicians more hostile to housing than New
York’s
Newmark’s succession question is bigger than Barry
Gosin
NY Dirt: Mamdani’s BSA pick heads to the hot seat
What a lawsuit over Rhode Island’s pied-à-terre tax could
mean for New York
Hear The Lions Roar From This $15 Million South African
Villa
Innovation Is A Potential Solution To The Construction Labor
Shortage
Midtown buys Doral industrial portfolio for $86M as local
businesses drive demand for smaller spaces
How Nathan Nicholson Cashed Out His 401(k) to Build 23
Rentals
StreetEasy caps big brokerages from lead-gen program
What’s going on with Chobani House?
