NYC's iconic, and vacant, Flatiron Building to transform into luxe condos

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NYC's iconic, and vacant, Flatiron Building to transform into luxe condos
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The Brodsky Organization has joined forces with the property’s current owners to embark on this office-to-residential project, sources told this past spring when its diverse group of owners — including Jeff Gural’s GFP Real Estate, the Sorgente Group, ABS Partners and investor Nathan Silverstein — couldn’t see eye to eye on its future.Jacob Garlick swooped in

In a twist of fate, a new auction ensued, and Gural’s group emerged victorious with a still-impressive bid of $161 million.The owners set their sights on finding a new investor to spearhead the conversion, and that’s where the Newmark team of Adam Spies, Doug Harmon, and Adam Doneger stepped in to seal the deal with Brodsky.

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