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New York

Lucky Luciano

(11,247 posts)

2. That land lease arrangement is brutal! Surprised the investors in 2008 overlooked that.

Reply to TexasTowelie (Original post)

Mon Mar 11, 2019, 07:21 AM

Mar 2019

I looked into buying a condo in NYC because the price was really interesting. Then I found out that there was a lease for the land...I ran out of the apartment immediately!

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Highlight:

Iconic Chrysler Building is selling at massive 80-percent discount, reports say [View all] TexasTowelie Mar 2019 OP

Wonder what the drumpf tower will sell for when it goes on the market? democratisphere Mar 2019 #1

That land lease arrangement is brutal! Surprised the investors in 2008 overlooked that. Lucky Luciano Mar 2019 #2

I'd like to know if the 2008 $800 million was an inflated price... NeoGreen Mar 2019 #3

TMW (a German investment fund) sold 75% interest in the building TexasTowelie Mar 2019 #4