Built in 1902, the Flatiron Building is often said to resemble an iron. (File)
new york:
New York’s iconic Flatiron building, famous for its thin triangle, was sold at auction for $190 million, following a court order.
Built in 1902, this 22-story skyscraper, often described as resembling an iron, fetched nearly four times its $50 million starting price after a fierce bidding war.
“It’s been a lifelong dream of mine since I was 14.
Garlic did not disclose what he plans to do with the landmark building, the channel added.
Straddling Manhattan’s Fifth Avenue, Broadway and East 22nd Streets, Flatiron has been vacant since 2019 when its last tenant, McMillian Publishers, moved out.
Prior to the auction, the building was owned by a consortium of real estate firms, which were divided over renovations and future residents.
After a lawsuit and counterclaims between the parties, a judge ordered the building to be put up for auction.
Matthew Mannion of Mannion Auctions, which held the auction on Wednesday, told AFP Garlick had to pay 10 per cent by the close of business on Friday or the building would go to the second highest bidder. rice field.
(Except for the headline, this article is unedited by NDTV staff and is published from a syndicated feed.)
