INSTEAD OF SUING OR APPEALING TO REGULATORS, THESE MANHATTANITES PAID MARKET PRICE FOR THEIR CONDO VIEWS
Sep 20, 2019
3 minutes
CHRISTIAN BRITSCHGI
FACED WITH THE prospect of a new apartment complex going up next door and blocking their view of the Empire State Building, a group of wealthy Manhattan condo owners in 2016 did something extraordinary: They decided to negotiate rather than litigate.
Together, the building’s residents offered developer Gary Barnett, who was behind the neighboring construction project, $11 million for the air rights over his land.
Residents on the
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