Who Wants to Buy the Flatiron Building?

A daily mix of stories about cities, city life, and our always evolving neighborhoods and skylines. [Curbed]( WEDNESDAY, MARCH 22 landmarks [Who Wants to Buy the Flatiron Building?]( It goes up for auction today. Here’s what you could get for a couple hundred million. Photo-Illustration: Curbed; Photo: Atlantide Phototravel/Getty Images The Flatiron Building [is up for sale]( today, and if you show up at Mannion Auctions on lower Broadway with a solid nine-figure bid, it could be yours. It’s an availability that stems from a long-simmering impasse. Five companies jointly own the Flatiron, four of whose plans for it are more or less aligned. The fifth, Nathan Silverstein, whose father bought 25 percent of the building in 1945, disagreed with them about its future use and imminent renovation — among other things, he reportedly proposed breaking it up into five individually owned units, condo style, which would have been even harder to manage — and after several years’ stalemate, a judge recently ordered that they sell, leading to today’s bidding. (This is the second time the building has been auctioned off amid difficulty. The first was when its owners defaulted on the mortgage during the Depression in 1933.) The buyer will receive it empty save for a ground-floor retail tenant, because one of the things the owners could not agree upon was precisely how to carry out the needed renovations after the last office tenant left. [Continue reading »]( Want more on city life, real estate, and design? [Subscribe now]( for unlimited access to Curbed and everything New York. [Learn more about RevenueStripe...]( The Latest [What Does the Mayor Have Against Windows? Natural daylight is not the enemy of affordable housing.]( By Alissa Walker [What Happens When an Architect Designs Their Own Family Getaway Two different upstate homes — one modern, one cozy.]( By Wendy Goodman [Ben Affleck and Jennifer Lopez Can’t Decide on a Mansion The couple has reportedly fallen out of escrow on a third palatial estate.]( By Zach Schiffman [Learn more about RevenueStripe...]( [Read More From Curbed]( If you enjoyed reading Curbed’s daily newsletter, forward it to a friend. Or [sign up for our Design Hunting newsletter]( for a visual diary from design editor Wendy Goodman. [logo]( [facebook logo]( [instagram logo]( [twitter logo]( [unsubscribe](link.nymag.com/manage/588/optout-curbed?email={EMAIL}&hash=6c53b63a8e3fad70ad4ef13004527437¶m=curbed) | [privacy notice]( | [update preferences]( This email was sent to {EMAIL}. Was this email forwarded to you? [Sign up now]( to get this newsletter in your inbox. [View this email in your browser.]( You received this email because you have a subscription to New York. Reach the right online audience with us For advertising information on email newsletters, please contact AdOps@nymag.com Vox Media, LLC 1201 Connecticut Ave. NW, 12th Floor Washington, DC 20036 Copyright © 2023, All rights reserved