Harlem's The Lenox has filed for bankruptcy, Crain's reports, and if you take the developer's word for out, it's just a time-buying procedure that's no big deal. Does give us a way to peek into the building's affairs, though: 59 of 77 units in the West 129th Street building sold at prices between $525 and $600 per foot. A dozen of the remaining units have been rented out. Not bad numbers, but that won't stop the Lenox Grand from doing a celebratory jig. [Crain's]
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