Let's say the developer of a troubled condo megaconversion?Hell's Kitchen's Sheffield57, perhaps?was trying to sell off his stake in the building. How much might it cost to complete the renovation and satisfy the litigious tenants? The Real Deal lets us know: $35 million, if you take the developer's word for it. Or $50 million, if you want to go with the Moody's estimate. Must be one heck of a pet spa! [Real Deal; previously]
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