The developer of troubled glasstravaganza 1055 Park Avenue reached a last-minute deal with his lenders to stop the foreclosure auction of the six-unit sliver building. Trevor Davis defaulted on a $6 million loan, and it looked like Zimco Holdings was going to take the building. What's next for the ultramodern addition to Park Ave.? Another round of price cuts, we're guessing. [Real Deal; previously]
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