After narrowly avoiding a foreclosure earlier this month, the developer of glassy 1055 Park Avenue has filed for personal bankruptcy in an attempt to avoid losing the property and to "sell the apartments in an orderly fashion at market prices," his lawyer tells The Real Deal. It's a plan that hasn't worked well so far, but the building's broker says the $4.3 million penthouse is allegedly going into contract this week. [Real Deal; previously]
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