The team of the Clarett Group and Vornado Realty Trust has been trying to empty out the drab rental building at 220 Central Park South and replace it with a 40ish-story luxury condo tower since the beginning of time?and by that we mean the start of the last real estate boom. They've now managed to work their way down to a handful of holdouts, broker-blogger Andrew Fine observes:
I counted what looked like at least 8 to 10 holdouts including one who is clearly having difficulty parting with a lush, south-facing terrace. I spoke with a building employee (who shall remain anonymous) and he confirmed that there were still holdouts and that 'they aren't going anywhere' and that the 'landlord has to settle with them to get them out'.Guess if we spot a crop duster dropping poison on the building, that means negotiations aren't going well.
· Slow Death And Rebirth On Central Park South [A Fine Blog]
· 220 Central Park South coverage [Curbed]