clock menu more-arrow no yes

Filed under:

Harry and Linda Macklowe's 432 Park Avenue saga has come to an end

New, 3 comments

A judge’s verdict on the 78th-floor apartment saga is favorable to both parties

The Macklowes’ real estate saga at 432 Park Avenue is coming to an end. In September, developer Harry Macklowe’s wife, Linda, sued him for allegedly shrinking the size of her 78th-floor apartment. Now a judge has given his verdict, and it is somewhat favorable to both the warring parties, The Real Deal reports.

Linda Macklowe will now have to close on that $14.4 million apartment in the next two months, according to the New York Post, or she will get her deposit back. Linda had contended that her husband was trying to expand his own apartment next door, by using part of her unit. Now, Linda will get the apartment in its entirely, if she does decide to close on it.

If she decides not to move forward with the sale, then she will get her $2.16 million deposit back as well. Lawyers for both parties expressed jubilation at the judge’s verdict. Meanwhile the Macklowe’s $2B divorce case continues; a ruling on that is expected sometime in the spring, according to the Post.

432 Park Avenue

432 Park Avenue, New York, NY Visit Website