Real estate has crumpled, prices have tanked, desperation is thriving and swagger is dead. But at one of the oldest, meanest, most gubernatorial, thoroughbred, pined-for co-ops on Fifth Avenue, choosiness lives on.
According to a source at 820 Fifth Avenue, the building has turned away real estate developer Jeff T. Blau, the self-made 41-year-old president of the Related Companies. He had been willing to pay about $31 million, more than anyone’s spent on a...
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