820 Fifth Claims Another Boldface Turn-Away; Even Call From Hizzoner Doesn't Help

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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