The Spain-based Italian architect Teresa Sapey has had more success suspending 100 paper lanterns over European streets than selling her Plaza condo. In July 2007, she spent $6.9 million on a five-room, two-bedroom, 2,339-square-foot apartment in the new hotel-condo, but by the end of the year, according to The Times, it was back on the market for $10 million.
The Wall Street Journal reported two months later that the price was coming down to $9.8...
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