Jacob Garlick has expressed that he’d like to redeem himself and hold onto the Fifth Avenue steel-frame icon, which he won at auction.
The mysterious 31-year-old who won the iconic Flatiron Building at auction in March doesn’t appear to have the money for it, yet is trying to retain the property.
in the dramatic bidding war that ensued, sending the real estate world into a tizzy over the deep-pocketed newcomer and surprise victor. The building has been the source of a soap opera-level of drama since hitting the auction block last month.“Why would you take anything he is saying seriously?” said longtime building stakeholder Jeffrey Gural, of GFP Real Estate, the outlet reported, adding that he believes Garlick’s bid shouldn’t be considered unless he wires the entire $190 million into an escrow account.
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