• News
    • About
    • Contact Us
    • Social
    • Miami
    • New York
Menu

PROFILEnyc

  • News
  • Connect
    • About
    • Contact Us
    • Social
  • Channels
    • Miami
    • New York
LEADERBOARD+1-2.png
LEADERBOARD+2.png
Linda Macklowe Walks Away From Her 78th-Floor 432 Park Avenue Pad That Has Been The Center of Controversy

Linda Macklowe Walks Away From Her 78th-Floor 432 Park Avenue Pad That Has Been The Center of Controversy

December 27, 2017

Last week PROFILEnyc reported that Judge David Cohen had granted a preliminary injunction giving Linda Macklowe 60 days to decide to close or walk from her 432 Park Avenue 78th floor pad in which she held via deposit. The injunction ordered the developers of 432 Park Avenue to withdraw their amended plans which cut the size of her unit if Linda Macklowe decided to move ahead with the purchase, or, should she decide not to purchase the unit, the developers must return her $2.16 million deposit. The deposit has now been returned and Linda Macklowe will be staying at her unit in The Plaza. Linda Macklowe has also dropped her September lawsuit alleging the developers shrinking her unit and trying to force her to close without lowering the price. Both sides continue to hold the judgement as a win as now Macklowe Properties and CIM Group can now market the unit for sale to new buyers. 

In Legal, Manhattan, News Tags Manhattan, News, Legal, Linda Macklowe, Harry Macklowe, CIM Group, Macklowe, Macklowe Properties
← The ASH NYC-Designed & Developed Glassworks Bushwick Launches Teaser Site, To Launch Leasing In January 2018Construction Update: The Foster + Partners Designed 425 Park Avenue Begins Vertical Rise →

Subscribe

Sign up to stay up to date with the latest in New York residential & commercial real estate news and content. 

We respect your privacy.

Thank you!

Latest Posts

Featured
Mar 18, 2025
The Slope on Fifth Tops Off in Park Slope, Brooklyn
Mar 18, 2025
Mar 18, 2025
Mar 12, 2025
Construction on 989 Sixth Avenue Designed By C3D Architecture Reaches Halfway Point
Mar 12, 2025
Mar 12, 2025
Mar 10, 2025
Naftali Group’s Williamsburg Wharf Welcomes First Retail Lease with Chef Eyal Shani
Mar 10, 2025
Mar 10, 2025

Subscribe

Sign up to stay up to date with the latest in New York residential and commercial real estate news and content.

We respect your privacy.

Thank you!

Copyright @ PROFILEnewyork - 2018

PROFILEnewyork takes no ownership of any imagery unless otherwise noted.