For sale: One of New York's first skyscrapers

2023-03-15T17:12:00-04:00

A protracted battle over control of one of New York City’s most iconic buildings will finally be settled at auction later this month. A group of developers will hash out their ownership of the Flatiron Building after a State Supreme Court judge ruled a sale could move forward on March 22 at Mannion Auctions. The auctioneer, Matthew D. Mannion of Mannion Auctions, LLC, confirmed that the sale is public — meaning anyone can bid, and the Flatiron Building is therefore anyone’s to win.

The city’s landmark first skyscraper, designed by Daniel Burnham and Frederick Dinkelberg has sat empty since publishing house Macmillan left the building for greener pastures of FiDi in early 2019. However, the four majority owners of the property aren’t looking to sell, according to quotes they provided to Hyperallergic. “Our plan is hopefully to maintain ownership. We’re going to bid for the 25 percent,” explained GFP Real Estate Chairman Jeffrey Gural.

The minority partner they’re trying to force out, Nathan Silverstein, says it’s a matter of “different viewpoints with people who evidently get upset too quickly.” Gural added that the plan would then be to lease each of the 22 floors individually, adding that his only strategy heading into next week’s auction is to “play it by ear.”

Safe from demolition, Richard Neutra's Chuey House seeks "preservation-minded buyer"

2019-01-04T17:36:00-05:00

The Los Angeles Conservancy, which spearheaded the landmarking efforts, canceled plans to name the property a Historic-Cultural Monument after agreeing to a deal with owners Paul and Gigi Shepherd to “take demolition off the table.” That means buyers must be willing to relocate the home if they plan to build on the stunning hillside vista where it sits.

Now listed for $6.25 million, Richard Neutra's historic Chuey House in Hollywood Hills is still up for grabs. “According to listing material, the one and a half acres upon which [the house] sits could accommodate a 20,000 square foot megamansion. That’s more than 10 times the size of the existing structure,” the article states.

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For sale: One of New York's first skyscrapers

Safe from demolition, ​Richard Neutra's Chuey House seeks "preservation-minded buyer​"

Safe from demolition, Richard Neutra's Chuey House seeks "preservation-minded buyer"