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2020-02-21 — curbed.com

Per Crain's, fewer than half of the building's apartments have sold since sales launched in 2015, and its priciest and largest apartments (including a $50 million penthouse) are still seeking buyers. Only two of those apartments sold in 2018. This, Crain's concludes, makes it "a rare bust" for Related.

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Ultimately, market forces and the tastes of buyers may be to blame. The dip in luxury sales in NYC has been well-documented (despite the occasional $59 million penthouse sale in the neighborhood), and one broker with Douglas Elliman speculated that the apartments themselves don't quite reflect what buyers want these days--namely, smaller, less expensive apartments.

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