NEW YORK CITY-The much anticipated auction of 251 Park Ave. has been postponed until Oct. 9.
The 75% vacant office tower on East 20th Street was scheduled to go to auction on Aug. 28, but was pushed back until next month, according to the New York Post.
The pre-war building is owned by F.M. Ring Associates and Extell Development Co. Extell acquired its 50% stake in the 120,000-square-foot property last December for $19 million. See story in the New York Post.
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