NEW YORK CITY-The much anticipated auction of 251 ParkAve. has been postponed until Oct. 9.
The 75% vacant office tower on East 20th Street was scheduled togo 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. RingAssociates and Extell Development Co.Extell acquired its 50% stake in the 120,000-square-foot propertylast December for $19 million. See story in the New York Post.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
