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By Laura Kusisto 1/24/11 4:33pm

Troubled Towers

Can Cosmetic Surgery Save Madoff-Tainted Tower?

The Lipstick Building’s problems are hardly cosmetic. The building pushes toward the sky in perfect oval layers, but beneath the smooth facade, the building has been smeared by bankruptcy and its association with the Madoff scandal.

Now it has new owners, who are hopeful that a $15 million touch-up will be enough to rehabilitate Read More

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