A Deal Deferred: What Happened To Billy Macklowe’s Plan to Buy at 950 Fifth Avenue?
It looks like Billy Maklowe and wife Julie will not be getting a new home for the holidays. At least not at 950 Fifth Avenue. While the New York Post reported that real estate scion (son of Harry) was in contract to buy a 12-room co-op there this November, it looks like the deal has fallen apart.
At least a deal has fallen apart. The paper trail shows that the sprawling duplex, which first hit the market in July with Stribling brokers Cindy Kurtin and Jessica Vertullo Maher, went into contract in October. Only to re-emerge, back on the market, at the very end of November. Whether or not the rebuffed or regretful potential buyer was Mr. Macklowe, who helms William Macklowe Company, remains a mystery. Ms. Kurtin gave The Observer a “no comment” when we reached her on the phone. Read More
