New York’s landmark ‘Flatiron’ sold – hopefully for real this time

NEW York’s iconic Flatiron Building was auctioned off yesterday for US$161 (RM738) million to a group of investors led by real estate developer Jeffrey Gural, after the previous bidding’s winner failed to complete the transaction, organisers said.

The sale of the world-famous skyscraper took place outdoors in lower Manhattan with seven bidders registered and about a hundred people present, Mannion Auctions told AFP.