Friday, June 3, 2011

One Madison Park update

Your friendly blogger told you on May 4 that therealdeal.com had recently reported that a rescue plan was expected for the nearly empty 60-story tower at the foot of the park within one week. 

Now, more than a month later,  therealdeal.com says a rescue plan is expected within two weeks.  (There's a joke there somewhere.)

"It's taking longer than I think everybody had hoped," the attorney for the developers is quoted as saying.  No kidding.  Anyway, here's the link:

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