The Real Deal New York

485 Fifth Avenue – no longer going condo?

September 07, 2006 12:00AM

Another fresh sign of the cooling sales market in Manhattan: The much-hyped 485 Fifth Avenue is no longer going condo. The former Tommy Hilfiger headquarters, because of slow sales, is reportedly on its way to becoming a hotel. Buyers of about half of the 104 condo units planned for the building are getting their deposits back. more [Post]

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