The Real Deal Miami

Remains of WPB tower set for auction

March 23, 2011 09:29AM

First Commonwealth Bank won the foreclosure judgment against Trinity
1515 concerning the $36 million mortgage on 1515 Tower in West Palm
Beach, which was demolished last year with 3,000 sticks of dynamite. The
site was managed by Edmund Abramson, a New York developer who planned
to build a 24-story condo, The Modern, to replace it, but the plans have
since been stymied. [SFBJ]