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Minskoff’s big gamble on 51 Astor Place paying off
Once-struggling spec tower in the East Village now a magnet for tech firms
![51 Astor Place and Edward Minskoff](https://static.therealdeal.com/wp-content/uploads/2014/04/51-astor-final.jpg)
From the April issue: When developer Edward Minskoff set out to build a new office tower in the East Village, with asking rents ranging from just under $90 to $120 per square foot — roughly double the average in the surrounding area — many in the industry questioned his logic. And for good reason. [more]
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