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[QUOTE="OttoMets, post: 4286048, member: 716"] Also, the security company who got stiffed by Felix Sater's ownership group and decided that a build-your-own-severance-package that involved stripping all the copper from the property (including thousands of feet of flashing from the roof) was their best recourse. That didn't help. Asbestos and lead aside, that was an impressive structure. Bowling alleys, full gym and pool, spectacular views. Heavy, heavy structural steel. And more electricity than 630,000 square feet could ever hope to use. Trouble was that the wings weren't deep enough to accommodate modern apartments. If the interior weren't so far gone (and contaminated), the pro formas might have penciled out with weird sizes and a reduced unit count. But factoring in the huge remediation cost, nothing worked. [/QUOTE]
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