Man buys NY’s iconic Flatiron building at auction, then backs out

NEW YORK  -The investor whose $190 million auction bid won him the world-famous Flatiron Building failed to complete the transaction, and the Manhattan skyscraper may go back on the block if a runner-up also forgoes purchasing rights, a broker said Thursday. In a highly contested auction March 22, little-known bidder Jacob Garlick, founder of the … Continue reading Man buys NY’s iconic Flatiron building at auction, then backs out