The owner of the $4 million-plus penthouse at 112 Franklin Street accepted an offer in late February. By mid March, the stock market had plunged and the buyer had walked away. Then a second offer fell over — also a victim of the coronavirus. So broker Wendy Maitland of Atelier WM circled back to the original buyer, who agreed to a deal with concessions. The contract — one of only two signed last week for
source https://therealdeal.com/2020/04/20/the-highs-and-lows-mostly-lows-of-luxury-market-dealmaking/
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