A condo board in Chelsea is fighting the U.S. Department of Justice over its decision to sell a forfeited penthouse at a 64 percent discount. The 6,000-square-foot penthouse at the Walker Tower sold for $50.9 million in 2014, a downtown record. It went into contract last week for $18.25 million, according to the Wall Street Journal. The tower’s board, angry about the steep discount, is now pushing back. The board has exercised its first right
source https://therealdeal.com/2020/06/18/walker-tower-condo-board-opposes-heavily-discounted-sale-of-1mbd-unit/
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