Walker Tower condo board fights “low-ball” sale of 1MDB-linked penthouse

In order to prevent the U.S. government from selling a 1MDB scandal-linked penthouse at a steep discount, the condo board of Chelsea’s Walker Tower recently sought to exercise its right of first refusal on a proposed sale. Unfortunately for them, a federal judge has decided that such a right no longer exists. Judge Dale Fsicher wrote in a decision last Monday that a May consent judgment wiped out the board’s right of first refusal —

source https://therealdeal.com/2020/08/03/walker-tower-condo-board-fights-low-ball-sale-of-1mdb-linked-penthouse/