erty giant already owns at least four tenement buildings in the vicinity, and reports say it’s cobbled together enough land to build something big.) Extell has also filed plans for two smaller projects on 92nd Street and Second Avenue, plus, it’s already begun the REAL ESTATE NEWS foundation of a 30-stor

rdon, one of many investors partnering with local players to purchase distressed properties in New York, declined to continent on the sale. CURE and Extell did not immediately respond to calls for comment. The sale was considered a test for the commercial property market. Before the sale, sources said b