|The Connaught, in its prime|
With respect to the Connaught, Kara said to the Spec "“If they’d sell it to me for $4 million I’d take it tomorrow. The owners say they want $4 million or $5 million more and that’s just too much.” “It would take $20 million to revive it,” he said. “There’s pigeons all over the place in there.”You may recall that Harry Stinson also had expressed an interest in the past as well. Kara concedes that he (Kara) has never made a formal offer on the building, but had a general discussion with a representative of its owners.
Do you see an end to all of this, short of a wrecking ball?