Vornado’s Steve Roth Sells West Village Loft for Four Times What He Paid
admin Jan. 11, 2013, 11:37 a.m.
The West Village, 1999. The meatpackers have all but left the nearby cobblestones, but a savvy buyer can still pick up a sprawling, newly-converted industrial loft for a little over a million bucks.
Enter Steve Roth, chairman of megadeveloper Vornado, who knows a real estate deal when he sees one and is renowned for waiting out the market until the time is right to sell.