Famed MONY tower that inspired hit song sells for a lot less cash than it fetched a decade ago in troubling sign for NYC market

The Midtown office tower that inspired the 1968 hit song “Mony Mony” has been sold for “amount” far less than what its previous owner paid. According to the city, Yellowstone Real Estate paid just $185 million to buy the remaining debt of the nearly empty office building, now simply known as 1740 Broadway It is […]