"It's still a little bit of a mystery. It's quite strange," says the reporter. "He doesn't really have any connection to the building." He is related to the minority owner of the building, Nathan Silverstein confirmed that. 'I don't know though why what made him think this is a good investment or what made him thinks that this is something that would really be able to do'
When Jacob Garlick, a relative unknown in the small world of New York real estate, secured the winning bid on the Flatiron building, he told NY1 the moment had been a “lifelong dream since he was 14 years old.” Two days later he flaked on the down payment. The Real Deal's Deconstruct chats with senior reporter Keith Larsen on the man behind the botched buy and why Garlick is still gunning for the building.
Credits: NY1