"This doesn't really happen. There are a lot of young people who get to this point, but like they're known because of their family backing or something like that," says CNN's John Sutter. "For someone to rise to this point without anyone really knowing who he is, except for a couple of small investments ... It's just really strange."
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