Saturday, February 6, 2010jump to the original story in -The New York Observer:
Sam Zell--the self-proclaimed "grave dancer" with a history of swooping in on the carcasses of struggling businesses--is now picking at the Manhattan real estate market. Yesterday, Mr. Zell's company Equity Residential fleshed out its plans in Chelsea, which were reported by the NY Post. His company Equity Residential said it plans 111 market-rate apartments and nearly 10,000 square feet of retail space in the Chelsea neighborhood at the southwest corner of 10th Avenue and 23rd Street.
'Grave Dancer' Sam Zell, Takes Manhattan