It's Take Two for Lev Leviev
cityfile · 12/23/09 02:04PMIsraeli diamond/real estate mogul Lev Leviev purchased the former headquarters of the New York Times at the worst possible time: In 2007, he paid $550 million for the West 43rd Street landmark, or about three times what the seller had paid two years earlier. The Uzbekistan-born billionaire (and part-time mohel) had been planning to turn it into a "first-class" office building. But then the recession came along and Leviev's empire started to unravel. And so now he has new investors and a new plan for the massive space.