05/24/2010 05:12 am ET Updated May 25, 2011

Superior Ink, Manhattan's Hot Real Estate

The Related Companies, led by Miami Dolphins owner Stephen Ross and famed for its co-development of the Time Warner Center, bought the former Superior Ink factory, a discreet warehouse quietly hugging the highway on the corner of Bethune Street at the edge of the West Village, for $41 million in the fall of 2006 (remember, the penthouse alone is currently listed at $39.5 million).

Much to the chagrin of nostalgic locals, it was leveled, and out of its Old New York ashes rose a historically conscious condo colossus designed by architect Robert A.M. Stern.

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