Dallas Developer’s Manhattan Legal Battle

Dallas developer Poorvesh Thakkar’s Manhattan office tower gamble is turning into legal chaos — he bought the 23-story building for a record-low $8.5M, but now faces a $28M tax bill and eviction from the landlord who claims he ignored deadlines. Thakkar countersues, alleging the landlord sabotaged his residential conversion plans. Meanwhile, his Plano project Mustang Square moves forward — with luxury condos sold and D.R. Horton snapping up lots — though his track record of stalled developments casts doubt. Elsewhere, Austin gets a $30M Ayn Rand museum, while Dallas’ downtown sees Fifth Third Bank vacate its massive Comerica Tower space, worsening vacancy woes. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ef6f247ca36ded1c