New York judges deal setback for Harry Macklowe in 432 Park legal battle
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Judges in New York have dealt a setback to Harry Macklowe in a legal battle related to 432 Park. The outcome of the battle is unclear, but it appears to involve a loan shortfall, and Macklowe has avoided a foreclosure auction on units at the property. The situation is part of larger developments in Macklowe's business and personal dealings, which have also involved other properties and family members.
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