The Windermere has seen better days, but will hopefully see them once again soon. (Courtesy LPC)

The Observer is reporting that Windermere, an individual landmark dating from the late 19th Century located on West 57th Street, was recently purchased for $13 million, or an astounding $181-per-square-foot. The sumptuous red brick apartment building had fallen into disrepair some years ago after its Japanese owner apparently lost interest in it, leading to a lawsuit we covered last year. Read More