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Principals of Paramount Realty Misha Haghani, right, and Scott Burman, left, pose at an apartment at 127 Madison...The first developer auction for a Manhattan condominium development in almost twenty years will be held next month on June 27th at The Roosevelt Hotel..Paramount Realty USA, a New York-based real estate auction company, announced that it has been hired by Cardinal Investments to market and sell the remaining six luxury residential condominiums at their Madison Square North condominium development, m127, located at 127 Madison Avenue between 30th and 31st Streets..Misha Haghani, one of the two principals of Paramount Realty USA, says the auction will clearly reveal what the units are worth in today's market. "The transparent and open nature of the auction process will provide pricing clarity to buyers by showing what others are willing to pay," said Haghani. "It's a once in a lifetime opportunity to name your price on these exclusive Manhattan residences.".. Photo by Robert Caplin

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Principals of Paramount Realty Misha Haghani, right, and Scott Burman, left, pose at an apartment at 127 Madison...The first developer auction for a Manhattan condominium development in almost twenty years will be held next month on June 27th at The Roosevelt Hotel..Paramount Realty USA, a New York-based real estate auction company, announced that it has been hired by Cardinal Investments to market and sell the remaining six luxury residential condominiums at their Madison Square North condominium development, m127, located at 127 Madison Avenue between 30th and 31st Streets..Misha Haghani, one of the two principals of Paramount Realty USA, says the auction will clearly reveal what the units are worth in today's market. "The transparent and open nature of the auction process will provide pricing clarity to buyers by showing what others are willing to pay," said Haghani. "It's a once in a lifetime opportunity to name your price on these exclusive Manhattan residences.".. Photo by Robert Caplin