ATLANTA (AP) - The tallest skyscraper in the southern United States is going up for public auction after its owners missed mortgage payments.
The 1,023-foot Bank of America Plaza in Atlanta is scheduled to be auctioned Tuesday on the steps of the Fulton County Courthouse.
The Atlanta Journal-Constitution reports reports the building's landlord, Los Angeles-based BentleyForbes, missed mortgage payments.
The commercial real estate investment firm bought the high-rise at the height of the real estate boom for $436 million.
Emporis, a German company that maintains an extensive database of buildings around the world, says the 55-story skyscraper is the tallest building in the South, and the tallest building in any state capital in the U.S.
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to email@example.com. Please provide detailed information.