AmBase Corp- Mispriced Penthouses

The battle for the fourth tallest condominium tower in Manhattan may provide a lucrative investment opportunity for savvy investors.

The battle for the fourth tallest condominium tower in Manhattan may provide a lucrative investment opportunity for investors. The key to Ambase's investment thesis is the potential for a sizable payout from the company's derivative lawsuit against its former partners and developers of the Manhattan condominium tower at 111 West 57th Street. For a quick…