Point A up there is the Mayflower and point B is Elliot's new building.
The building is one block from the Mayflower Hotel, the location of Mr. Spitzer's tryst, which led to his undoing. Asked if the proximity to the hotel creates mixed feelings, Mr. Spitzer demurred. "No. We are buying a great building. That's why we are buying it," he said.
People familiar with the Washington deal say Mr. Spitzer worked closely on it. "Did I walk the floors? Yes. Talk to the tenants? Make sure the building was in every respect what we wanted? Yes."
The building will appear topless on the front page of the New York Post next Monday.