SAN JOSE — An East Coast buyer has emerged for two landmark San Jose housing towers that had teetered on the brink of foreclosure, becoming a high-profile example of a neglectful and absent owner.

The two residential towers at 188 West St. James Street in downtown San Jose, have been bought by New York City-based Machine Investment Group, the real estate firm said.

China-based Z&L Properties, through an affiliate, had owned and developed the 188 West St. James towers. After numerous construction blunders, only one tower was fully completed and became home to an unknown number of occupants.

The second tower remains incomplete and unoccupied.

The 188 West St. James complex includes approximately 600 residential units. Each tower has roughly 300 residences. The ground floor has commerci

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