Photographer: Craig Warga/Bloomberg

Manhattan's Newest Condo Builder Speeds Up in Slowing Market

  • Michael Shvo has plans to list 400 units for sale by August
  • Luxury-home demand slipping after four-year construction boom

While a luxury-condo glut spurs some of New York’s biggest developers to re-evaluate their plans, a relative newcomer is plowing ahead with confidence.

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