Extell Gets Condo Loan Downtown and Buys Time for Midtown Tower

  • Builder obtains $500 million to build One Manhattan Square
  • Extends Central Park Tower funding deadline to July 31

Luxury-condo builder Extell Development Co. said it obtained a construction loan for a lower Manhattan project after months of delays, and bought more time to get financing for a planned tower on Billionaires’ Row in Midtown.

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