NEW YORK: Manhattan’s biggest new condo tower has reached a milestone: Buyers have signed contracts for more than 100 units at the property that Extell Development Co is building on the Lower East Side. Only 700 or so more sales to go.
In a market brimming with luxury construction and wealthy buyers holding back amid so many choices, Extell is tasked with selling out a veritable neighborhood at its One Manhattan Square project on South Street. At 815 units, the tower has the second-largest number of condos in any single Manhattan building and the most for a newly built property.
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