More than a year after Chinese developer Xinyuan Real Estate dismantled its local New York City team and brought on another firm to oversee its developments, the company’s lone Manhattan project has hit a snag. Xinyuan’s Hudson Garden condominium in Hell’s Kitchen is behind schedule. And Kuafu Properties, the developer Xinyuan tapped last year to helm its projects, has renegotiated the development’s construction loan, sources told The Real Deal. Kuafu negotiated an extension through 2021 […]
source https://therealdeal.com/2019/04/02/kuafu-refinances-xinyuans-delayed-hells-kitchen-condo-development/
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