This might not seem like the time to build a condominium tower in Manhattan. The city is full of unsold units. Lenders are reluctant to finance condos. And many of the city’s wealthy residents have fled. But Josh Schuster of Silverback Development is moving forward with plans for a 35-story building at 131 East 47th Street. “We’re contrarian and we want to focus on these counter-cyclical construction development projects,” he said. Schuster’s hope is that
source https://therealdeal.com/2020/06/18/silverback-hong-kong-group-to-build-midtown-condo/
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