Tuesday 27 October 2020

For struggling condos, the pandemic proves the ultimate test

A partially built condominium in Manhattan’s Financial District cuts a melancholy figure on an overcast Saturday in August. The front of the building, an exposed checkerboard of unfinished apartments, stretches 912 feet upward into a fog of gray cloud. Two security guards mill about on the deserted pavement opposite. Construction at 125 Greenwich Street has been stalled for months, and the developers, a group that includes Davide Bizzi’s Bizzi & Partners and Howard Lorber’s New



source https://therealdeal.com/2020/10/27/for-struggling-condos-the-pandemic-proves-the-ultimate-test/

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