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Navigating the construction lending drought
Trophy office buildings and luxury condos are becoming harder to finance, but some are tapping into the right formulas
![(Illustration by Chris Manfre)](https://static.therealdeal.com/wp-content/uploads/2016/07/Construction-lending-illustration-1.jpg)
From the July issue: In November 2014, after more than a decade of political disarray and public disappointment, the first World Trade Center tower finally opened, giving New Yorkers a sense that the sprawling commercial complex was becoming a reality once and for all. Things came more into focus this year, when the transit hub opened in March, followed by the topping out of 3 World Trade Center in late June.
And yet, a crucial piece of the development project — 2 World Trade Center— is still missing. [more]
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