Lincoln Square

A photo illustration of Extell Development's Gary Barnett and renderings of the planned 25-story project at 36-44 West 66th Street (Getty, Extell Development, NYC DOB)

Extell adds $107M loan for its controversial Lincoln Square condo project

Funding is the latest installment on nearly $1B in financing for two projects

A&R Kalimian managing principal Albert Kalimian and 200 West 67th Street (Getty, Google Maps)

Kalimian risking default at Lincoln Square luxury property

Fitch downgraded rating tied for a security tied to a loan at Aire

From left: Gary Barnett, Steve Witkoff, Chris Xu, and Len Blavatnik along with Central Park Tower, One High Line, and Skyline Tower (Getty, Extell Development Group, The Witkoff Group, Google Maps)

New condo sales slowed in April, especially in the luxury market

Signed contracts still up 8% this year over pre-pandemic average