Quote:
Originally Posted by gramsjdg
Excuse my ignorance, but what makes Kushner so confident in securing financing when Extell is having trouble getting it for CPT which is already under construction and has at least one guaranteed tenant (Nordstrom)?
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IMO your assumption is wrong. What makes you think Extell is having issues?
Excluding office towers with presigned tenants, giant supertalls almost always take many years to assemble financing packages. And Extell has like a dozen megaprojects underway simultaneously, from 560 Fifth to City Point to One Manhattan Square.
This isn't like financing a Dunkin Donuts franchise. 660 Fifth, like CPT, won't be financed overnight.