Given all the delays at the W Downtown Hotel & Residences in the Financial District, why?why?would a building rep make this claim: "In addition, rumors abound that [developer Joseph Moinian] is having difficulty selling units in his W Downtown Hotel & Residences at 123 Washington St. and that the project is in dire straits. A spokesman for the developer says the building will be completed in a few weeks and that sales of condos have topped $100 million." A few weeks, eh? OK, but the upper floors might get a bit drafty. [Crain's]
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