Take the colossal condo conversion of the Upper East Side's Manhattan House off your foreclosure scorecards: Crain's reports developer O'Connor Capital Partners got an extension on its $750 million loan. Sales "have also been brisk," with 20 contracts signed last quarter and 137 units spoken for overall. How did the $1.1 billion development turn its luck around? Good coaching! [Crain's]
Filed under: